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Former RBS HQ to become luxury serviced apartments

28 July 2016 by
Former RBS HQ to become luxury serviced apartments

The former headquarters of the Royal Bank of Scotland on St Andrews Square, Edinburgh, is to be transformed into luxury serviced apartments.

Following a major renovation of the Neo-Classic building built between 1936 and 1942, Edinburgh Grand - operated by Lateral City Apartments - will open in summer 2017.

The building will feature a 200-cover bar and restaurant in the former banking hall, a coffee house and late night entertainment venue operated by Bon Vivant, gym and retail outlets.

Much of the original details of the property, which is being developed by the Chris Stewart Group, will be retained, including marble columns and fireplaces, wood panelled walls and bronze balustrades.

Lateral City currently operates two other serviced apartment properties in Edinburgh - Old Town Chambers and Merchiston Residence.

Gavin MacLennan, general manager of Lateral City Apartments, said the company is new to the market, but has already established itself at the higher end of the serviced apartment sector.

"42 St Andrew Square is a building full of history and heritage, and after years of being closed off to the public, we are extremely excited to be working on what will become the pride of the city when complete."

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Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

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