The Edinburgh Marina project, which will be the focal point of Granton Harbour’s regeneration, is believed to be the first new Marina next to a capital city in Europe for several decades, providing a major boost to inward investment in Edinburgh of over £300 million.

The development will deliver new homes for over 4,000 residents as well as local employment opportunities for up to 800 people, whilst the new masterplan provides for improved marine services, including a community boatyard and improved facilities for the Royal Forth and Forth Corinthian yacht clubs.

Designed by Wilson Gunn Architects from Glasgow, the project will include a conference & spa hotel providing 123 beds, as well as almost 9,000 square metres of retail space.

The revised scheme also makes provision for the proposed new transport facilities in the area, including the extension of the tram service.

A spokesman for the developers, Granton Central Developments Limited, said: “We are thrilled that consent has now been granted for the revised masterplan, due in part to the fantastic support of the local community who we would like to thank for their ongoing support. This is a wonderful Christmas present for the people of Granton, who have been forced to live for far too long with Granton Harbour in its current state. We’re very excited to start working towards bringing Granton Harbour to life.”