News Release
October 14th 2022
News Update – October 2022
New Tenants Unveiled for Drum’s Refurbished ‘Red Sandstone’ Building
‘Eclectic’ Range of Independent Traders Herald Transformation of
Landmark Leith Building
One of Edinburgh’s most famous streets is set to be significantly revitalised by an exciting range of independent retail businesses which are due to be opening their doors during the next few months.
Drum Property Group has unveiled a host of new tenants for its refurbished ‘Red Sandstone’ building which extends from 106 to 154 Leith Walk.
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July 6th 2022
– News Release –
Drum Property Group Starts Construction at Stead’s Place, Edinburgh
Edmond de Rothschild Real Estate Management to Forward Fund First Phase of 110 Build-to-Rent Apartments
Drum Property Group’s ambitious vision for the long-awaited redevelopment of a key site on Leith Walk, Edinburgh, will soon be realised with on-site construction starting in July 2022.
Drum’s ambitious proposals for Stead’s Place, near the foot of Leith Walk, were approved by the City of Edinburgh Council in 2021 heralding a major regeneration of the 2.9-acre site and bringing much-needed investment to this important part of the city.
The Stead’s Place site has been earmarked for development by the Council since 2008 and consisted largely of an aged industrial estate and office space, together with a two-storey red sandstone building facing directly on to Leith Walk.
With refurbishment of the red sandstone building nearing completion, Drum has cleared the Stead’s Place site to the rear and, in the first phase of construction, will build 110 high-quality build-to-rent apartments for Edmond de Rothschild Real Estate Investment Management (REIM), who have agreed to forward-fund the development. The apartments will be completed by spring 2024.
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March 6th 2022
Stead’s Place News Update – March 2022
Ground Survey and Demolition Works
Drum Property Group is now starting a full refurbishment programme of the red sandstone building on Leith Walk, having commenced survey and demolition works to the rear of the development site at Stead’s Place in October 2021.
The initial works on Stead’s Place are likely to last until the end of April, prior to construction
starting late summer 2022. The site is now closed to all vehicular traffic – apart from required site
traffic and the delivery of demolition and construction plant. As a result, the site has now been
fenced off for both security and health & safety purposes and will remain so until the demolition
and construction works are complete. The current schedule of works is as follows:
Stead’s Place
• March to mid-April 2022: completion of the breaking up and crushing of the existing ground floor slab
• April to July 2022: archaeological digs
• July 2022: enabling works for the main site
• September 2022: main construction works commence
Red Sandstone Building
• Renovation to the red sandstone building has begun and will continue until August 2022.
• The contractor, Clark Contracts, has a compound set up for the duration of these works and the majority of the works for this building are internal.
We thank all residents and neighbours for their patience and cooperation as these essential works are completed.
For any enquiries please contact info@steads-place.com
June 10th 2021
Planning Update – June 2021
Drum Property Group’s Leith Walk Proposals Get Planning Green Light
148 New Apartments and Refurbishment of Retail Building Set to Bring ‘Much Needed Investment’ to Leith Walk Site
Drum Property Group’s vision for the long-awaited redevelopment of a key site on Leith Walk is to become a reality following the granting of planning consent.
Drum’s ambitious proposals for Stead’s Place, near the foot of Leith Walk, were approved by the City of Edinburgh Council on Wednesday (June 2), heralding a major regeneration of the 2.9-acre site bringing much-needed investment and interest to this important part of the city centre.
The Stead’s Place site has been earmarked for development by the Council since 2008 and consists largely of an aged industrial estate and office space, together with a two-storey sandstone building facing directly on to Leith Walk.
December 29th 2020
– News Release –
New Planning Application Submitted
Drum (Steads Place) Ltd and CAMVO 123 Ltd has now submitted a Planning Application to the City of Edinburgh Council for the redevelopment of the 2.9-acre Stead’s Place site, near the foot of Leith Walk.
Drum’s revised proposals will replace existing industrial units with 146 high-quality apartments as part of an attractive landscaped residential scheme linking to Pilrig Park and beyond. The Planning application follows a successful six-month consultation programme for the revised plans, including two major online surveys as well as direct contact with local groups and people. Almost three-quarters of those consulted either supported or were neutral about Drum’s revised plans, with more than 80% saying that the site should now be developed.
November 5th 2020
– News Release –
Drum to Exhibit Revised Proposals for Leith Walk Site
On-line Consultation Launched 5 to 19 November
Drum Property Group is launching an online exhibition on Thursday (November 5th) presenting updated plans for the redevelopment of the 2.9-acre Stead’s Place site, near the foot of Leith Walk.
The exhibition is the second online public consultation event that Drum has hosted in support of a Proposal for Application Notice (PAN) submitted to the City of Edinburgh Council. An initial online consultation event was launched in July 2020.
July 24th 2020
– News Release –
Drum Launches Online Consultation for Stead’s Place Development
Interactive Website for Leith Walk Site Live on Thursday 30 July
Drum Property Group has launched an online public consultation seeking views on a Proposal of Application Notice (PAN) submitted to the City of Edinburgh Council for the redevelopment of the 2.9-acre Stead’s Place site, near the foot of Leith Walk
The interactive online consultation will be launched on Thursday (30th July), following the latest Scottish Government guidance on public consultation reflecting the current restrictions in public gathering imposed by the coronavirus lockdown.
