A proposal, drawn
up by architect Malcolm Fraser, was put forward by Edinburgh City Centre
Management Company, on 13 March 03. The proposal was that fifteen of
the lower quality buildings in Princes Street should be demolished and
replaced by new shopping centres and luxury flats.
has the support of the heritage body, The Cockburn Association.
However, if it is to proceed, even partially, it will need the agreement
of the existing owners of the properties, and will need to be funded.
Edinburgh Evening News:
March15, 2003, p.11.
Edinburgh City Centre Management Company (ECCMC) has prepared a master plan for
Princes Street in which they suggest that British Homes Stores, Marks &
Spencer, the Mount Royal Hotel above M&S and the modern section of
Jenners should be demolished and replaced by new department stores
extending back to Rose Street, possibly with luxury flats above.
These proposals are similar to proposals drawn up
earlier by the heritage watchdog, the Cockburn Association, working with
the architect Malcolm Fraser.
Herald & Post: November
2004 - page 5.
Will it Happen?
In an article in the Edinburgh Evening News in
November 2005, Robbie Douglas Miller
criticised ECCMC's expenditure of £400,000 on plans for Princes Street
since 2001. He expressed the view that their plans were unlikely to
happen because Edinburgh Council does not own the buildings concerned and
does not have the cash to buy them.
Gordon Reid said, on behalf of ECCMC said that
there had been informal high level talks with owners of Princes Street
ECCMC is a company set up by Edinburgh City
Council to improve Edinburgh city centre.
Robbie Douglas Miller's family own the Mount
Royal Hotel and until recently owned Jenners' department store.
Edinburgh Evening News>
November 29, 2005 - pp.4-5.
The upper floors of the former Burger King
burger bar at the corner of Castle Street and Princes Street is due to
be put on the market at the end of January 2006, for £1.5m with planning
permission for conversion into five two-bedroom apartments.
Much of the accommodation in the upper floors in
Princes Street (where several of the early photographers had studios in
the mid-C19) is under-used, so further conversions to apartments might be
expected in the future.
The Sunday Times,
January 15, 2006: p.18