The masterplan would also connect the Scottish capital’s coastline to the surrounding communities in Leith, Portobello and Craigentinny.

Currently, the area is primarily made up of car showrooms, trades and light industry as well as Lothian Buses’ Marine Depot and the Council’s Seafield Household Waste Recycling Centre.

“The draft ‘Seafield Place Brief’ and ‘Draft Seafield Masterplan’ have been produced to add detail to the allocation in the council’s local development plan, City Plan 2030, as one of 44 pieces of land across Edinburgh allocated as an ‘Opportunity Site’ for development,” said the council.

A new primary school, GP surgery and green space are proposed for Seafield as well as a Waterfront Park.

Improved public transport, walking, cycling and wheeling routes linking to the wider area are also included.

The area under consideration stretches from Seafield Street in the north to King’s Road in the south. The eastern boundary of the site is the Forth Estuary, while the western boundary is defined by a railway line and by Seafield Recreation Area.

Seafield Road East, part of the A199, runs through much of the site. As Seafield is a coastal area, work is also ongoing with the Scottish Environment Protection Agency to mitigate against any future flood risk.

If approved for consultation by Edinburgh’s planning committee next week, residents, businesses and other organisations interested in the area will be asked to give their views on the “Draft Seafield Place Brief” and “Draft Seafield Masterplan”, developed following extensive consultation with local people and businesses.

Planning Convener, Councillor James Dalgleish, said: “Our draft plan focuses on the creation of a new environmentally friendly neighbourhood at Seafield to help address the city’s housing emergency.

“Options for higher density flats, with the clear aim of 35% of homes on site being affordable, are being explored with stunning views across the Firth of Forth alongside excellent community facilities.

“We’re estimating the site could potentially deliver as many as 2,700 homes with a range of other styles of housing such as colonies and townhouses. We’ll also make sure there are opportunities for employment and community uses.

“Our bold vision to transform this area would open up the Seafield section of Edinburgh’s coastline creating an attractive and seamless promenade linking to the waterfront communities that already exist on either side.

“I’d like to thank the local people and businesses whose views have helped get us to this stage and I look forward to receiving further feedback from the upcoming consultation to help us finalise our plans.”