The firm has kicked off construction at its Royal Meadows development which will see eight townhouses and 85 apartments carefully created both in and around the B Listed former hospital building and its surrounding streets.

The four-acre site sits directly opposite The Meadows, one of Edinburgh’s best-known landmarks, and lies between Sciennes Road and Rillbank Crescent.

Euan Marshall, co-founder and joint managing director at Square & Crescent, said: “To get to this stage of the process with Royal Meadows is a pinch-yourself moment for us at Square & Crescent.

“Most Edinburgh parents, at one time or another, have had to take a trip to the Royal Hospital for Sick Children so we are proud to have an opportunity to respect its history by carefully restoring the recognised building.

“We’re certain that with Royal Meadows, we are going to do this famous building justice by giving it a brand new purpose and offering up a wonderful place to live.”

Nestled in the heart of Marchmont and The Grange area of Edinburgh, the Royal Meadows site is well-connected – just one mile from Princes Street and a two-minute walk from Lothian Road.

With work now underway in what will be a three-year build process at Royal Meadows, the site’s sales suite is set to launch in late summer this year, with full completion targeted for the end of 2025.

Simon Cook, co-founder and joint managing director, added: “From early identification of the site, we knew it had all the makings of an incredible development that will preserve an important landmark in the city.

“To have spades in the ground at Royal Meadows is definitely a milestone moment and we can’t wait to watch the site grow and develop.”