A new insight into the
changing landscape of the city centre is being provided by a property map with
analysis called Bristol Development Watch.
It has been launched by the
Bristol office of commercial property specialist Colliers International, and
features a map showing new development taking place in different areas of the
city centre, within the residential, office, hotel and student accommodation
The map will be published
regularly with expert analysis on current and forthcoming development activity
from members of the Central Business Group in the Bristol office of Colliers
International. The group combines
the expertise of the Planning, Investment, Offices and Development teams in an
initiative which mirrors the increasingly mixed form of activity in the city.
Christopher Dawson, director of the Development Consulting and Agency team, said: “At a
time when central Bristol is undergoing significant changes as a result of
development, we felt it was timely to begin monitoring those schemes.
“In doing so we
are aiming to build a simple overview picture of the way in which Bristol is
being transformed as people come in numbers to live in the city centre for the first
time since the post-war push to the suburbs.”
director James Preece added: “This guide will provide an overview as to what
these schemes are and where construction is taking place. And, by comparing
successive snapshots we aim to present a visual portrayal of the changing face
of Bristol’s development activity.
various sites with planning permission in the city centre, but it is useful to
gain a snapshot of where actual development is underway and in which sectors.
The first Bristol
Development Watch provides a picture of a city centre on the cusp of significant
change as a result of a number of major new development schemes that have
recently got underway.
There are presently six
major new developments in the heart of the city, of which two are residential,
two are offices, one is a hotel, and one is student accommodation. They are:
Reach - Premier Inn - a 168 bedroom hotel within
the Finzels Reach development by Cubex Land and Palmer Capital on the site
of the former Courage Brewery;
Reach – Aurora - the 95, 531 sq ft
latest phase of this mixed use development, consisting of the speculative
Aurora office building plus 38 apartments at the Cask Store;
Hall - student accommodation by developer Alaska, totalling
270 beds in three blocks extending to a maximum of 11 storeys on the site
of the former Bristol Post print hall at the junction of Old Market and
Redcliff Street - the addition of an
additional storey, comprising 8,888 sq ft of new office space in the
landmark office building managed by Aberdeen Asset Management.
Milliner’s, Victoria Street– an
office-to-residential conversion by developers Headoffice, which will
create 109 apartments, consisting of studio and one-bedroom flats aimed at
Quarter Phase 1 – 128 apartments and three
commercial units on a 0.8 acre area of the 2.5 acre site being developed
by Change Real Estate.
Christopher Dawson said: “It
is interesting to note that development currently taking place involves a
number of diverse schemes, and is not dominated by any particular sector.
“Mixed use schemes are very
much driving the current new development in Bristol. Another important driver
will be the infrastructure work to improve accessibility that is taking place
around the city, ranging from the enabling work for the Metro Bus to the
recently opened South Bristol link road, the bridge at Finzels Reach and to
public realm work around Temple Meads station.”
In the once semi-derelict
Redcliff area of the city, construction is underway at Redcliff Quarter Phase
1; The Milliners on Victoria Street; the office block at 1 Redcliff Street, and
the nearby mixed-use Finzels Reach scheme.
There will be further phases
at Redcliff Quarter and Finzels Reach, which will include a 82m tall tower with
84 flats and a 186-bed hotel in Redcliff Quarter, and the largest build-to-rent
residential deal in Bristol at Finzels Reach, consisting of a development of
194 homes by Cubex Land which will be funded by Grainger PLC.
New developments proposed
to take place in the Temple Quarter Enterprise Zone include a seven storey
office called 3 Glass Wharf with 115,000 sq ft of Grade A office accommodation,
and a £300m city campus and student village for Bristol University.