£10m homes plan boosts Craigmillar regeneration

THE regeneration of the Craigmillar area is set to move forward after the city council agreed to sell a key site that will allow a housing development to get under way.

Council chiefs have reached agreement to sell their "Wauchope 2B" site to Cruden Homes. A total of 93 homes will be built as part of the 10 million development, with work due to start next month.

The site was originally due to be developed by the city's "arms length" developer Parc, which had to be bailed out by the council because of the impact of the economic downturn.

In a report for councillors, Dave Anderson, the council's director of city development, said: "Parc's financial position continues to improve, with a number of recent land sales. These developments are expected to create a more balanced mixed tenure neighbourhood.

"Parc is increasingly acting as a facilitator for private-sector developers rather than directly delivering sites itself."