The changing face of Bristol - Evolving Cities - Avison Young
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Evolving Cities
The changing
face of Bristol
gva.co.uk Photograph: Simon Mason
Evolving cities
The UK’s cities are The Changing Face of Bristol is
one of our series of reports looking
undergoing a renaissance. at how the UK’s key cities are
Large scale place making evolving and the transformational
schemes are dramatically change that is occurring, either in
terms of the scale of regeneration
improving how they are
activity or a shift in perception.
perceived, making them
For each city, we identify the key
more desirable places to locations where such change has
live and work, and better occurred over the last 10 years,
able to attract new people and the major developments that
and businesses. continue to deliver it. We then explore
the key large scale regeneration
opportunities going forward.
Bristol today
The nature of change Accordingly it didn’t experience Bristol is seen as a shining example Bristol has a population of almost These assets have also helped foster The completion of the Broadmead
the same level of urban decay and of culture-led regeneration, with 500,000 people and this is projected its digital and creative economies, shopping centre in 2008 represented
in Bristol’s property need for dramatic transformation. schemes like the £27.5 million M Shed to grow at an above the UK with one of the highest rates of a massive regeneration of the
landscape is somewhat Having said this, in the late 1970’s Museum that opened on Princes average rate over the next 5 years. business start-ups in the UK and central retail area and this was
unique in this series of the demise of Bristol’s shipbuilding, Wharf in 2011 an excellent example, It contributes approximately £12.6 the highest number of patents per further improved the same year
docks and related industry did acting as a catalyst for further billion to the UK economy and has 100,000 people of any Core City. Its with the opening of Cabot Circus.
reports. It did not suffer
leave parts of the city redundant investment in the area, including the a higher relative contribution than creative strength has also received These developments attracted a
socially and economically and in need of rejuvenation and redevelopment of Wapping Wharf. the UK average per hour worked. recognition and the development range of high profile retailers to
from Britain’s industrial Bristol in need of a new identity.
Bristol has been one of the UK’s most The service sector dominates
of the Temple Quarter enterprise the city, including Harvey Nichols
decline in the same way zone will boost office space and and House of Fraser and helped
A combination of public and private prosperous cities for some time, employment but there is also a strong
infrastructure for businesses strengthen Bristol’s position as a
as the other cities we have investment, an effectively delivered supported by evolving regeneration presence in hi-tech manufacturing
and underpin further growth. leading regional retail centre.
looked at. City Centre Strategy and a range of and development. It is identified and media with Bristol being classified
initiatives to improve infrastructure, internationally as a progressive, as one of the UK’s ‘Science Cities’. Commercial developments such as
commerce and the retail and pioneering, diverse and talented Its leading universities have helped Temple Quay have established Bristol
cultural offer have seen Bristol city. In an increasingly competitive drive this along with the development as the prime office location for the
become a great success story. and globalised world, an ambitious of Bristol and Bath Science Park, region, attracting leading businesses
future programme of investment establishing the location as a centre including IBM, Canada Life, HSBC,
and development should ensure it for research and innovation. Burges Salmon and Osborne Clarke.
retains its competitive edge and
appeal in the years to come.
Changing places
An ambitious pipeline of The acuteness of the housing The city will also benefit from
affordability challenge in Bristol has investment in digital infrastructure
projects over the next ten received a lot of attention and there and will be the next ‘gig-city’ providing
years will help provide is currently a shortfall of housing ultra-fast internet speeds which will
a platform for Bristol’s delivery and available land. This will support and attract businesses.
require a strategic policy-led approach
continued success but There is a new political dynamic
to deliver more units and prevent the
the city faces a number situation worsening and becoming an
with the appointment of the first
Metro Mayor, Tim Bowles, for the
of challenges that these inhibitor of growth.
