The extent of construction underway in Bristol city centre has been revealed by the latest Bristol Development Watch Map from commercial property specialist Colliers International.
The map features cranes to denote major construction activity presently taking place in the heart of Bristol. It shows that currently there are six major developments underway in the city centre with a total of seven cranes on site, two of them at the Aurora office block at Finzels Reach. These schemes comprise two residential, two offices, one hotel and one student accommodation.
Christopher Dawson, director of the Development Advisory and Agency team, said: “Our latest Bristol Development Watch highlights both the extent and range of construction activity taking place in the city centre.
“Our original map featured six major construction sites in the city centre. Since then, work has commenced on two major new new schemes in the past six months.
“This very much reflects the way in which the heart of Bristol is being transformed as increasing numbers of people live and work in the city centre.”
The two new schemes are:
Iron Foundry – part of the redevelopment of The General, the former Bristol General Hospital. The development consists of 16 apartments. The whole scheme will include a collection of 205 apartments and houses, by developer City & Country.
3 Glass Wharf – an eight storey new-build office development located in Bristol’s Temple Quarter Enterprise Zone, offering 111,600 sq. ft. office headquarters. The scheme is being developed by Salmon Harvest Properties, which will become one of HM Revenue and Customs (HMRC) Regional centres. The development should be completed in 2019.
The other major schemes are:
Finzels Reach – Premier Inn – work is still continuing on the 168-bedroom hotel within the Finzels Reach development. The development is being undertaken by Cubex Land and Palmer Capital.
Finzels Reach – Aurora – this speculative development of 95,531 sq. ft. forms part of the Finzels Reach mixed use development site. The building is set to be complete in Q2 2018.
The Print Hall – Alaska is providing a new student accommodation scheme within the city, which is proposed to create 270 beds across three blocks of 11 storeys. The Print Hall sees the redevelopment of the former Bristol Post site, which also includes the reinstatement of Jacob Street. The development is expected to be completed towards the end of July 2017.
Redcliff Quarter – Phase One – construction on Phase One of the development is underway comprising of 128 residential units and three commercial, totalling to 0.8 acres of the overall 2.5-acre site. The current development has two cranes on site. The development is being carried out by Change Real Estate.
In addition, work is still is still underway at two major sites featured in the last Bristol Development Watch, although cranes are no longer on site. They are:
1 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.
The Milliner’s – an office-to-residential conversion by developers Headoffice which will create 109 apartments, consisting of studio and one-bedroom flats aimed at first-time buyers. Completion is expected to be Autumn 2017.