Plans have been submitted to demolish two office blocks in the Scottish capital to be replaced with homes and businesses.
Scott Hobbs Planning has submitted the Proposal of Application Notice for the "demolition of existing building and erection of mixed-use development including residential, office, retail and café/restaurant uses, at 108-114 and 116 Dundas Street, Edinburgh".
It has been submitted on behalf of MMMARS Dundas Limited, in what it described as a "major development".
Further details are expected ahead of an online public consultation due to run from October 26 to November 13.
Last October two families who split their joint business nearly 80 years ago were reunited to make the £10 million acquisition of the New Town properties.
READ MORE: Families reunite to acquire £10m Edinburgh office block
Mactaggart & Mickel, the fourth-generation family-owned property and housebuilding company, linked up with Mactaggart Family & Partners after first being joined from 1925 until 1943 as Mactaggart & Mickel, before the latter became entirely a Mickel family concern.
The other investors in the joint venture were said at the time to be Edinburgh-based Rennick Property and Millard Estates Ltd.
The acquisition included the adjacent offices on the corner of Fettes Row and Dundas Street, known as Centrum House and Bupa House. The buildings sit opposite the former Royal Bank of Scotland site, where the development of homes, shops and offices is planned.
Supermarkets and their shoppers are facing around £3.1 billion in tariffs on food and drink each year unless the UK reaches a free trade deal with the EU, a leading trade body has said.
The British Retail Consortium (BRC) said retailers will have "nowhere to go other than to raise the price of food" to mitigate the tariffs if there is no deal before Christmas.
READ MORE: Working from home fails to stem ‘critical’ need for new offices in Glasgow
It said many non-food retailers will also face "large tariff bills" for EU-sourced products, increasing the cost for struggling shops and their customers.
Andrew Opie, director of food and sustainability the BRC, said: "UK consumers have benefited from great value, quality, and choice of food thanks to our ability to trade tariff-free with the EU.
"Unless we negotiate a zero-tariff deal with the EU, the public will face higher prices for their weekly shop.
"This would prevent harm to shoppers, retailers and the wider economy."
Parcel carrier Yodel is to recruit almost 3,000 workers as it gears up for the busiest festive period in recent history.
The new roles include 2,500 self-employed and 450 employed positions, including couriers and parcel sorters at all of the firm's 50 locations across the UK.
READ MORE: Analysts highlight challenge facing North Sea oil and gas firms
The recruitment drive is in response to the demand for online retail, which has increased dramatically during 2020 as a result of the virus crisis.
Official figures have shown internet purchases made up a third of total retail sales during May, a record high, and have remained significantly above pre-lockdown levels since.
Yodel said the trend is expected to continue in the winter months as social distancing restrictions remain in place.
Chief executive Mike Hancox said: "The ongoing growth in online retail is set to continue into the festive season as consumers flock to buy gifts.
"We're expecting this peak period to be higher in intensity and longer in duration than ever before as people look to prepare for Christmas earlier."
You can now have the bulletin and the top business news stories sent direct to your email inbox twice-daily for free. Tick Business Bulletin AM edition and Business Bulletin PM edition, and Business Week for the weekly round-up on Sunday, in the newsletters section here to sign up:
https://www.heraldscotland.com/my/account/register/
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article