Councillors in Edinburgh will today discuss proposals to extend the Edinburgh tram line north to Newhaven.
If recommendations are agreed, a nine-month period of project development will commence, including the beginning of procurement processes for external support and site investigation.
Once the first stage is complete, a report will be brought back to Council recommending the way forward. If Councillors agree to continue with the extension a second stage, scheduled to take 21 months and costing approximately £8.3m, will include further site investigation and working with the Council’s advisors in carrying out procurement and enabling works.
The council says that, while it is yet to identify specific resources to fund the borrowing costs required for the project, the business case concludes that these can be funded from wider Public Transport revenues with no impact on Council revenue budgets in the short, medium and long term.
Council Leader, Councillor Andrew Burns, said: “The updated Outline Business Case provides further justification for bringing the tram to Leith, clearly demonstrating the social and economic impact the extension could have on this key area of the city.
“This first stage of project development for the extension will allow us to take another step towards achieving this. A significant period of work will ensure robust governance, allowing financial evaluation and risk analysis to be carried out.
“By obtaining funding for these initial stages from the city’s Public Transport revenues, we are satisfied there will be no impact on Council budgets in the short or long term.”
Councillors are being urged to approve, in principle, extending the tram to Newhaven over alternative options to end the line at Ocean Terminal, the foot of Leith Walk or MacDonald Road.