TIAA Henderson Real Estate’s £850m Edinburgh St James development is one of the biggest mixed-use regeneration projects currently underway in the UK. On completion, Edinburgh St James will comprise 93,000 sq m of prime retail, food and leisure space and will be anchored by John Lewis. It will include one high-end hotel, up to 250 new homes and will generate up to 3,000 permanent jobs.
Edinburgh St James will strengthen Edinburgh’s reputation as a vibrant and leading capital city, extend the city centre’s retail pitch and help Edinburgh rise six places in the UK retail rankings to seventh.
As a World Heritage site with solid transport links and a tourism trade second only to London, generating spend of £260m each year, Edinburgh St James will put Edinburgh on the international map as a global retail and leisure destination.
Cushman & Wakefield is advising the developer.