UNIVERSITY ABANDONS STEAD'S PLACE PROPOSAL
Edinburgh University has abandoned its involvement with Drum Property Group’s controversial proposal to develop student accommodation, a hotel, and shops on and around Stead’s Place.
The news emerged in a series of briefings with local politicians and stakeholders (including the Save Leith Walk Campaign) on Friday.
A University spokesperson today confirmed: ‘The University has kept a close interest in the proposed plan for Stead’s Place and, after giving it careful consideration, has decided not to pursue that interest any further.’