A car park in Bristol city centre has been brought to market with proposals to transform the site into a new £35m development.
Bristol City Council’s housing company, Goram Homes, is looking to turn the Portwall Lane Car Park in Redcliffe into a mixed-use scheme which could provide up to 120 homes. It has now appointed consultancy firm Knight Frank to help find a developer to partner it on the project.
Goram Homes said the properties it is hoping to build on the 0.84-acre brownfield site, located on the opposite side of Redcliffe Way from St Mary Redcliffe Church, would be available through a mixture of social rent and shared ownership. It added that 40% of the homes could be classified as affordable housing.
Knight Frank said an “improved public realm” linking the north and south of Redcliffe was also among aspirations for the site. Goram Homes said it had consulted local residents as it considered early design plans for the regeneration.
Stephen Baker, managing director of Goram Homes, said: “This is an exciting opportunity to develop new homes and public spaces in a highly sustainable, central location.
“Working alongside the community during the design competition has created a proposal that puts the neighbourhood’s needs front and centre and we’re looking forward to working with a developer to bring this vision to life.”
Nick More, Partner in the South West Land team at Knight Frank, said: “As a highly publicised site in Bristol, Portwall Lane Car Park has garnered much interest over the years. Local residents will be excited to hear that the plans are progressing, and that the site has been launched to market.”
Interested parties are being invited to register an expression of Interest with a shortlist to then be invited to tender.
Read next:
- Rightmove rival OneDome takes over Bristol mortgage broker in pre-pack administration deal
- Bristol City Leap renewable energy deal set to be worth £1bn to city
- EasyJet adds Bristol Airport flights as part of schedule growth
- Owner of catering giant Nisbets seeks investment as firm plots major expansion
Like this story? Why not sign up to get the latest South West business news straight to your inbox.