A £250 MILLION redevelopment of the Rosyth waterfront has been launched to coincide with the opening of the £1.35 billion Queensferry Crossing.

Scarborough Muir Group said the Queensferry One development spans 120 acres and lies adjacent to the new bridge.

It occupies a south-facing waterfront location with views of the three bridges, including the Unesco World Heritage Site of the rail bridge.

It will integrate office space, industrial, manufacturing and logistics warehouses with space for developments such as a service station and food outlets, along with a 120-bed budget hotel.

William McAlister, property director of Scarborough Muir Group, said: “The opening of the Queensferry Crossing means that Fife is truly open for business as connectivity issues are addressed.

“Queensferry One has a unique opportunity to take advantage of this and offers the perfect multi-modal hub, with direct port, rail, motorway and public transport links.

“It is a highly flexible site and a stunning setting for businesses looking to relocate, expand or set up.”