We were first appointed by the City of Edinburgh of Council in 2010 to deliver a world-class privately funded solution for the Old Royal High School following the winning of the formal design competition. And it is now clearer than ever that Edinburgh and Scotland will benefit from our proposals.
Since our agreement was ratified by the relevant Council committees in 2014, we have continued to invest significant time, effort and resources into our proposals. We have listened to a wide range of stakeholders, local interests and heritage experts, and taken their views on board – with heritage and conservation central to our plans.
Our proposal not only protects and promotes the prominence Hamilton’s centrepiece building but is also underpinned by a viable, long-term investment plan to maintain it for the first time as an accessible part of the city’s living and breathing heritage, and bringing a truly world-class brand to Scotland.
Summary of Benefits
– Under our proposals, The Old Royal High School will be transformed into a spectacular and accessible entry point and central focus for the new privately-funded £75 million Rosewood Hotel. It will welcome guests and visitors alike with its renowned hospitality, food and drink – including cafes, restaurants and public art spaces.
– At its centre, will be the magnificent Hamilton Building, designed by celebrated architect Thomas Hamilton in 1826. The building, which has been in a state of disrepair for the last 40 years, will be restored to its former glory and be an accessible and largely unaltered centrepiece for the Rosewood Hotel.
– This is a building which has been publicly owned since 1829 but never publicly accessible. The Rosewood Hotel development plan will change this, and create a long-lasting visible legacy that exists on a world stage, to be enjoyed and experienced by everyone living in or visiting Edinburgh.
– The Rosewood Hotel will become a destination in its own right, regenerating the Calton Hill area of Edinburgh, acting as a landmark focal point for visitors and become an important part of the overall regeneration of Edinburgh’s Eastern Quadrant including the St James Quarter and the Waverley Valley.
– It is anticipated that 250 direct full-time jobs for the city will be created by the Rosewood hotel development, as well as supporting 590 additional jobs in the wider supply chain, particularly in the food & drink and tourism sectors.
– In total the project is expected to generate £35.1 million in gross domestic product annually for Scotland’s economy, sufficient to support 850 jobs on average throughout that period and to generate £13.3 million in taxation annually. (Source Oxford Economics, Economic Impact Assessment 2017).