India Buildings Limited has appointed global property and construction consultancy, Thomas and Adamson, as project managers of the proposed development.
The 225-bed project will be established at the 19th century India Buildings on Victoria Street, close to the Grassmarket.
Thomas & Adamson will oversee the development of the hotel, which will feature bedrooms, bars and restaurants. The development will include a Virgin flagship Common Club restaurants, meeting and conference facilities and function rooms.
The project will include the refurbishment of three existing listed buildings and a new-build pavilion extension containing guest rooms and landscaping.
Brian Donaldson, partner at Thomas & Adamson, said: “We are delighted to have been selected to work on an iconic project such as the country’s first Virgin Hotel, which has attracted such international interest.
“We have some fantastic hospitality projects under our belts across the UK and Middle East in particular.
“This sector, despite the widely anticipated challenges of Brexit, has continued to develop. We have a strong pipeline of hospitality projects coming through this year and expect growth to continue.”
“This is a significant success for our Scottish business and our hospitality team globally. It is a positive affirmation of our continued growth in the hospitality sector.”
The hotel is expected to provide a £5 million boost to the local economy every year, as well as support hundreds of jobs during its construction.
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