Dundee is Scotland' fourth larger city with an established population of 145,000 and a catchment population in the region of 515,000. The city enjoys an enviable south facing position at the mouth of the Tay Estuary on Scotland's east coast. Dundee is the regional centre for commerce, retailing and employment within Tayside and is currently undergoing significant regeneration and investment, including the £1 billion on-going transformation of Dundee's city waterfront with the realignment of the waterfront., centred around The V&A Dundee, Scotland's first design museum, which has recently opened. The property is located on the Kingsway (A90), Dundee's outer ring road and the arterial route between Glasgow/Edinburgh to the south and Aberdeen to the north. The approximate location is shown by the OS Plan.