£35m Bristol Temple Quay Office Development Tender
Salmon Harvester Properties, a joint venture between Salmon Developments and NFU Mutual, are ready to begin developing the £35m Two Glass Wharf, Temple Quay office development in the centre of Bristol within the next few months. The scheme, with ancillary retail and restaurant use, sits within the city’s Enterprise Zone and will be the first speculative development in Bristol for four years. The project is now going out for tender with a targeted completion date of mid-2014.
Salmon Harvester Properties acquired the Two Glass Wharf, Temple Quay site (0.3 acres) in November 2010 from PWC and Lloyds Bank as part of the Castlemore administration. The site sits adjacent to Bristol Temple Meads Station and the Floating Harbour and has established itself over the last 15 years as Bristol’s main office centre.
Planning consent for a 145,000 sq ft gross, seven storey headquarters office building, together with ancillary retail and restaurant use at ground floor level, had already been granted. Ground works have already been completed to create a basement car park with 43 spaces plus 75 bicycles. A transfer slab creating a new ground floor has also been completed.
Rorie Henderson, Development Director at Salmon, said: “The site is ready for delivery and we are now going out to tender. We anticipate a start on site in the Summer. Tenants at Two Glass Wharf will benefit from a first class location in the heart of Bristol, a waterfront setting and all the infrastructure and financial advantages of being located within the Enterprise Zone. We have acquired three adjacent sites in Temple Quay over the last two years and this is the first phase of our development plans.”
Bristol Temple Quarter Enterprise Zone successfully bid for £20.8m of funding from the Local Infrastructure Fund last autumn and are currently working up the detailed plans for 17 pieces of infrastructure in the zone. These will improve access between sites and open up the public space, creating better pedestrian and cycling access and improved road layouts, including as the roundabout at Temple Circus.