New hotel development for Edinburgh Haymarket

Hotel News - 04/04/2013

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Officials have announced a major hotel development project to take place in Edinburgh’s Haymarket in the coming months.

According to a BBC report published on Wednesday, the project will see the construction of a 17-storey hotel property adjacent to Haymarket station, in addition to a number of shops and offices. The project comes at an estimated cost of about £200 million and its launch follows a series of delays.

Chief executive Adrian Ringrose of Interserve, the company spearheading the development, told the media that the Haymarket area is one of the UK's best city-centre development sites. He added that the development would bring a “strategic gateway” to the area that would seamlessly link the new Edinburgh tram network with one of the busiest rail stations in Scotland.

Similarly, Simon Fox, who heads Interserve’s development partner Tiger Developments, told the media that his organisation has already attracted the attention of a number of retail firms and UK hotel operators. He added that Tiger has dedicated “a significant amount of time” to the proposal and has finally tabled the best design for the project.

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