The last remaining waterfront site in central Bristol is finally to be developed following the selection of Complex Development Projects Ltd (CDP) as the Council’s preferred developer last week.
Redcliffe Wharf, on the main route in from the station, has remained derelict for over 20 years with continual debate over the most suitable development of this sensitive site. CDP specialises in the partnership regeneration of difficult sites and is well suited to bring forward a high quality development with the Council, taking account of the views of local groups.
Speaking about the announcement, Ian Harrabin, CDP’s Managing Director said: “We are delighted at our appointment as this is the jewel in Bristol’s crown. It has a fantastic setting on the Floating Harbour and the location, close to both the station and at the gateway to the city centre, is second to none.”
CDP’s mixed use development proposals include a Grade A 34,000 sq ft office building plus two separate restaurant units, together with a mix of retail/workshop/small office units. In addition, 14 apartments will be created in converted warehouses and new buildings, all having outstanding harbour views. The plans incorporate the redevelopment of two buildings already on the site, one of which was used for the building of The Matthew, John Cabot’s replica sailing ship.
CBRE in Bristol has been appointed as the commercial agent on the scheme and has already secured positive interest from a local brewery for a waterside bar/restaurant unit incorporating a micro brewery plus considerable interest in the office building.
Caroline Mitchell-Sanders, Director for Development and Regeneration at CBRE in Bristol said: “CBRE is delighted to be involved with this high profile project. Redcliffe Wharf is in a great location offering a unique waterside environment of considerable historical importance. The offices will stand above everything else available in the city as the best landmark building, built to very high environmental standards. They are ideal for a single occupier who wants to make a statement in the city. The leisure units in particular offer a great opportunity that will appeal to innovative and entrepreneurial restaurant or café owners.”
CDP plans to start work on the development in 2013.