combined authorities of Bristol,
schemes and further Bristol’s infrastructure is set to improve South Gloucestershire and Bath
developments will need to over the next ten years which is & North East Somerset, working
address to avoid growth important in facilitating further growth towards a more joined up regional
and has historically been seen as a strategy and greater autonomy
being constrained. challenge for the city. Rail journey times with the Government.
to Cardiff and London will be cut with
This report identifies the schemes
the electrification of the Great Western
from the last 10 years that have been
Railway and the new MetroBus
most significant in delivering Bristol to
network will improve connectivity
its current standing. It also examines
around the wider Bristol area.
the schemes that will be delivered
Ongoing investment in Bristol Airport in the next 10 years that will enable
is improving national and international further growth and success.
connections and the city and wider
region will benefit from these in
the future.
Broadmead, Cabot Circus | © Hammersons
2007 – 2027
M4
M5
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1. Cabot Circus 2. Broadmead 3. Temple Quarter Enterprise Zone
Road
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A4
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Filton Road
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4. The University of Bristol Campus 5. Temple Circus 6. Wapping Wharf M4
M4
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A417 M4
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A42
7. Finzels Reach 8. Bristol & Bath Science Park 9. Redcliffe Quarter
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A3
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10. Cribbs Patchway New Neighbourhood 11. Horizon 38 12. Hengrove Park, South Bristol
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Way
Temple
Road
Anchor 5
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Bristol Temple Meads
13. Central Park, Severnside
Floating Harbour Way
Redcliffe
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River Avon
1. Cabot Circus
Cabot Circus was one of The project completed in 2008 and In total the scheme delivered 1,045,000
consisted of two parts; the main sq ft of retail space, 270,000 sq ft of
the biggest regeneration Cabot Circus element and the smaller offices, 260 residential units, 2,616
projects in the South Quakers Friars. It represents the car parking spaces and public realm
West and Bristol’s largest first stage of the wider Broadmead and connectivity improvements.
regeneration, the second stage of The retail offering consists of 2
city centre regeneration
which is addressed later in this report. department stores, 15 large stores
programme since the and 131 shop units with House of
Cabot Circus was a £250 million
Second World War, project developed by Hammersons
Fraser and Harvey Nichols as anchors.
transforming the city centre. An 18 storey tower is home to the
and Land Securities, with Chapman
residential units and this forms a key
Taylor as architects and became the
part of the Quakers Friary element.
first retail-led development in the
UK to achieve BREEAM Excellent. It The scheme occupies 11.8 acres and
also won the BCSC Supreme Gold attracts around 18 million visitors per
for the best “In Town Retail Scheme year. It has been hugely successful
of more than 300,000 square feet” and has paved the way for the wider
and the MAPIC Retail Award for Best regeneration of Broadmead.
Shopping Centre of the Year 2008. It
has a striking design and boasts the
largest UK constructed glass roof.
© Hammersons
2. Broadmead
This section addresses The scheme is being proposed Horsefair and Penn Street will be
by Bristol Alliance Partnership redesigned to make the environment
the plans for the future (Hammerson and AXA Real Estate) more friendly for pedestrians and
redevelopment of who also developed Cabot Circus connectivity to Cabot Circus will
Broadmead, representing and will build on the £250 million be improved. The Podium, one
that was invested in that scheme. of the area’s most recognisable
the second phase of
landmarks will be retained as a
the area’s regeneration The next stage of Broadmead’s
feature in the redeveloped centre.
regeneration consists of two
following the work main individual developments: The development is expected to
undertaken at Cabot create around 3,300 jobs and will
Callowhill Court: an outline application
Circus. has been lodged for the demolition
dramatically rejuvenate Bristol’s
already high quality retail offering.
of Callowhill Court’s existing buildings
The expectation is that construction
and structures and its comprehensive
would start in 2019, subject to
mixed-use redevelopment,
securing vacant possession
along with adjoining land.
of the existing premises.
