Edinburgh City Council has named the firm as the preferred bidder to take forward the first phase consisting of 750 net zero homes for sale and rent, a new school, medical centre and infrastructure.
In the next couple of years, the Council will work in partnership with Cruden to take forward pre-development works.
Over the next 15 years, the regeneration of Granton Waterfront will deliver around 3,500 net zero carbon homes, commercial and cultural space and a new coastal park.
Cruden Group will employ architect Smith Scott Mullen and Scandinavian architects C. F. Moller to work up detailed plans.
Council Leader, Cammy Day, said: “This is the largest regeneration project of its kind in Scotland and it’s giving us a once-in-a-lifetime opportunity to transition towards a greener economy in our Capital city while building many of the affordable homes Edinburgh needs within 20 minute communities with shops, healthcare, cultural and leisure and education facilities all nearby.
“As Granton Waterfront is one of the seven strategic sites within the Edinburgh and South East Scotland City Region Deal it will build on Scotland’s vision for achieving net zero, placemaking and people-led growth.”