A MASTERPLAN for the Rosyth waterfront has been revised with plans unveiled to create a major distribution hub at the Queensferry One site.

Back in 2017, the Scarborough Muir Group outlined their proposals for a £250 million development which were to include new offices, warehouses, a service station, food outlets and a 120-bed budget hotel.

However, this week they revealed that they had taken a "strategic decision" to revamp the plans and now intend to create a major distribution hub.

They say the change of direction comes after a resurgence in the industrial and logistics market which has been fuelled by the impact of Brexit and COVID-19.

New agents CBRE and Colliers have now been appointed to market the site, which is adjacent to Junction 1B of the M90 and the Queensferry Crossing.

Scarborough Muir Group development and investment consultant Ross Jubin said they assessed their developments constantly to ensure they remained "relevant and attractive" to potential occupiers.

"By adjusting the mix of uses to reflect the latest market dynamics, Queensferry One is now better positioned than ever before to provide a combination of high-specification industrial and logistics space in an attractive and easily-accessible environment," he explained.

“The revision of the masterplan was also an opportunity to re-evaluate our agency team. We selected CBRE and Colliers for their collective experience and expertise in the industrial and logistics market, as well as their fresh ideas and new ways of thinking, and we look forward to working with them in finding the right occupiers for Queensferry One.”

Craig Semple, associate director at CBRE, said they were delighted to be involved with Queensferry One.

"Fife has been totally transformed over the last five years," he said. "Thanks to the addition of the Queensferry Crossing, it is now a viable alternative to any of the other established industrial and logistics hubs across the Central Belt of Scotland.”

Lewis Pentland, associate director at Colliers, added: “There’s very little quality industrial and logistics space currently available across the Central Belt of Scotland.

"Queensferry One’s location adjacent to the M90 motorway and Port of Rosyth will play a key part in meeting the demand that has persisted over the past 18-24 months, from both national and international occupiers, who can see the clear benefits of operating from this exceptional location.”

Dunfermline and West Fife MP Douglas Chapman said he was looking forward to hearing more on the plans.

"There is considerable interest in Rosyth following the announcement by Forth Ports to bid to become a Scottish Government Greenport and it may be that landowners in the area are readjusting their offer to potential inward investors to take advantage of the Greenports initiative should that be successful," he said.

"I look forward to my next meeting with Scarborough Muir to hear more about the detail of their plans for the long-term development of the site and the creation of sustainable jobs for West Fife."