Broadmead/The Horsefair: this will see
the redevelopment of the Broadmead
and Horsefair shopping areas. Outline
planning was submitted in December
2016 and all matters are currently
reserved, other than vehicular access.
The scheme will deliver approximately
1,103,100 sq ft of mixed use retail,
commercial, leisure and hospitality
space (Use Class A1, A2, A3, A4, A5,
C1, D2). There will also be 150 Use
Class C3 residential units, additional
car parking, improved access,
landscaping and public realm works.
© Hammersons
3. Temple Quarter Enterprise Zone
This section covers the The scheme covers circa 70 –– Corporate Finance / Professional
hectares (173 acres) of land services: Beachcroft, Bond Pearce,
wider Temple Quarter surrounding Bristol Temple Meads Burges Salmon, Capita, Create
Enterprise Zone site. It is railway station. It features a range Group, Deloitte, Ernst & Young,
located in the heart of of development opportunities Grant Thornton, Halcrow, KPMG,
including over 2.6 million sq ft of Orange and Osborne Clarke
Bristol and is a regeneration
new commercial, residential and –– Civil Service cluster: DCLG, HMRC,
opportunity that will ancillary leisure and retail space. HCA, Traffic Commissioner for South
shape a new city quarter. The zone comprises a mixture and West of England, VOSA, DEFRA,
It will play a key part in of ownerships, public and Department for Transport, Highways
growing Bristol’s economy private, with different uses and Agency, and Planning Inspectorate
and providing new homes development sites throughout the Funding for further infrastructure
area. The key partners include: projects will come from a variety
leisure and infrastructure.
–– Bristol City Council of both public and private
Temple Meads Station sources, with the key partners
–– Homes and Communities Agency
sits at the centre of the playing a significant role.
–– Network Rail
Enterprise Zone and will In the next 10 years there will be
–– West of England Local
be a transport hub for the many developments coming
Enterprise Partnership
quarter and the wider city. –– University of Bristol
forward in the identified zone
but the key projects include;
The Enterprise Zone It is already host to a range of –– Arena – a new 12,000
was declared open by high profile occupiers across seat multi use arena.
the Chancellor of the multiple sectors. These include:
–– Bristol University – new business
Exchequer in 2012 with –– Creative & technology: Artswork campus and student village.
the aim of creating 17,000 Media, BBC Studios and –– Temple Meads Station
Post Production, Big Blu, BT, redevelopment
jobs by 2037, with a focus Documentary Image, Domain
–– Paintworks – an innovative
on four sectors, hi-tech; Associates, Element78, Epic
mixed use development
creative and digital, low Photography, Existem Ltd,
–– Engine Shed II – A new innovation
Fujitsu, Gravity Ltd, Hope Music
carbon and professional Group, Ignition, Open, Peloton centre with a focus on incubating
services. Design, Positive, ScaryCat new businesses, building on the
Studio, Signal Network, the success of the original Engine Shed. © Grimshaw
This is the most important white balance and Wrap3 The degree of change in this
scheme that will change –– Financial services: Bank of Ireland area is enormous for the urban
the face of the city and Financial Services, Canada Life, landscape, transport infrastructure
provide an extension to DAS Legal, HSBC, NFU Mutual, and cultural and leisure offerings.
Royal Bank of Scotland and Target The redevelopment of key sites will
the city centre. provide a transformational change
to a key gateway into the city.
