Market Street Hotel Edinburgh, Building Redevelopment, Proposals, Carlton Hotel Collection and EDI, Images

Market Street Hotel, Old Town

Edinburgh Old Town Accommodation Development, Scotland – Buildings + Architects

4 June 2021
New Building Photo
Market Street hotel building Edinburgh Old Town
photo © Adrian Welch

24 Nov 2017
Market Street Hotel
Market Street Hotel Edinburgh
image courtesy of architects
Work on £20m boutique hotel for Edinburgh Old Town gap site reaches ‘topping out’ milestone. Work on building a new £20m hotel on a well-known gap site in Edinburgh’s historic Old Town has reached a crucial milestone with the building reaching its highest point.
Market Street Hotel building news

25 Apr 2016

Market Street Hotel Building

Building work has commenced on a new £20M luxury hotel in the centre of Edinburgh

Carlton Hotel Collection and EDI to deliver four-star hotel on Market Street

Edinburgh’s ambition to provide more luxury accommodation for future visitors received a major boost today, after work started on a new £20m four-star hotel in the city’s Old Town.

The 98 room boutique hotel is the first venture in Edinburgh by European operator, the Carlton Hotel Collection, and is being delivered in partnership with The EDI Group Ltd.

Market Street Hotel

Having received international recognition at MIPIM Future Awards for its innovative design plans to create a building that complements its historic surroundings, the development will transform a key under-used site on Market Street, located next to Craig’s Close, which has remained vacant for more than 50 years.

Situated within the UNESCO World Heritage and Old Town Conservation Area, construction of the hotel also marks the completion of the last remaining gap site on the northern boundary of the Old Town, between Edinburgh Castle and North Bridge.

Due for opening in Spring 2018, visitors to the hotel will be able to enjoy a top floor lounge with panoramic views across the Waverley Valley from Princes Street Gardens to Calton Hill.

Councillor Gavin Barrie, Chair at The EDI Group Ltd, said: “Delivering an outstanding luxury hotel in the heart of Edinburgh’s Old Town is a significant moment for the city’s tourism and leisure industry. The design of the building carefully balances old and new to support the city’s heritage status and we’re delighted that a key under-used site for the city will be brought back into use for residents and visitors to enjoy”.

EDI Market Street Craig Close View: Allan Currie, Senior Contracts Manager from ISG, Lynn Smith, Head of Development – Corporate at The EDI Group, Cllr Gavin Barrie and Eric Adair, Operations and Finance Director at The EDI Group:
Market Street Hotel

Alfred Bree, Managing Director of Hotel Management Int. Ltd. (purchaser) and Carlton Hotel Collection (operator), said: “All of us at HMI and Carlton Hotel Collection are delighted that the construction of the new Market Street Hotel has started. Together with EDI (developer) and all other partners, we have been working very hard to plan and design a very special lifestyle hotel that is unique for Edinburgh.

“The hotel product has been designed by the award-winning interior design company, FG Stijl, with offices in Dubai and Amsterdam. Situated in its historic location, Market Street Hotel will offer 98 design rooms and a one of a kind top floor Penthouse lounge and bar, with spectacular views over Edinburgh.

“The interior design of this hotel will reflect the heritage of the location and will meet all demands of the international modern traveller. All at Carlton Hotel Collection are looking forward to the successful development of this historic site and to welcoming all in Spring 2018”.

Market Street Street View: Eric Adair, Cllr Gavin Barrie, Allan Currie, and Lynn Smith, Head of Development – Corporate at The EDI Group:
Market Street Hotel

Construction services company, ISG, has been appointed as the main contractor for the project.

Andy McLinden, ISG’s Scotland regional managing director, commented: “Our strong hospitality credentials and first-rate reputation for delivering complex schemes in logistically challenging city environments proved highly influential in our appointment to this prestigious project.

“ISG is set to play a key role in transforming the bold vision for this key regeneration site into an outstanding hotel that will set the standards for all future luxury hospitality developments in the city.”

Market Street Street View: Eric Adair, Cllr Gavin Barrie, Allan Currie, and Lynn Smith:
Market Street Hotel

The Carlton Hotel Collection, founded in 1985, is part of Hotel Management International, which owns, operates and manages ten quality four-star hotels in the Netherlands, Belgium, England and Scotland.

For more information on the Carlton Hotel Collection, visit and for further details on the Market Street development visit

EDI Market Street – Councillor Gavin Barrie:
Councillor Gavin Barrie

Market Street Hotel Development Team

About The EDI Group Ltd

Since its inception in 1988, EDI, alongside its joint venture partners, has delivered many award-winning projects, such as Fountainbridge, The Tron and Edinburgh Park. The company has also won a number of masterplanning and architecture awards and commendations, including both the Greendykes and Wauchope Square areas of Craigmillar, demonstrating EDI’s reputation for innovative and high quality developments.

The business also has interests in a number of core long term regeneration projects in Edinburgh including Craigmillar, the Granton Waterfront development and India Quay/Fountainbridge which won Best Achievement in Masterplanning at the Scottish Property Federation 2015.

About ISG Plc

ISG Plc is an international construction services company delivering Fit Out, Construction, Engineering Services and Specialist Solutions, operating in 28 countries worldwide. The company works with owners, developers and occupiers in the public and private sector for an extensive range of industries. ISG was established in 1989 and today the company has a turnover of around £1.6 billion.

1 Mar 2013

Market Street Development

Market Street Information Centre

Market Street Derelict Building
photograph © Isabelle Lomholt, 2014

Market Street Edinburgh

Market Street Edinburgh Building

Fruitmarket Gallery, 29 Market St
Design: Richard Murphy Architects
Fruitmarket Gallery
image courtesy of architects
Fruitmarket Gallery building at south edge of Waverley Station.

Edinburgh Science Centre

Reiach and Hall Architects
Science Centre, Market St, not yet on site (2004)

Buildings close by to Market street:

Scottish Storytelling Centre
Scottish Storytelling Centre
photograph © Adrian Welch

Calton Gate
Caltongate Buildings
building image : ANTA architecture

Scottish Parliament
Scottish Parliament
picture © Keith Hunter

Ocean Terminal

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