The opportunity to create a £1bn health innovation district, which will create jobs, homes, and a community for thousands of people in Edinburgh has attracted interest from parties around the world.

BioQuarter is expected to receive £600m of investment, supporting over 4,000 jobs in construction.

Over the lifetime of the 64 acres development site, there is the potential to grow to a health innovation community of 20,000 with 2,500 residential units on site.

EBQ3 Ltd has been formed between the City of Edinburgh Council, regional development agency Scottish Enterprise and the University of Edinburgh to lead the procurement of a private partner for the proposed strategic joint venture partnership.

The public sector-led programme also includes major stakeholders NHS Lothian, a key partner in the innovation ecosystem, which has its two acute hospitals based on site.

The 167-acre site is already home to Edinburgh Medical School and the 900-bed Royal Infirmary of Edinburgh.

It also includes the new home of the Usher Institute for data-driven health and social care innovation, set to open in 2023.