4. The University of Bristol Campus
The University of Bristol The strategic objectives being: The campus will initially cater for 3,500
students, the majority of whom will
is building a new £300m –– A new business school
be postgraduates, and approximately
of 12,500sqm GIA
campus that will bring 800 members of staff will be based
–– A new digital innovation
huge benefits to Bristol hub of 23,000sqm GIA
there. Construction is expected to
start in Summer 2019 once planning
and give a huge boost –– Provision for academic expansion permission has been secured.
the regeneration of the –– Up to 1,500 student rooms
There has been much activity in
Temple Quarter Enterprise –– Ancillary space the area by speculators and also the
Zone. An outline planning –– Cattle Market site total University themselves. We anticipate
application has been approx 60,000sqm GIA there will be demand from residential
submitted on the former developers for a new high density
–– Arena Island site total
residential development as a result of
Post Office sorting office approx 20,000sqm GIA
the limited development opportunities
site adjoining Temple They are proposing to build a in the city centre and the improved
Meads Station, which campus that’s fundamental to connectivity and general activity
re-imagining of business education created from the University’s proposals.
will deliver a significant collocated with world-class science
buzzing improvement to and engineering R&D focused on
The University’s proposals will also
now help assist in bringing forward
one Bristol’s key gateways digital innovation at scale with the
the redevelopment of Temple Meads
aim to produce the skills pipeline
into the city. to support the digital economy.
Station to create new capacity
and improved linkages through
This will no doubt bring about the station to the new campus.
new demand for housing, student
accommodation and business space
for supporting businesses. In addition
it will link up well with very successful
Engine Shed innovation centre and
© The University of Bristol
the high tech start businesses that
are emerging from this area.
5. Temple Circus
This project is part of the The proposals for the site seek to The refurbishment and extension of
deliver approximately 430,000 sq ft the listed George & Railway Hotel
wider regeneration of the of commercial space and 21,500 sq ft will host the new Engine Shed II,
Bristol Temple Quarter of retail space. The scheme is being following the success of the University
Enterprise Zone. It will be brought forward by Bristol City of Bristol-run Engine Shed enterprise
Council and Skanska. The proposals hub. The Engine Shed houses the
the highest profile site to
are the subject of a hybrid planning University’s Bristol SETsquared
come forward in the Zone application described as follows: Centre, which was named as the best
and its redevelopment 1. Full Planning and Listed Building
university business incubator in the
will transform a key world in 2015 and supports a record
Consent for the refurbishment, part
number of businesses. The creation
brownfield site which acts demolition, extension and change
of Engine Shed II will offer more space
as a gateway to the city. It of use of the former Grade II listed
to support new business growth.
George & Railway Hotel, demolition
will kick-start the delivery of The Grosvenor, to provide The regeneration of the Bristol Temple
of new high quality space 60,600 sq ft (GEA) of creative office Quarter will dramatically change
in the Zone and is a key space (B1) with ancillary café/ the area. The vision set out in the
restaurant uses at ground floor Bristol Temple Quarter Enterprise
part of the City Council’s level (A3/A4), and cycle parking; Zone Spatial Framework is for a
strategy. thriving new city quarter which over
2. Outline consent for the
the next 25 years will provide 17,000
redevelopment of the remainder
jobs, house an additional 4,000
of the site to provide up to
people, see the construction of a
652,300 sq ft of new office
new events arena and a significantly
accommodation (B1), including
improved railway station.
up to 231,500 sq ft of retail
uses (A1- A5), public realm and There are highway improvement
landscaping works as well as works currently underway as part
site servicing and car parking. of the delivery of the Metrobus
which will both enable and benefit
the scheme by reducing traffic
and congestion, providing a new
and enhanced public transport
gateway within close proximity to
the site and enhance pedestrian
movement through the site. © Skanska
6. Wapping Wharf
Wapping Wharf is an So far this has seen 194 apartments New pedestrian and cycle connections
delivered across multiple tenures. They have been created, connecting
on-going regeneration were designed by award winning Bristol Wapping Wharf to the wider city,
scheme that forms a key architects, Alec French Architects and the Floating Harbour and the
part of Bristol’s historic retained historic design features to MShed museum (which was also
create a high calibre development. regenerated as part of the project).
docklands along the
The result has been a high profile
Floating Harbour. The product that has generated a lot of
The second phase of Wapping
Wharf, which will commence shortly,
first phase has been attention and is acting as a catalyst
will complete the regeneration of
completed, having been for the wider regeneration of the area.
