{"id":1004120162,"date":"2015-05-27T06:24:27","date_gmt":"2015-05-27T14:24:27","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004120162"},"modified":"2022-12-05T08:33:44","modified_gmt":"2022-12-05T16:33:44","slug":"international-rbs-ediston-team-on-mixed-use-project-in-edinburgh","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/","title":{"rendered":"International: RBS, Ediston Team on Mixed-Use Project"},"content":{"rendered":"<p><em>By Adriana Pop, Associate Editor<a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png\"><img decoding=\"async\" data-attachment-id=\"1004120163\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/edinburgh-west-retail-park\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png\" data-orig-size=\"369,242\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Edinburgh West Retail Park\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png?w=369\" loading=\"lazy\" class=\"alignright size-medium wp-image-1004120163\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png\" alt=\"Edinburgh West Retail Park\" width=\"300\" height=\"197\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png 369w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png?resize=300,197 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a> <\/em><\/p>\n<p>RBS has partnered with Ediston Real Estate for the conversion of the former fruit market site at Chesser Avenue in Edinburgh into a major residential and retail development.<\/p>\n<p>Construction on the nearly $60 million (\u00a338 million) project is scheduled to begin this month. Plans for the 8.5 acre site call for 114 new residential units and a 58,500-square-foot retail component dubbed Edinburgh West Retail Park.<\/p>\n<p>BP Pension Fund has agreed to forward funds and subsequently acquire the retail portion of the project. Upon completion, the Edinburgh West shopping venue will feature five retail units, three kiosks, ranging from approximately 16, 900\u00a0square\u00a0feet to 1,000\u00a0square\u00a0feet and 285 parking spaces.\u00a0Three of the new retail units have already been pre-leased by Marks &amp; Spencer, Home Bargains and Aldi, while Costa Coffee has agreed to occupy one of the kiosks.<\/p>\n<p>RBS has also obtained planning permission for the construction of the 114-unit residential scheme which it sold to Chesser Developments, a company led by New City Vision owner Harry O\u2019Donnell. Through funding secured by the Scottish Futures Trust, this component of the project will produce 80 affordable one-, two- and three-bedroom rental apartments. It will also bring a mix of 34 two-, three- and four-bedroom semi-detached and terraced homes which will be available for private sale.<\/p>\n<p>The new development is expected to create a significant number of construction jobs, as well as permanent jobs within the upcoming retail complex.<\/p>\n<p>\u201cThese agreements mark a successful conclusion to RBS\u2019s involvement in this project and effectively allow us to bring this prominently situated brown-field site in Edinburgh back to life,\u201d James Rowney, head of Real Estate Asset Management (GB) at RBS said in a news release. \u201cWe are particularly pleased that, working with our partners Ediston, we have been able to bring 114 much needed new homes to the area, 70 percent which are affordable units for rent, and that these will sit alongside a largely pre-let retail park which will deliver employment opportunities to the local community.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RBS has partnered with Ediston Real Estate on the conversion of the former fruit market site in Edinburgh.  <\/p>\n","protected":false},"author":952,"featured_media":1004120163,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,16,21752,21742],"tags":[],"class_list":["post-1004120162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-international","category-mixed-use","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>International: RBS, Ediston Team on Mixed-Use Project - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International: RBS, Ediston Team on Mixed-Use Project\" \/>\n<meta property=\"og:description\" content=\"RBS has partnered with Ediston Real Estate on the conversion of the former fruit market site in Edinburgh.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-05-27T14:24:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-05T16:33:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png\" \/>\n\t<meta property=\"og:image:width\" content=\"369\" \/>\n\t<meta property=\"og:image:height\" content=\"242\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Anna Spiewak\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/\"},\"author\":{\"name\":\"Anna Spiewak\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"headline\":\"International: RBS, Ediston Team on Mixed-Use Project\",\"datePublished\":\"2015-05-27T14:24:27+00:00\",\"dateModified\":\"2022-12-05T16:33:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/\"},\"wordCount\":337,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/05\\\/Edinburgh-West-Retail-Park.png\",\"articleSection\":[\"Development\",\"International\",\"Mixed Use\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/\",\"name\":\"International: RBS, Ediston Team on Mixed-Use Project - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/05\\\/Edinburgh-West-Retail-Park.png\",\"datePublished\":\"2015-05-27T14:24:27+00:00\",\"dateModified\":\"2022-12-05T16:33:44+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/05\\\/Edinburgh-West-Retail-Park.png\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/05\\\/Edinburgh-West-Retail-Park.png\",\"width\":369,\"height\":242},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"International: RBS, Ediston Team on Mixed-Use Project\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/1bbb99675c2609ea2e6792f8b25d7b76\",\"name\":\"Anna Spiewak\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g\",\"caption\":\"Anna Spiewak\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/annaspiewak\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"International: RBS, Ediston Team on Mixed-Use Project - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/","og_locale":"en_US","og_type":"article","og_title":"International: RBS, Ediston Team on Mixed-Use Project","og_description":"RBS has partnered with Ediston Real Estate on the conversion of the former fruit market site in Edinburgh.","og_url":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2015-05-27T14:24:27+00:00","article_modified_time":"2022-12-05T16:33:44+00:00","og_image":[{"width":369,"height":242,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png","type":"image\/png"}],"author":"Anna Spiewak","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/"},"author":{"name":"Anna Spiewak","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76"},"headline":"International: RBS, Ediston Team on Mixed-Use Project","datePublished":"2015-05-27T14:24:27+00:00","dateModified":"2022-12-05T16:33:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/"},"wordCount":337,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png","articleSection":["Development","International","Mixed Use","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/","url":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/","name":"International: RBS, Ediston Team on Mixed-Use Project - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png","datePublished":"2015-05-27T14:24:27+00:00","dateModified":"2022-12-05T16:33:44+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png","width":369,"height":242},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/international-rbs-ediston-team-on-mixed-use-project-in-edinburgh\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"International: RBS, Ediston Team on Mixed-Use Project"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1bbb99675c2609ea2e6792f8b25d7b76","name":"Anna Spiewak","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ca81c045f3cbec45b685f13082ecf7d9870a1909fe3ec2d4d15b1dea4897f406?s=96&d=mm&r=g","caption":"Anna Spiewak"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/annaspiewak\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/05\/Edinburgh-West-Retail-Park.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004120162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/952"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004120162"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004120162\/revisions"}],"predecessor-version":[{"id":1004531274,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004120162\/revisions\/1004531274"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004120163"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004120162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004120162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004120162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}