To facilitate further rejuvenation of the Redcliffe area of Bristol, Redcliffe MCC LLP, a joint venture between Change Real Estate and Cannon Family Office, has just acquired a further 2.29 acres of land from Carlyle Group, in a deal brokered by property adviser GVA. This site received planning permission in 2010 for a mixed use scheme – Redcliff Square – including a range of retail units, residential and hotel use, offices and student accommodation.
New plans for another residential and retail development have also been submitted to Bristol City Council. On behalf of Redcliff MCC, GVA has drawn up the application for a mixed use development on a 0.8 acre, former car park site close to Bristol Bridge. The application includes 136 residential units and 4 retail units at “Sampson Court” – 25 Redcliff Street, 14 and 14a St Thomas Street. Designs include retaining the façade of 14a St Thomas Street to maintain its locally listed status.
The Redcliff Square site, which borders Redcliff Street, St Thomas Street, and Three Queens Lane will now form future phases of the new owners’ development, and plans will be amended to fit with the new application which has just been submitted.
The two sites combined will comprise over 500,000 sq ft of mixed use development.
Ron Persaud, Director at Redcliffe MCC says, “This area of Redcliffe has so much potential. With the submission of our application for Sampson Court, and the acquisition of the adjacent land we are in a position to move forward with our plans to create a vibrant community in this part of the city.”
Richard Kidd, Director at GVA in Bristol, who advised on the land acquisition, says:
“Just ten minutes’ walk from Cabot Circus and Temple Meads, this new development will further enhance this area for visitors, and those looking to experience living in the heart of this energetic city.”
