AXA Investment Managers - Real Assets has submitted a planning application to Bristol City Council for the overall masterplan and first building of its Assembly Bristol regeneration project in the UK.
The 1.5-acre development site in Bristol’s Temple Quarter has been acquired by the firm on behalf of its fourth generation development fund, Development Venture IV, in November 2015.
The new 27,871sq m masterplan will include the construction of three buildings, comprising retail space, offices, restaurants and public spaces.
The first building of the Assembly Bristol regeneration project, known as Building A, will offer 16,700sq m of flexible workspace.
The building features openable windows, external terraces and prominent interconnecting staircases, fronted by a major new landscaped square and garden joining the waterfront.
Harry Badham, UK head of development at AXA IM - Real Assets, said: “This is the next stage of this exciting concept for both us, our clients, and for Bristol City Centre. We are working with a professional team to bring forward the vision for this site, which we believe has the potential to provide businesses with an environment that offers the opportunity to attract leading talent, whilst also ensuring that it fits seamlessly into Bristol’s city centre.
“Our aim is to be on site to deliver the first of the three buildings during 2017 and we look forward to sharing our plans for the rest of the scheme in due course.”
Building A is expected to be complete by 2018. The planning process for the second and third buildings is set to be reviewed to fit emerging occupier demand.
The development is aiming to achieve a BREEAM Excellent rating, WELL certification and a Platinum Wired Score.
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