BAM Construction has broken ground on CEG’s EQ development, an office project in the south of England, UK.
Located at 111 Victoria Street in Bristol, the 200,000ft2 project will be a glass building. It will include a rooftop bar, restaurant and business lounge with communal terrace.
It will also have a ground floor café kitchen, along with a 50-seat auditorium.
The facility will feature a fitness suite, break out space, a dedicated bicycle entrance and ramp from Temple Street.
The basement will provide easy access to more than 260 cycle spaces. The facility will offer health club quality changing and shower facilities.
The building will provide large open plan office floor plates of up to 27,377ft2 in Bristol. CEG’s ‘Let Ready Go’ studio concept will also be offered in the building.
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The building will offer fully-equipped internet-ready workstations, which will enable businesses to set up immediately. It will also offer access to high-quality meeting and amenity space.
The project will create more than 500 construction jobs during the two-year building programme.
Upon completion, the project will accommodate over 2,000 people and deliver £466m GVA (gross value added) per annum from direct and indirect operational jobs.
CEG investment manager Paul Richardson said: “We are making an immediate start on-site in order to be in a position to offer 200,000ft² of the highest quality office space ready for occupation by the first quarter of 2023.
“There is an acute shortage in supply of Grade A offices in Bristol and we’ve already seen a record number of pre-let office deals in the city this year.
“We adopt an innovative approach to leasing, to deliver flexibility, as well as offering tenant fit-outs, which reduces an occupier’s capital spend traditionally associated with a relocation.”
Designed by architect Aukett Swanke, the building will feature photovoltaic units on the roof, rainwater harvesting with efficient heating, cooling and lighting systems.
It will have extensive cycle parking, showers, electric vehicle and e-bike charging points. The building aims to achieve a BREEAM Outstanding rating.
The office building will also be connected to Bristol City Council’s District Heating Network.
The building is designed as a Smart Tech-enabled building. It will also have fewer touchpoints, increased air changes and air quality sensors which will benefit the occupiers in a post-Covid world.
CEG has appointed Jones Lang LaSalle and Cushman and Wakefield to launch the building to market.
Ground broken on EQ development in the Bristol City Centre. (Credit: Royal BAM Group nv)