the famous Floating Harbour and
kick-started by an award of The initial development at Wapping represents one of the most significant
£12 million from the Homes Wharf has also seen the arrival of new schemes in the city. It will see the
the first phase of CARGO, Bristol’s retention and restoration of several
& Communities Agency first retail yard made of converted key listed buildings and will incorporate
(HCA), under the Get shipping containers. The units the Old City Gaol gates to enhance
Britain Building Initiative have been occupied by a range the City Docks Conservation Area.
of independent retailers which,
in 2013. The project is a combined with the unusual nature of
In total the scheme will provide
joint venture between the accommodation, has given the
approximately 600 new homes
and some office space along
Umberslade and Muse location a very distinctive character.
with public realm and connectivity
Developments. Sovereign Housing assisted in improvements. The Metrobus route
the delivery of the final phase will run adjacent to the site, connecting
with the acquisition of 55 it to both the south and north of
apartments for their PRS fund. the city. The project will also see
the creation of Cargo 2 which, similar
to the original Cargo, will consist of
converted shipping containers with
a focus on independent occupiers.7. Finzels Reach
Finzels Reach is a key city Plans for the site were initially The gross development value is
approved in 2006 but work stalled in the region of £250 million and
centre regeneration project following the recession. It is now is broken down into a number of
that is transforming a site being brought forward by Palmer key individual elements which are
previously occupied by Capital and Cubex Land and work either underway or completed:
is well underway. This will deliver a
the Courage Brewery and –– Bridgewater House (B1) –
truly mixed-use scheme that will
sugar refineries. In total it bring new life to a section of the city
built and occupied
covers 4.7 acres on Bristol’s that was quiet and under-utilised. –– Aurora (B1) – under construction.
Completion expected Autumn 2017
waterside, consisting of The completed scheme will
–– Premier Inn Hotel – under
most of the south bank of comprise of approximately:
construction. Due for
Bristol Floating Harbour –– 437 residential units completion July 2017
between Bristol Bridge –– 240,000 sq ft of office space –– Hawkins Lane and George’s
and St Philip’s Bridge. –– 30,000 sq ft of retail space Wharf (C3, PRS scheme, 194
units) – under construction
–– Micro-brewery
–– Finzels Bridge – a pedestrian and
–– 168 bed Premier Inn hotel
cycle bridge linking the scheme
There will be extensive improvements to Castle Park across the Floating
to connectivity and public realm, Harbour, under construction
including 4 new pedestrianised –– Castle Wharf (C3) – built
streets and a landmark 91 metre and occupied, 88 units
bridge which is now open and
–– Malt House (C3) – built
will unlock the location.
and occupied, 55 units
A strong emphasis on sustainability –– Hop Store (C3) – built and occupied,
is a core principle of the scheme, 55 units 100% affordable
with the provision of electric car
–– Finzels and Cask (C3) – under
charging points, extensive bicycle
construction, 38 units
spaces and a focus on energy
saving initiatives. There will be a Hawkins Lane and George’s Wharf
focus on achieving top tier BREEAM represent Bristol’s largest Build to Rent
ratings for the office buildings. deal and are being forward funded by
Grainger who will acquire and operate
the scheme upon completion. © Cubex8. Bristol and Bath Science Park
Bristol and Bath Science The Universities of Bath, Bristol and There is a 25,000 sq ft Innovation
West of England are key stakeholders Centre dedicated to incubating early-
Park is one of the UK’s most in the science park, enabling a world stage companies and accelerating
important science and class environment for collaboration their growth. This includes business
technology assets. It is an between academia and business. It advice and support, funding
is home to the National Composites opportunities, mentoring and access
on-going development,
Centre which is one of the Advanced to collaborative opportunities.
following decades of Manufacturing Catapult Centres
More established companies are
planning and private and and a world class research facility.
