£150m property scheme in heart of Bristol finally completes

A five-year £150m mixed use property development in the heart of Bristol has finally completed.

Finzels Reach, a landmark collaboration between award-winning developer Cubex, funder Fiera Real Estate and global property advisor JLL, is now fully open.

The scheme brings together three separate projects alongside £5m of public realm.

The Halo development consists of 116,000 sq ft of grade A, sustainable office spaces that is already home to law firm Osborne Clarke and Deloitte.

Halo is one of the UK’s most sustainable offices, becoming the first outside London to achieve BREEAM Outstanding upon completion.

Elsewhere on the scheme are 231 build-to-rent apartments that form Millwright Place.

The £63m project has been built with socialising and community events front of mind and includes rooftop terraces, shared entertainment spaces and cycle storage and maintenance facilities.

Finzels Reach also boasts Coopers Court, a 10-storey scheme comprised of 66 affordable homes that include social rented and shared ownership properties.

The collaboration is continuing in the Bristol living sector with JLL delivering Cubex’s latest acquisition, a purpose-built student accommodation scheme on a brownfield site located in the Temple Quarter Enterprise Zone in the centre of the city.

The site is located less than a three-minute walk from the University of Bristol’s new Temple Quarter Enterprise Campus and will have a gross domestic value above £100 million. The project, which will deliver on market leading sustainability credentials, including BREEAM Outstanding, EPC A and a Wired Score Platinum, is being designed using low carbon materials and will be heated via the UK’s largest water source heat pump.

William Tomlinson, development director at Cubex, said: “The collaborative approach to delivery at Finzels Reach has resulted in the completion of an incredible new neighbourhood that will serve Bristol for years to come. We are excited to continue our relationship with JLL as we move forward in the living sector to deliver a best in class, sustainable development for the benefit of Bristol.

“The quality of each of the projects, alongside their sustainability credentials and calibre of commercial clients, will ensure Bristol remains the South West’s prime place to work and live. Our collaboration with JLL on the project shows that city centre mixed use schemes can be sustainable, attractive and something locals can be proud of.”

Stuart Brown, director – Project Management, at JLL, said: “Finzels Reach has been a labour of love over the course of a decade to bring to reality a modern, sustainable scheme that Bristol has been crying out for for years. We’re proud of the work the JLL team has done and look forward to seeing it serve as a hub for wider growth in the city.”