PBSA Development Opportunity - Leith Walk, Edinburgh

Prime PBSA Development Opportunity located on Edinburgh's Vibrant Leith Walk.

JLL are delighted to bring to market The Grainworks, a Purpose-Built Student Accommodation (PBSA) development opportunity located at 24 Manderston Street, Leith Walk, Edinburgh.

The development revitalises an iconic corn mill, located off Leith Walk with excellent connectivity to Edinburgh's Higher Education Institutes. The Grainworks is an exciting 200 bed development, benefitting from Minded to Grant Detailed Planning Permission, subject to Section 75 agreement (in progress).

Excellent Location

Situated in Edinburgh's dynamic Leith area, the 0.56-acre site benefits from connectivity with tram and bus links providing direct access to Edinburgh's city centre and higher education institutes. Edinburgh University Campus, George Square is reachable in 25 minutes by public transport and 13 minute cycle. Leith Walk offers independent cafes, restaurants, breweries and amenities within walking distance.

Development Specification

The consented development transforms a historic corn mill into a sustainable PBSA building featuring:

1. 200 beds (190 cluster en-suites and 10 studios)
2. Premium amenities including roof terrace, Landscaped courtyard garden, outdoor kitchen, lounge areas and social spaces
3. 200 secure cycle spaces and maintenace station
4. Passivhaus (EnerPHit) sustainable design

Sustainability

The development provides the opportunity to achieve leading sustainability credentials to EnerPHit/ Passivhaus certification. The scheme offers up to 80% reduction in operational energy costs while preserving the building's character through reuse of the Mill frame.

Strong Market

Edinburgh's student population of 72,365 is forecast to reach c.85,000 by 2030/2031. in 2025, The University of Edinburgh is ranked 36th globally and 4th best University in the UK.

Contact JLL's specialist team for further details and data room access.