And while many other UK cities seem to favour destruction over regeneration, thankfully, architectural conservation is treated as a priority in Scotland’s capital city.
We've trawled through the photo archives to bring you 11 iconic landmarks around Auld Reekie that have found a new lease of life.
5. The Hub, Castlehill
Formerly the Tolbooth Kirk, this striking building was built in the 1840s and was originally served as a meeting hall for the General Assembly of the Church of Scotland. Today it's known as the Hub, and is used as a ticket office, information centre and performance venue during the Edinburgh Festival. Photo: Greg Macvean
6. Old Edinburgh Royal Infirmary
When the old Edinburgh Royal Infirmary was vacated in 2003 and hospital services relocated to a new site at Little France, there were fears over what would become of the original 19th century buildings. Thankfully, their best features have been retained as part of the luxury Quartermile housing development. Photo: Lisa Ferguson
7. Castlehill reservoir
Situated at the top of Castlehill, the highest point in central Edinburgh, this 19th century former reservoir once contained the city's chief water supply. It is now occupied by the Tartan Weaving Mill. Photo: Denis Straughan
8. Newhaven Fishmarket
Built as the hub of district's once thriving fishing industry, this delightful old fishmarket continues to grace Newhaven Harbour. The Fishmarket was voted one of the world's best fish restaurants by Lonely Planet. Photo: JON SAVAGE