Developer Moda Living has been granted planning permission for the final phase of the Springside scheme, which will see a six-storey building constructed overlooking Dundee Street and Drysdale Road. The development, Block E, will include 139 high quality apartments designed exclusively for rent, ranging from studios to three-beds in size with ground floor amenity space including a lounge and co-working space.
When complete, this final phase will see Springside offer 476 homes with 13,000 sq ft of internal amenities, including communal lounges, health and wellbeing facilities plus roof terraces and a private dining room with unique views of Edinburgh Castle, as well as fully managed communal gardens.
It will also include 15,000 sq ft of ground-floor retail and leisure space, which will be centered around the new landscaped public squares.
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Future Springside residents will benefit from a tech-enabled, hotel-style approach to service, with a round-the-clock on-site concierge and bespoke MyModa app allowing Moda customers to do everything from quickly report faults to organising events with fellow residents. Moda is pet friendly, has a zero-deposit policy, with no service charge, enhancing the affordability for residents.
Tony Brooks, co-founder and managing director at Moda Living, said: "Our mission is to create happy, healthy and connected communities and raise the bar for renting each city we're in and planning approval for the last phase of Springside brings us one step closer to changing how people rent in Edinburgh.
"We are committed to delivering this landmark scheme despite the current political climate as it provides much needed high quality rental homes that will help support the city's long-term growth and further encourage employment and student retention."
Springside is Moda and Apache Capital's second scheme in Scotland, with the JV having purchased the former Strathclyde Police headquarters in Glasgow in October 2016. The £122m development will see the complex transformed into 433 rental apartments coupled with generous on-site amenity areas and new commercial space. Demolition works are currently underway, with start on-site due early next year as well.
Moda aims to be on-site at Springside by the start of next year, creating up to 400 jobs during construction as well as up to 20 full-time staff from the on-site Moda management team and new retail premises.
(CM/JG)
