To be located behind the Royal Bank of Scotland’s historic home on St Andrew Square, The IMPACT Centre will create a major new venue for the Scottish Chamber Orchestra and the Edinburgh International Festival.

Central to its design will be a hall offering world-class acoustics, however the design team, which is being led by David Chipperfield Architects, said that feedback throughout the exhibition process is still helping shape the final outcome.

David Chipperfield said: “We are very excited to be working on the new music venue in a city renowned around the world for its arts and culture. The setting, within the context of Edinburgh’s historic New Town, is also both stimulating and challenging. The new music venue will not only provide a modern performance space for Edinburgh but also create a new public place in this somewhat hidden corner of the city.”

IMPACT Scotland’s chairman, Sir Ewan Brown said: “This is an exciting stage in the creation of a vibrant new home for all kinds of music and performance in Edinburgh. We have set the bar high for our design team, asking them to produce a truly modern venue with exceptional acoustics, which also embraces and complements the heritage that surrounds it.

“This is a building being designed from the inside out, with at its heart, a hall offering world-class acoustics for performers and audiences. The design team have concentrated on getting this right, and we are now developing the look of this truly exceptional building and how it will sympathetically enhance its hidden location.

“Feedback from our first consultation showed that 98 percent of respondents supported the idea of a new music and performance venue in central Edinburgh. The need for new venue to secure the future of music in Edinburgh is clear and the support the project is receiving is tremendously encouraging.”