Goodstone Living has agreed to €76.6 million ($81.28 million) of debt financing with Natwest for the development of its next generation build-to-rent residential community in Edinburgh, Scotland.
The waterfront scheme, branded as Dockside, will have panoramic views and accommodate at least 338 homes and resident amenity space including rooftop lounge and dining, co-working areas, and a fitness center; as well as more than one acre of public realm space to promote resident and public wellbeing.
Goodstone’s specialist development team has re-engineered the project that was acquired last year to fully electrify the scheme with an air source heat pump in each apartment – future proofing the scheme for when the electricity supply grid is decarbonized. This major change will help reduce operational carbon emissions by up to 55 percent compared with the standard set out in Part L of the Building Regulations. The Goodstone team is also targeting a 30-percent reduction a
