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'Business hub' plan on site of old brewery

posted 20 Feb 2012, 08:02 by David Rintoul   [ updated 21 Feb 2012, 07:05 ]

A massive expansion to Edinburgh’s financial district is set to be built on the site of Edinburgh’s historic Fountain Brewery – despite it being snapped up for a new school last year.

Council leaders have admitted only a fraction of the land by the banks of the city’s Union Canal will be needed for the new eco-friendly home of Boroughmuir High, in the Fountainbridge area.

The 11.5-acre site – home to a brewery for more than 150 years until its demise in 2005 – had previously been earmarked for a new headquarters building for Bank of Scotland only for the plans to be shelved when the bank had to be rescued a tax-payer-funded bailout and was taken over by the Lloyds Banking Group.