The transformation of a derelict part of Redcliffe – the last largely undeveloped area of central Bristol – is to go ahead following the green light for a new mixed-use scheme from the city council.
The first phase of developer Change Real Estate scheme, pictured, includes 128 residential units and three or four retail units in Redcliff Street and St Thomas Street.
Clearance work on the 0.8 acre site, close to Bristol Bridge, starts this summer, with building work due to commence in the autumn.
The £180m, 500,000 sq ft development is being brought forward as a joint venture between Change Real Estate, Cannon Family Office and ICG Longbow.
Plans for phase two, on 2.3 acres of adjacent land bordering Redcliff Street, St Thomas Street and Three Queens Lane, will be submitted to the council early next year.
Change Real Estate director Ron Persaud said: “This is great news. We are now able to progress with phase one of our vision for Redcliff Quarter, which will create a vibrant and exciting community in the heart of this historic and much loved area of Bristol.”
The developer has a track record of dealing with difficult and complex sites or properties, where a combination of failed planning applications, unviable planning consents, contamination, multiple ownerships, poor or limited access and similar problems has prevented development.