catered for by the 25,000 sq ft Grow
public sector collaboration. Ultimately the park will cover 59 acres on Centre, which offers world class
and employ around 6,000 people, facilities and flexibility designed for
following continued expansion over growing companies with adapting
the next 15 years. The first phase of needs. It hosts a thriving, innovative
the park, covering approximately community and is home to high-profile
29 acres, opened in 2011 and by 2014 occupiers at the forefront of their fields.
had become the fastest growing
There are a range of larger bespoke
high-tech high cluster outside London.
plots available for bigger occupiers,
The park is located on the A4174 Avon ranging from 0.5 acres to 9 acres.
ring road at Emerson’s Green, Bristol. It They benefit from top specification
is close to Bristol’s major rail stations, digital infrastructure and roads
the M4 and M5 motorways and is and utilities being in place.
easily accessible from Bristol and
Sustainable development has been a
Heathrow airports. As the park expands
key feature of Bristol and Bath Science
it will benefit from improved public
Park and it has achieved BREEAM
transport, including a new Metro Bus
and CEEQUAL Excellent ratings. It
stop. South Gloucestershire Council
has high quality communal green
are currently in the process of seeking
space, electric cars and bikes for use by
to purchase BBSP from the HCA.
tenants and an excellent reputation as
The park offers a range of a highly skilled, exciting community.
accommodation and facilities to
cater to a variety of occupier needs.
This includes small and large offices,
serviced and non-serviced-semi- © Bristol and Bath Science Park
industrial workspace, laboratories and
conference facilities as well as band
width and excellent communications.9. Redcliff Quarter
Redcliff Quarter is an The site has been vacant for The second phase is more
over 25 years and consisted extensive and will provide:
ongoing regeneration of derelict industrial units, in a
project that will transform strategically significant area.
–– The first Radisson Red hotel
in Bristol with a 185 bed hotel,
a historic trading quarter The completed regeneration will deliver creating an estimated 90 jobs
in the heart of the city. The a major mixed-use development –– A roof-top restaurant will have
project comprises two key that will revitalise the area. It will be panoramic views over the city.
anchored by a 185 bed 4-star Radisson
schemes on a 2.5 acre site Red hotel which represents a new
–– Ground floor and mezzanine
in the heart of the Redcliff urban-lifestyle concept for the brand.
level restaurants and cafés will
enhance the Quarter’s character,
conservation area, between The regeneration will be geared to a
creating up to 250 jobs.
St Thomas Street, Redcliff ’18-hour city’ offering and in total there
will be 600,000 sq ft of new space. –– A new European style food hall
Street and Three Queens An ’18-hour city’ refers to a city that championing Bristol and South
Lane. offers a more affordable location for West products and producers.
living, doing business and investing –– 15,000 sq ft of new office
than a primary market (London). accommodation.
New public realm, open spaces, –– 317 new homes.
courtyards and rooftop gardens –– A central tower that is set to mark
will deliver a high quality urban a change in the city’s approach
environment and there will be improved to density and the skyline to
pedestrian connectivity. A landmark become an iconic beacon for
22-storey residential development inner city regeneration.
will make the location stand-out and
embraces the area’s glass making The second phase it is due to start in
heritage. It also marks a departure mid-2017 with completion targeted
from Bristol’s reluctance to grant for the end of 2018. It will completely
planning consents on tall buildings. rejuvenate the area and establish it as
a desirable place to live, work and visit.
