Housing & Residential: Scotland Edinburgh’s Housing Horizon Expands with Over £1 Billion Development by Summix February 28th, 2024 Mya Driver Regeneration company Summix has secured a 15.5-acre site in west Edinburgh, previously utilised by Spanish paper and cardboard company Saica, heralding a significant move towards addressing the housing needs within the city. This acquisition is in line with Edinburgh’s City Plan 2030, which highlights the Maybury site’s potential for the development of over 1,000 new homes, emphasising the city’s dedication to fostering sustainable growth and community enhancement.The project aims to convert the former industrial location into a thriving, sustainable mixed-use community, directly addressing the acute demand for housing in Scotland’s capital. With Saica’s move to a new facility in Livingston, this redevelopment project marks a strategic initiative to rejuvenate one of the last major brownfield sites in Edinburgh. Stuart Black, Summix’s development director, expressed enthusiasm for the development’s capacity to contribute significantly to the city’s housing solutions and the broader objective of sustainable community building.The redevelopment’s strategic positioning offers unparalleled connectivity, with immediate access to train and tram services, the airport, and Scotland’s major motorways, making it an attractive option for prospective residents and businesses. The facilitation of this deal by Savills, as pointed out by Ben Brough, aligns with Edinburgh’s strategic plan for a high-density, mixed-use extension focusing on placemaking, sustainability, and connectivity. This plan is part of a wider strategy to support Edinburgh’s population growth in an environmentally and socially responsible manner.Additionally, Edinburgh will be prominently featured at the upcoming UK Real Estate Investment and Infrastructure Forum (UKREiiF) event, titled “Reloaded Investment Facilitation,” scheduled at the Royal Armouries from 14:15 – 15:00. The session, “Scotland and Northern Ireland: Investor and Developer Facilitation,” will see senior public sector representatives from Scotland and Northern Ireland, including key councils and cities alongside private sector development partners. This exclusive session aims to forge direct connections between these stakeholders and interested investors, developers, and occupiers looking to initiate or expand their operations within the region. Attendance is by invitation only, targeting a select group of investors, funders, developers, occupiers, and the local authorities orchestrating this engagement, highlighting Edinburgh’s proactive approach in attracting investment and fostering development partnerships.