Redwood has supported TH Real Estate on its announcement of several milestones this year for the Edinburgh St James scheme, the latest being the naming of the residential partners for the 1.7 million sq ft (157,935 sq m) mixed-use scheme.

Native Land, the internationally recognised residential and mixed-use developer, and Scottish residential development firm Queensberry Properties, have teamed up to become TH Real Estate’s joint venture partner to deliver the scheme’s residential component.

The Edinburgh St James residential element, which had been marketed by Rettie & Co, attracted significant interest from a range of notable parties. Comprising approximately 150 apartments, the new homes will offer unrivalled amenities and unparalleled views across the UNESCO World Heritage City.

Edinburgh St James will be Native Land’s first development outside London. Native Land and Queensberry Properties will take a combined stake in the residential element at Edinburgh St James, and have already progressed in assuming the role of development manager, working alongside TH Real Estate, to maximise the residential potential.

The announcement follows a number of milestones for Edinburgh St James. In October, it was announced that the joint investment partnership between TH Real Estate and APG was agreed and finalised. This coincided with the appointment of main contractor Laing O’Rourke which has already begun demolition work on the existing St James Centre to make way for the new development. John Lewis will continue to trade throughout the construction process which is anticipated to complete in 2020.