UK-based developer Ashfield Land has received planning approval from South Gloucestershire Council to construct an £100M office building at Bristol Parkway Station.
The 19,000sq m HQ office project, named The Approach, will be developed on the site located off Hunts Ground Road, immediately east of Bristol Parkway Station.
Ashfield Land believes that the project’s rail connections will be maximised with the electrification of the Great Western line — which is set to reduce journey times and increase frequency to London and other destinations into South Wales — and the opening of Crossrail in 2017/18.
A new link road will also be built offering direct access to the M32.
Ashfield‘s land director James Digby said: “Bringing 19,000sq m of excellently-connected office space forward is a strong sign of confidence in the Bristol occupier market.
“The area has a strong track record in attracting major organisations particularly in financial services, defence and aerospace. The approved plans maximise the site’s location and public transport connectivity and will offer a stand out scheme for any corporate occupier.”
The project is expected to be complete in 2018.
* Data provided by Timetric's Construction Intelligence Center.