The detailed report suggests the economic
windfall for the surrounding community
would be delivered in three distinct areas
- construction benefits, local community
benefits and local authority revenue
benefits. Philip added: “We’re delighted to be
investing in Edinburgh and believe our
plans will have a positive effect not only by
renovating a building of local importance
but also by improving infrastructure for the
existing community.
It spans a total of 2.18 acres with the
apartments ranging from 767 sqft to 1,701
sqft and set to launch in early 2020. Operational benefits from the work include
an estimated £570,000 spent by buyers
making their house ‘feel like a home’ by
adding their own touches with another
£1.75m likely to be spent in local shops. “Our track record in the area shows that
by engaging with the local contractors and
community throughout the design process,
we are able to translate our building projects
into significant investment in the local area.”
Respected independent consultancy,
Lichfields, examined CALA’s proposal in
detail and assessed the ripple effect they
would deliver in terms of employment
opportunities and an increase in money
spent at local businesses. The report also states that 30 full-time jobs
will be created in the local area as a result of
increased expenditure from those moving to
CALA’s development. For further information visit
www.cala.co.uk
The former school was an innovative
design by renowned architect John
Alexander Carfrae. One of the first buildings
in Edinburgh to utilise steel frame for
architecture, the building was constructed
between 1911 and 1914 and is a Grade B
listed building.
www.refurbandrestore.co.uk - 39