The South West branch of the Association of Women in Property have been given a guided tour of work in progress at Redcliff Quarter.
Redcliff Quarter, which is being developed by Change Real Estate in a joint venture with Cannon Family Office and ICG Longbow, is one of the city’s most exciting regeneration projects. The £180 million, 600,000 sq ft development will transform a derelict and little used area in the heart of Bristol into a vibrant centre that will make a positive contribution to the city. The mixed-use development will comprise residential, restaurants, hotel, offices and a European style food hall, and will provide much sought-after link between the Harbourside and new development around Temple Meads.
With the first phase of development well underway – comprising 128 residential units for private rent – the Women in Property group saw at first hand the 3.3 acre site, and heard from contractors Galliford Try about the project. Phase one is due for completion in July 2018. It is anticipated that preparation works on phase two, including archaeology, will start later this year.
The freehold of phase one has been sold to A2Dominion, who will market the units under their FABRICA brand for private rent.
When complete Redcliff Quarter will make a positive contribution to the local economy, creating around 4-500 jobs and an estimated £7million per annum.
Rachael Sherratt from Noma Architects, who organised the Women in Property event said, “The event created a lot of interest from members and non-members demonstrating how keen people are to see what developments are happening in the heart of Bristol. It is a great opportunity to see a construction project in progress and appreciate the challenges associated with of a project of this scale located in the city centre. There is talk of another visit closer to completion and we are looking forward to that.”