Bristol’s tallest residential building given green light
Plans for phase two of the Redcliff Quarter development, which include Bristol’s tallest residential building, have been given the go ahead by Bristol City Council.
Change Real Estate will now move forward with the £180 million regeneration project which includes a Radisson Red lifestyle hotel and a food court run by Michelin-starred chef Josh Eggleton, as well as a roof-top restaurant, cafés, offices and 317 new homes.
Together with phase one of the development, Redcliff Quarter comprises 3.3 acres of land in the heart of Redcliffe which has been neglected for almost 20 years. It is estimated that 500 jobs will be created and about £7 million per annum will be contributed to the local economy once the development is complete.
The project is a joint venture between Change Real Estate, Cannon Family Office and ICG Longbow. Bristol-based construction consultancy, Gleeds, has been working closely with the companies to achieve this milestone, providing cost and project management services.
Ron Persaud, director at Change Real Estate, said: "We were able to see the long term potential in this site from day one, to transform a derelict and little used area into a development that will make a positive contribution to Bristol. Situated in the heart of a conservation area we know that we are guardians of a much loved and protected part of the city."
Gleeds director for Bristol, Terry Langdon, added: “This is a really exciting time for the city of Bristol and we’re looking forward to seeing this regeneration project come to life. Not only will it provide a new urban hub for the people of Bristol, but it will help to boost the local economy and bring further investment to the region.”
The business has also been working with Change Real Estate on Redcliffe Parade West, a sustainable residential restoration project of a parade of Georgian houses that date back to 1768.