The project is being delivered
by Change Real Estate, Cannon
Family Office and ICG Longbrow,
with a total investment of around
£180 million. Construction on Phase
1, known as Samson Place, has
© Lyons Sleeman-Hoare Architects
already commenced and will deliver
128 residential units and retail units
across a 0.8 acre section of the site
and will retain some existing historic
facades in its design. The residential
units of the first phase have been
acquired by Fabrica (A2 Dominion)
as part of their PRS portfolio.10. Cribbs Patchway
New Neighbourhood
Cribbs Patchway New It includes the former Filton Airfield –– 150,000 sq ft new retail floorspace
and adjacent fields, the Cribbs and reconfiguration of an Asda
Neighbourhood (CPNN) is Causeway commercial area of the site, creating 200 new jobs.
located in the west of the Mall regional shopping centre, leisure –– The overall development of
North Bristol Fringe and complex and various trading estates. the area is also likely to change
It is located adjacent to other major
is one of the largest areas Patchway Trading Estate with
development sites including Horizon a new investment strategy.
of development activity 38, adjoining Rolls Royce site, Airbus
–– Merlin Road development of a
in the region. Campus and further residential
permanent ice rink and other
development at Charlton Hayes.
leisure and commercial uses,
This project comprises a number of creating around 250 jobs.
major schemes that will transform this –– £70 million investment in the
edge of Bristol into a new community Airbus plant site for a new office
and an attractive destination for campus (falls outside of the
both jobs and leisure activities. CPNN area but is adjacent).
The key schemes are: In addition, other nearby
–– Extension to the Mall Shopping schemes at the eastern edge
Centre comprising approximately of the north fringe include:
£300 million investment in an –– Frenchay Hospital redevelopment
additional 379,500 sq ft of retail and to provide 490 dwellings, a nursery
leisure floorspace and new public and other community facilities.
realm and transport enhancements,
–– Land east of Coldharbour
creating 3,000 new jobs.
Lane will be developed and
–– YTL are proposing a high quality high deliver 694 dwellings and
density mixed use development on extra care for 290 people,
143.73 hectares of land comprising:
–– An extension at the University of
residential development for up to
West England comprising 140 acres
2,675 dwellings and apartments, 40 x
of academic and admin space,
Live Work Units, 24ha of stand-alone
mixed use commercial development
employment land, 120 Bed Hotel,
and public transport hub at the
Rail Station, Education provision to
University West of England
include a Secondary School (8.31ha),
2 no. Primary Schools (total 5ha) and –– Harry Stoke development will
2 no. Children’s Nurseries, Community deliver 1,200 new homes and a © YTL
Centre incorporating Library, further neighbourhood to the
Built Sports facilities and Doctors east comprising 1,600 homes
surgery, Dental Surgery, 70 Bed and other community uses.
Extra Care Facility, Shops/Financial
Services/Food and Drink facilities,
Retail, Business Offices together
with; supporting infrastructure
and facilities. Infrastructure is
expected to begin construction
in the Spring 2018 and residential
phase 1 start in Autumn 2018.11. Horizon 38
Horizon 38 is a landmark The £120 million development will also North Bristol has seen some dramatic
include a 25 acre frontage to the A38, changes over recent years and this is
65 acre site in Filton, North with 200,000 sq ft of proposed offices, a hugely important scheme, at a site
Bristol and is opposite car dealerships, trade counters, self- that had been dormant since 2008.
the Cribbs Causeway storage and a major business hotel. It will create a vast number of jobs
and further establish the area as a
residential development. The Horizon 38 site was acquired
key employment centre in Bristol.
The developers secured by developers St Francis Group and
ISEC in 2015, and working with BP This is a major commercial
detailed planning consent Pension Fund they will deliver this development for the north fringe
for up to 1.2 million sq ft project, representing probably the of Bristol which, as an employment
of commercial space, in largest speculative scheme the area focussing on industrial and
addition to warehousing city has seen. It will provide much warehousing, will complement
needed good quality space at a the residential (2,600 houses) and
and industrial space. time when demand is outstripping retail developments at Cribbs
supply and there is a particular Causeway on the other side of
shortage of stock in North Bristol. the former Filton airfield.
Construction is now well underway,
following extensive groundworks, site
preparation and the implementation
of the main highway access. Delivery
will be phased, with a number of
buildings now complete and several
high profile occupier deals already
concluded, including Urban Village
Hotels and Selco builder’s merchants.
