The firm provided cost management services for the four-star hotel on behalf of EDI Group Ltd.

The 98-room boutique hotel, which is due to open early next year, is located within the city’s UNESCO World Heritage Site, after laying derelict for 50 years. It will offer visitors panoramic views across the Waverley Valley and will be the first hotel in Scotland to be selected as a member of Design Hotels TM.

Alastair Wallace, senior partner at Thomas & Adamson, said: “We have worked closely with our partners to successfully deliver two state-of-the-art facilities, each serving a different purpose to the areas in which they operate. As an Edinburgh business it is great to finally see the gap on Market Street being developed, and with such a contemporary design that really complements the unique architecture of Edinburgh’s Old Town.”

Work has also completed on St Michael’s Retail and Leisure Park, a brand new development in Basingstoke.

Mr Wallace added: “St Michael’s Retail Park has created jobs in the community and revamped an area that has lay derelict since the 90s. These projects are excellent examples of our continued work in the hotel and retail sectors; working to deliver a project designed from the ground up. It’s been a great experience bringing our shared vision to life.”