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Last Updated: Monday, 24 October 2005, 12:38 GMT 13:38 UK
New plan to polish retail 'jewel'
Princes Street
Princes Street will undergo a facelift to improve the shopping area
A plan has been unveiled to give a facelift to one of Scotland's most famous shopping areas in the centre of Edinburgh.

Called "Inspiring Action", it will promote the selective redevelopment of Princes Street over the next decade.

This includes increasing retail space on the main thoroughfare and Rose Street and enhancing adjoining streets.

AM Development UK has been chosen to represent the commercial property sector in the project.

AM's function will be to test the commercial viability of redevelopment options and to gather opinions from property owners and tenants about their aspirations and needs.

Agencies' plans

The proposals form part of the updated Edinburgh City Centre Action Plan, which has been released by Edinburgh City Centre Management, the city council, Scottish Enterprise Edinburgh and Lothian and Edinburgh World Heritage Trust.

Inspiring Action brings together a number of projects that are being progressed by each of the agencies involved and other partners.

These include:

  • Considering ways to deliver new retail floor space across the city centre
  • Enhancing city centre streets, creating more pedestrian areas
  • A pilot high capacity underground car park installed by the end of 2007.

Traffic congestion has caused problems for retailers in the centre of Edinburgh, which faces competition from Glasgow where Buchanan Street has become a thriving area for designer outlets.

Rose Street
Rose Street will also be part of the facelift plan

Gordon Reid, chief executive of Edinburgh City Centre Management, said it was a "special place" with a setting, views and attractions that could not be matched anywhere in the world.

Council leader Donald Anderson said: "We have spent the last few years filling in the city's many long-standing gap sites and now we are looking at re-energising parts that aren't working for us commercially and architecturally.

"By providing the floor space the big names demand and great public spaces for people to relax in, we will provide an even better experience for residents, shoppers and visitors."




BBC NEWS: VIDEO AND AUDIO
Drive to "re-energise" capital's retail services



SEE ALSO:
Longer parking to help city shops
11 Oct 05 |  Scotland
Planners to quiz city shoppers
17 Aug 99 |  Scotland


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