Name

S1 Developments

Legal name

S1 Developments

Website

https://s1developments.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)

akta.pro primary industry

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB)

akta.pro secondary industries

Residential Affordable Housing Development & Construction (IMAFABAI), Renovation, Remodeling & Tenant Improvements (General Contracting) (IMAFAAAE)

Keywords

• Residential property development
• Design-led home building
• Purpose-built student accommodation
• Sustainable construction services
• Off-plan property sales

Headquarters

HQ city

Edinburgh

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Residential Property Sales: S1 Developments builds and sells residential properties (apartments, townhouses, mews houses) directly to buyers. Many units are sold off-plan before construction completes. Revenue is generated on a one-time transaction basis per unit sold.
2. Student Accommodation Development and Forward Funding: S1 Developments develops purpose-built student accommodation (PBSA) and exits via forward-funded deals with institutional investors. For example, Pentland House (359 beds) was sold to LGIM Real Assets on a forward funding basis and subsequently leased to Edinburgh University for 20 years.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

S1 Developments is an integrated developer, designer, and main contractor that acquires sites and delivers design-led, sustainable residential developments and purpose-built student accommodation in Edinburgh and across Scotland. The company manages projects end-to-end from site identification and planning through to construction and direct sale of completed homes to buyers (many off-plan prior to completion), as well as forward-funding PBSA schemes to institutional investors such as LGIM Real Assets and Aberdeen Standard.

Product overview

S1 Developments is an Edinburgh-based property development company founded in 2007, led by brothers Dan and Shane Teague. The company operates as a developer, designer, and main contractor, delivering residential and commercial developments across Scotland. Their portfolio includes completed projects such as The Ropeworks (650+ homes in Leith), Temple Park Crescent (46 homes), St Joseph's House (230 student beds), and ongoing developments including The New Village (397 homes at Edinburgh Park) and The Old Tynecastle High School (472 student beds). The company specialises in complex urban sites, sustainable design, and has won multiple industry awards including Scottish Home Awards House of The Year 2023.

Differentiator

Problem solved

Functional benefit

Products and services

• The Ropeworks A mixed-tenure residential development of 650+ new homes (townhouses, colonies and apartments) on a former derelict industrial site in Leith, Edinburgh, including 318 private residential units and 350 affordable mid-market rent units, delivered by S1 Developments on behalf of the Teague Group. Established as a thriving new community adjacent to the 46-acre Leith Links.
• Temple Park Crescent A contemporary sustainable residential development of 46 new homes overlooking the Union Canal in Merchiston, Edinburgh, developed by S1 Developments alongside 7N Architects using high-quality brickwork and metal cladding.
• The New Village A residential neighbourhood of 397 new homes (1, 2 and 3 bed apartments and 3 bed mews houses) at Edinburgh Park developed in partnership with Parabola, featuring all-electric, fossil-free energy and high-quality durable materials.
• Pentland House (Student Accommodation) A 359-bed purpose-built student residence developed by S1 Developments and sold to LGIM Real Assets on a forward funding basis, subsequently leased to the University of Edinburgh on a 20-year full repairing and insuring lease.
• St Joseph's House (Student Accommodation) A 230-bed purpose-built student accommodation scheme in Edinburgh forward funded by Aberdeen Standard and developed via Gilmore Teague Ltd, offering high-quality student bedrooms, communal spaces, and landscaped gardens.
• The Old Tynecastle High School (Student Accommodation) An in-progress purpose-built student accommodation conversion delivering 472 beds for the University of Edinburgh at the former Tynecastle High School site in Edinburgh.
• Ocean Drive (Build to Rent, Leith waterfront) A 2.5-acre Leith waterfront site secured for planning by S1 Developments for 338 Build to Rent apartments, designed by CDA Architects and sold to Goodstone Living Limited for delivery.
• Westerlea Gardens A development of 31 new-build apartments and 12 refurbished apartments at Westerlea Gardens, sold largely off-plan 9 months before completion in May 2018.
• Horne Terrace A development of four townhouses and fourteen waterside apartments completed between 2015 and 2017, awarded Apartment Development of the Year and Small Housing Development of the Year at the 2017 Scottish Home Awards.
• Malta Terrace A development of six new build mews houses, one townhouse and the refurbishment of Malta House, awarded Small Housing Development of the Year at the 2016 Scottish Home Awards.

