Following the council’s decision in principle last December to grant permission for a new Granton Harbour Masterplan, yesterday’s decision confirms that full consents have now been granted for the overall masterplan.

Developers immediately lodged detailed planning applications for some of the masterplan’s individual sites, including the boatyard and associated infrastructure for the new 300 berth Edinburgh Marina complex.

The decision confirms the long awaited consent for a new 13,449 sq m retail and leisure centre, as well as new apartments and houses for over 4,000 residents.

Kevin Fawcett of Granton Central Developments said the state of the art marina will be the focal point for the successful regeneration of Granton, less than 2.5 miles from Edinburgh city centre.

He added: “This is a huge and extremely positive boost for Edinburgh at a most challenging time for the economy.

“Aside from the construction jobs the project will create for local suppliers, the development will provide over 900 new permanent jobs upon completion as well as over 2,000 new homes. It is a momentous and long awaited day for Granton that has seen 15 years to reach fruition, and we can now be sure that the regeneration can begin in earnest.

“Edinburgh Marina is the first new marina next to a capital city in Europe for several decades. Currently one of the largest private infrastructure projects in Scotland, it will provide a major half billion pound inward investment boost to Edinburgh.”

Designed by Wilson Gunn Architects, the scheme also makes provision for the proposed new transport facilities in the area, including the extension of the tram service.

It is hoped work can begin later this year with completion in stages over the next two or three years.