Item No. 7.10 Former North British Rubber Company Building 1

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    Finance and Budget Committee

    10.00am, Thursday, 21 March 2013

    Former North British Rubber Company Building,

    Gilmore Park/Fountainbridge Road:

    Proposed Disposal

    Links

    Coalition pledges P17

    Council outcomes C07

    Single Outcome Agreement S01

    Item number

    Report number

    Wards 9. Fountainbridge/Craiglockhart

    7.10

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    Executive summary

    Former North British Rubber Company Building,

    Gilmore Park/Fountainbridge Road:

    Proposed Disposal

    Summary

    Edinburgh Printmakers has outgrown its existing building which is leased from the

    Council in Union Street and is seeking a new location within Edinburgh to create a

    sustainable major arts facility. As reported to the 21 February meeting of the Finance

    and Budget Committee, the proposed Arts Hub which was to be developed at 4-8

    Market Street, and would have housed Edinburgh Printmakers, is not considered to be

    feasible. An alternative site is required.

    With assistance from EDI, Edinburgh Printmakers (EP) has now identified the former

    North British Rubber Company (NBRC) factory building, a category C listed vacant

    building on the corner of Gilmore Park and Dundee Street, as a possible new venue.

    The building sits within the 11.5 acre site which was acquired by the Council to develop

    the new Boroughmuir High School and would offer greater benefits than the site in

    Market Street and several other options. Access for loading and unloading is better, it

    will be possible to install a purpose-built heavy goods lift; and the building is big enough

    for EP to implement its vision for a combined cultural visitor attraction and community

    amenity, while making active use of the neighbouring canal. The building is shown

    hatched on the attached plan.

    The remainder of the site will be developed for mixed use and a masterplan for the site

    is currently being prepared (using the title Fountain Quay as it is bordered on one side

    by the Union Canal). The Community Consultation phase identified the need for an arts

    presence as part of the wider development.

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    The Heads of Terms will be structured so as to protect the wider vision of the Fountain

    Quay masterplan.

    Recommendations

    Committee is recommended to:

    1. Authorise the Director of Services for Communities to enter into exclusive

    detailed discussions with Edinburgh Printmakers to agree Heads of Terms for

    the purchase of the former North British Rubber Company Building; and

    2 Note that a further report will be submitted to the Committee in June that will

    provide the details of the agreed Heads of Terms for approval.

    Measures of Success

    A listed building will be brought back into use through community involvement. This will

    provide a focus on the arts and employment opportunities in the area. It will also allow

    the development of an important component of the wider masterplan for the

    Fountainbridge site.

    Financial impact

    A capital receipt will be obtained in 2014. The sale of a listed building will remove a

    potential long term repairing liability from the Council.

    Sustainability impact

    The sale will allow an important arts provider within the city to establish a world classcentre which will have a positive impact on the right to productive and valued activities.

    EPs vision for the new venue includes specific action to target hard to reach sections

    of the community, to encourage participation by all ages and groups.

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    Background reading / external references

    Location plan attached as Appendix 1.

    Mark Turley

    Director of Services for Communities

    Links

    Coalition pledges P17 - Continue efforts to develop the citys gap sites andencourage regeneration

    Council outcomes CO7 - Edinburgh draws new investment in development andregeneration

    Single Outcome

    Agreement

    SO1 Edinburghs economy delivers increased investment, jobs

    and opportunities for all.Appendices Location plan attached

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