Quantifiable outcome

• The Ropeworks won 'House of The Year' at the 2023 Scottish Home Awards.
• +3 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core and minor.

• ParabolacoreStrategic or Co-development PartnerS1 Developments is developing The New Village at Edinburgh Park in partnership with Parabola. The project is a vibrant new residential quarter of 397 fossil-free homes, with S1 serving as developer and main contractor.
• HeadoncoreStrategic or Co-development PartnerHeadon S1 St Andrews West is a partnership between Headon and S1 Developments to deliver a thoughtfully designed sustainable residential community in St Andrews. Phase 1 is complete and Phase 2 (62 units) is now available.
• West Ranga LtdminorStrategic or Co-development PartnerS1 West Ltd is a joint venture between S1 Developments Ltd and West Ranga Ltd, formed to redevelop the former BMI Fernbrae Hospital in Dundee into 23 new residential homes.
• Teague GroupcoreStrategic or Co-development PartnerS1 Developments managed the delivery of over 650 new homes at The Ropeworks on behalf of the Teague Group in Leith, Edinburgh. The development was launched in 2017 and completed in 2023.
• Goodstone Living LimitedminorChannel Partner/ Reseller/ DistributorS1 Developments sold its 2.5-acre Leith waterfront site to Goodstone Living Limited, which is delivering 338 homes for rent on the site.
• Square & CrescentminorStrategic or Co-development PartnerAt Westerlea Gardens, S1 Developments sold the refurbishment/conversion element of the site to Square & Crescent, while S1 completed the 31 new-build homes.
• Gilmore Teague LtdminorStrategic or Co-development PartnerPost planning consent, Gilmore Teague Ltd agreed terms with Aberdeen Standard via a forward funded turnkey deal to deliver St Joseph's House (230 student beds).
• Queensberry PropertiesminorStrategic or Co-development PartnerS1 Developments partnered with Queensberry Properties to deliver Grange Loan — 7 contemporary five-bedroom townhouses in Edinburgh's Grange area, completed in 2012.

Scale indicators8 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Parabola: Edinburgh-based developer partnering with S1 on The New Village at Edinburgh Park. Similar design-led approach to mixed-tenure residential development, with overlapping Edinburgh operating geography.
• Dandara: Privately-held UK residential developer with active projects across Scotland, including apartment-led urban developments in Edinburgh. Comparable as a mid-size design-led developer competing in similar urban infill and regeneration sites.
• Miller Homes: One of the UK's largest privately-held homebuilders with significant activity in Scotland including Edinburgh. Comparable in business model — developer and main contractor delivering new-build residential communities for sale — and overlapping target buyer segment.
• Cala Homes: Major Scottish-focused residential developer and homebuilder with strong Edinburgh and central Scotland presence. Operates similar build-to-sell model targeting premium and family segments, making it the closest direct competitor to S1 in the Scottish market.
• Keepmoat Homes: UK homebuilder specialising in new-build residential developments with regeneration focus, active in Scotland. Similar model of building on complex urban sites with mixed tenure including affordable housing, comparable to S1's Ropeworks approach.
• Queensberry Properties: Edinburgh-focused residential developer that has partnered with S1 on the Grange Loan project. Operates the same Edinburgh new-build and townhouse development model in similar prime neighborhoods.
• Urban Union: Edinburgh-based residential developer focused on regeneration of complex urban sites. Operates similar build-to-rent and for-sale models in the same Edinburgh market, making it a closely comparable niche peer.

Broad incumbents

• Bellway Homes: Major UK homebuilder with active Scottish division. Competes with S1 in the new-build for-sale market across Edinburgh and central Scotland, though at much greater scale and with a national footprint.
• Taylor Wimpey: One of the UK's largest volume housebuilders with nationwide operations including Scotland. While much larger and broader-based, it competes with S1 for the same home-buyer segments in Scottish cities including Edinburgh.

Others

• Unite Students: Leading UK purpose-built student accommodation operator and developer with assets in Edinburgh. While primarily an operator rather than a forward-funded developer like S1, it represents the institutional end-market for S1's PBSA forward-funded exits (e.g., Pentland House leased to Edinburgh University).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/s1developments
• Xx.com/S1Developments
• Facebookfacebook.com/S1-Developments-61575069782090
• LinkedInlinkedin.com/company/s1-developments

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about S1 Developments