Alder King has been pivotal over the past 20 years in the conception, planning and delivery of Temple Quay in Bristol, one of the UK’s most significant regional prime brownfield mixed use urban regeneration schemes.
1994: Alder King introduces 23 acre brownfield development opportunity to Castlemore Securities Ltd
1995: Secured the development opportunity and planning permission for 100,000 sq m of mixed use development.
1997 onwards: Phase 1 (Core site) Delivered nine schemes of development totaling over 70,000 sq m.
2003: Completed the assembly of Phase 2 (North shore) and in 2004 obtained planning permission for in excess of 100,000 sq m of additional mixed use development. Completed four major transaction/schemes of development before Castlemore entered administration in 2008.
In the period of Castlemore’s ownership Alder King’s team, led by John Benson, were the sole retained property advisers in relation to site assembly, viability, development consultancy, marketing, occupational agency, estate and property management, forward funding and investment sale, completing in excess of £400 million of projects.
2009: Jointly appointed by PWC as administrators to dispose of both completed development and undeveloped plots. This included the investment sale of the completed £93 million One Glass Wharf development let to Burges Salmon and the sale of the majority of the undeveloped sites to Salmon Harvester Developments and NFU.
2010 to date: Reappointed by Salmon Harvester Development/NFU, Alder King has been active in 2 Glass Wharf let to PWC (2015) and 3 Glass Wharf let to HMRC (2016) and is currently promoting 4 Glass Wharf.
Temple Quay is the catalyst for the wider Temple Quarter Enterprise Zone and core to Bristol long term development.