Urban Union’s second phase plans for the Pennywell Living development is part of an overall vision with the City of Edinburgh Council to deliver approximately 719 homes in the area.

The latest phase comprises a range of two and three-storey terraced, semi-detached town houses with modern exteriors and three new blocks of apartments, all centred around a village green space.

Work is intended to start on site late 2015 and the first homes will be released for sale early 2016.

Graeme Nicol, managing director of Urban Union, said: “The granting of planning permission for the second stage of works marks another milestone in our partnership with 21st Century Homes and our plans to provide much needed homes in the Pennywell area.

“We will now begin to build a further 177 homes, which have been carefully designed with young couples, families and downsizers in mind. With the highest quality fittings and finishes, we expect interest in these homes to be high.”

Pennywell Living is the result of a major investment of £42 million by The City of Edinburgh Council’s 21st Century Homes programme, which will see Urban Union deliver 356 new social and mid-market homes for rent from the council alongside 363 new properties for private sale.

Councillor Cammy Day, housing convener for the City of Edinburgh Council, said: “The construction of the first phase of Pennywell is well underway, and the completed new homes look absolutely fantastic. Bringing good quality houses at prices that hard-working families can afford will encourage people to move into the north of the city, create jobs and in turn, stimulate the economy.

“The council is investing heavily in order to meet the high demand for homes in Edinburgh and to create sustainable neighbourhoods, such as Pennywell, by working with local communities and partners such as Urban Union.”

This phase will deliver 85 houses and 92 flats in total with 75 proposed as affordable and 102 for market sale.

The development is part of a much wider regeneration programme, which is creating new public open spaces, apprenticeships for local people and a community benefits programme providing a range of activities and events for local people.