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.

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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.”