Goodstone Living has agreed £67m of debt financing with NatWest for its build-to-rent development in Edinburgh.
The Dockside site should consist of at least 338 homes, including including a rooftop lounge, co-working areas and a fitness centre; as well as more than an acre of public realm space.
Goodstone’s development team has re-engineered the project that was acquired last year to electrify the scheme with an air source heat pump in each apartment. This should help reduce operational carbon emissions by up to 55%, compared with the standard set out in building regulations.