© ISEC12. Hengrove Park, South Bristol
Proposals for Hengrove It is intended that the former airfield recent years to the area, notably the
land will be redeveloped to a high Lakeshore development by Urban
Park are being progressed quality providing improved public Splash and Filwood Park Green
by Bristol City Council to amenity and accessibility across Business Park, together with the
deliver a new residential the site, whilst also delivering imminent start to the adjoining high
much needed affordable housing quality residential scheme by Barratt
led community of
alongside private housing. An Homes. In addition, the completion of
approximately 1,500 – outline planning application is the South Bristol Link Road, provides
1,800 new dwellings on expected to be submitted in 2018. for significant improvements to the
25 hectares (62 acres). road connections for the area.
An early phase of development
of this, in addition to the above There are also sizeable proposals
has been brought forward by the for the redevelopment of the former
Council, with Kier Living as the Somerfield HQ office building, known
development partner, whom have as Park View, located off Whitchurch
a planning application submitted Lane has permitted development
for 261 dwellings that is expected rights for conversion to residential
to secure approval in Spring 2018. apartments for 380 units. A screening
opinion has recently been submitted
The proposals for Hengrove Park
for an increased density of 629 units.
follow a number of successful public
and private sector developments in
© Bristol City Council13. Central Park, Severnside
Bordering the river Severn Take up has been unprecedented in Existing logistics occupiers include
recent years and it has now become a Tesco, The Range, Lidl, DHL,
and the M49 motorway , landmark in the national logistics map. Royal Mail, Farmfoods & Next.
close to the second Severn
Severnside is one of the largest new Fully funded and commencing
crossing , is a consented 650 employment opportunities in the in 2018, Highways England will
acre (263 HA) distribution Uk with original built distribution be constructing a new motorway
and industrial development. space at over 2.2 million sqft and a junction on the adjacent M49 which
further new 3.5 million sqft acquired will come straight into Central Park
by occupiers in the last 5 yrs. alone. and Westgate. Severnside is an
The principal developers have been Enterprise area and the support of
Severnside land (Central Park), the local LEP has been a fundamental
Hitchens / Redrow and ICI Estates. driver in delivering the project.
There is potential for a further
10 million sqft to be delivered with
huge employment and investment
opportunities for the wider region
© Severnside LandIf you’d like to talk to one of our team to discuss property services or any market leading research, please get in touch. Gordon Isgrove Regional Senior Director - Bristol 0117 988 5304 gordon.isgrove@gva.co.uk Jo Davis National Head of Planning, Development and Regeneration 0117 988 5224 jo.davis@gva.co.uk Richard Kidd Senior Director, Offices 0117 988 5244 richard.kidd@gva.co.uk Richard Howell Senior Director, Investment 0117 988 5210 richard.howell@gva.co.uk Joshua Rose-Nokes Senior Researcher 020 7911 2740 joshua.rose-nokes@gva.co.uk GVA Bristol St Catherine’s Court, Berkeley Place, Bristol BS8 1BQ GVA Offices Birmingham Dublin Leeds Manchester Linkedin/gvauk @GVAviews Bristol Edinburgh Liverpool Newcastle GVA is the trading name of GVA Grimley Limited. Cardiff Glasgow London ©2018 GVA File number: 11453 This report has been prepared by GVA for general information purposes only. Whilst GVA endeavours to ensure that the information in this report is correct it does not warrant completeness or accuracy. You should not rely on it without seeking professional advice. GVA assumes no responsibility for errors or omissions in this publication or other documents which are referenced by or linked to this report. To the maximum extent permitted by law and without limitation GVA excludes all representations, warranties and conditions relating to this report and the use of this report. All intellectual property rights are reserved and prior written permission is required from GVA to reproduce material contained in this report. GVA is the trading name of GVA Grimley Limited. ©GVA 2018.
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