Mid Market Rent is designed to help people on low and modest incomes access high quality affordable rented accommodation who may have difficulty accessing social rented housing or buying their own home. Preference in the allocation will be given to:
In general, families and individuals applying and being considered for Mid Market Rent will be considered subject to meeting a combination of the following criteria:
98 Social Rent Properties
76 Mid Market Rent Properties
75x1 bedroom properties
85x 2 bedroom properties
14x 3 bedroom properties
Start Date: February 2011
Completion Date: August 2013
Contractor: Gladedale Ventures
Architect: Richard Murphy Architects
Development Cost: £25.9m
Quartemile is a high quality and high profile re-development of the former Edinburgh Royal Infirmary site which lies in the heart of Edinburgh. As part of their planning approval the developer had to deliver a proportion of affordable homes within the site. Hillcrest has worked with the developer, Gladedale, to come up with a design solution which is both affordable and high quality that sits well in its “big budget” surroundings.
In total 174 new homes will be delivered at Q10. All of these homes will be affordable and both Mid Rent and Social Rent properties will be available. This site was challenging to deliver but through Hillcrest’s innovative financing approach and grant assistance from City of Edinburgh Council all 174 properties have now been completed.