Blog: Beyond the Waterfront
As the £1 billion development of Dundee’s Waterfront area continues, Derek Petrie, a property expert at law firm Lindsays, wants to shine the spotlight on the regeneration taking place throughout the rest of the city and the wider region.
The stream of news from Dundee’s Waterfront is gathering pace as the 2018 opening of the V&A Dundee draws closer. With a steady drip of news about road openings, development partners, even the appointment of the V&A’s catering operator, it is not surprising that so many eyes are on the Waterfront.
It is gratifying that these developments are being noticed, and not just locally. But it is also unfortunate that the focus on the Waterfront sometimes obscures what else is happening in terms of new-build development and regeneration across wider Dundee. Without detracting from the importance of the Waterfront, it is worthwhile looking north, east and west to absorb – and celebrate – the new-build activity across Dundee and Tayside.
The city-wide turnaround in Dundee’s new-build market is not an overnight phenomenon. As with any developments, there has been a lengthy process of site acquisition, infrastructure development and planning applications before any construction takes place. But we are now seeing a wide range of developments come to fruition, from affordable housing to top-end houses and apartments. All these developments attest to the city’s appetite for growth – from the regeneration ambitions of the council to the growth ambitions of local builders and developers.