Block E, a six-storey building that will overlook Dundee Street and Drysdale Road, will include 139 high-quality apartments designed exclusively for rent, ranging from studios to three-beds in size with ground floor amenity space including a lounge and co-working space.

In total, Springside will provide 476 homes with 13,000 sq. ft. of internal amenities, including communal lounges, health and wellbeing facilities plus roof terraces and a private dining room with unique views of Edinburgh Castle, as well as fully managed communal gardens.

Moda Living, a leading developer and operator of homes for rent, and joint venture partner Apache Capital purchased the Springside site, which included 48 existing homes, in March 2017 from Grosvenor Great Britain and Ireland, one of the world’s most prestigious property companies.

Moda aims to be on-site at Springside by the start of next year, creating up to 400 jobs during construction as well as up to 20 full-time staff from the on-site Moda management team and new retail premises.

Richard Jackson, co-founder and managing director at Apache Capital Partners, said: “Planning permission for the final phase of Springside builds on a year of progress with our build-to-rent pipeline with Moda and will allow us to deliver much needed high-quality rental housing in Edinburgh close to the city centre on a key regeneration site.”