Three private organisations, including Edinburgh Zoo, are among groups understood to have expressed an interest in taking over Gorgie Farm.
The much-loved urban farm - one of the last left in Scotland - announced recently it would have to close due to rocketing operational costs and a lack of funding.
Operators Love Learning have run the three-acre council-owned site since 2019 but will now walk away, with the farm set to close its doors to the public on Monday (January 16).
READ MORE: Edinburgh LOVE Gorgie Farm confirm closing date as adored attraction winds down
However, there is hope for the valued community space which holds pigs, ducks, sheep and a range of other animals, as the council confirmed that "a number of organisations" have come forward to express an interest in its future running.
It is understood these include Edinburgh Zoo, Five Sisters Zoo and East Links Family Park.
The Save Gorgie Farm Campaign was set to hold a meeting on Wednesday night (January 11) to discuss the way forward.
And Council leader Cammy Day said he would meet with interested parties in the coming days to "hear exactly what they have to say and their ideas for the site".
Cllr Day added the local authority would also "look to see if there is any way of keeping the animals on site until a decision is made on its future".
But the level of funding required to save the farm from closing for good is unlikely to be met by the council.
"The council is weeks away from setting a budget that's being cut by £70 million by the SNP-Green government," Cllr Day continued.
"So all the directors are struggling to fund their current priorities.
"We're not saying the council might not put something in - of course we'll play our part. What we couldn't commit to is providing hundreds of thousands of pounds to any project in the city because of the dire financial situation the council finds itself in as the lowest funded council in Scotland."
He added there were some "interested donors" who could help, alongside plans to set-up a crowd funder.
Gorgie councillor Ross McKenzie said "only the council" could rescue the farm in the short-term and added any proposals to run it as a "commercial endeavour" would "not be acceptable to the ward councillors or the community".
"We will not be forgiven if we allow it to slip away," he said.
"It's vital that any new operator is committed to the values that Gorgie Farm has operated under for the past 40 years - it is a community space, an educational space, and a place where people can come to breathe and take break from urban life.
"It will be challenging to make the farm sustainable on this model, but that's a challenge that the council has to rise to.
"The public response to the news that LOVE intend to close the farm has been overwhelming. If any of Edinburgh's elected representatives had any doubt about the social value of Gorgie Farm then the correspondence they have received over the past week will have put them right."
READ NEXT:
- New Edinburgh city centre short-term lets approved despite crackdown pledge
- Controversial Edinburgh student flats plan delayed for public hearing
Edinburgh teachers strike demands 10% pay rise 'to stop us getting poorer'
- Former Edinburgh councillors face standards commission over Portobello ‘road rage hotspot’
Failed Edinburgh Eurovision bid reveals event would have cost city almost £18m
