Developer launches £35m mixed use scheme in centre of Bristol
A new residential scheme is set to be built on land being used for a car park close to the centre of Bristol.
The £35m scheme, which is made up of 120 new homes, has been brought forwards by Knight Frank in a joint venture with Goram Homes.
Goram Homes is owned by Bristol City Council and was set up to work with developers to deliver mixed developments of affordable and private homes.
The site, which is opposite St Mary Redcliffe Church, could accommodate up to 120 homes – 40 per cent of which would be a mixture of social rent and shared ownership.
The plans have been developed in partnership with the Bristol Housing Festival, which has run a design competition.
Nick More, partner in the South West land team at Knight Frank, said: “There has been a long-held aspiration in Bristol to reunite North and South Redcliffe.
“The creation of a major mixed-use development and improved public realm on the Portwall Lane Car Park forms part of this overall aspiration, and its launch to market marks an exciting step forward in delivering that vision.”
He added: “The site has huge potential to revitalise this corner of Bristol, delivering new homes alongside retail amenity and improved public realm. As a highly publicised site in Bristol, Portwall Lane Car Park has garnered much interest over the years.”
Stephen Baker, managing director of Goram Homes, said: “This is an exciting opportunity to develop new homes and public spaces in a highly sustainable, central location.
“Working alongside the community during the design competition has created a proposal that puts the neighbourhood’s needs front and centre and we are looking forward to working with a developer to bring this vision to life.”