Bath & North East Somerset Council has selected Legal & General (L&G), in partnership with Bell hammer, as the development partner for Bath Quays North in the UK.
Bath Quays is the council’s flagship regeneration project, which is located on the north and south side of the river between Churchill Bridge and Green Park.
The outline planning permission was granted for the development of Bath Quays North in August 2018. It is a 5.5-acre riverside site in Bath City Centre, which will be redeveloped into a 306,000ft² office-led, mixed-use scheme.
L&G Capital head of urban regeneration Rachel Dickie said: “We are delighted to have been selected to develop Bath Quays North and look forward to working with the council to bring our vision for Bath to life.
“Our investment partnerships in cities such as Cardiff and Newcastle are already delivering at pace, and we believe that our plans for Bath Quays North will have a significant positive impact on the city centre, generating employment opportunities and economic growth.”
Allies & Morrison Architects has developed the masterplan for Bath Quays North. The masterplan provides between 15,000m² and 27,500m² for offices, 6,300m² and 18,000m² for residential areas, and 3,500m² of retail / F&B.
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By GlobalDataBath & North East Somerset Council leader Tim Warren said: “We look forward to working with our development partner Legal & General, who shares our vision to transform Bath Quays.
“The Bath Quays North site represents the most significant office expansion in our city for a generation, securing our economic future for years to come. By providing high-quality workspace we can attract and retain high-value businesses in the city, resulting in higher wage jobs and improved opportunities for residents.”