1st March 2017
One of Bristol’s first PRS scheme receives City Council support
Alder King Planning Consultants, supported by a financial viability assessment by the firm’s Development Consultancy team, have secured a resolution to approve planning permission from Bristol City Council for the development of a 255 unit build to rent scheme on behalf of Legal & General Property Ltd.
The development, known as ND7, is Bristol’s first build to rent scheme to secure planning committee support and will help meet the city’s urgent need for good quality city centre rental accommodation.
The scheme is located on a 0.88 acre brownfield site within the Temple Quay Enterprise Zone and is ideally located for private rental housing being close to Temple Meads Station, Cabot Circus, the future Bristol Arena and several of the city’s major employers.
It will comprise an 8 to 11 storey building, with 5,769 sq ft of ground floor commercial units and improved public realm areas.
Nicola Sully, Principal Planner at Alder King, commented: “We are delighted to be involved in helping deliver one of Bristol’s first build to rent schemes.
“While discussions around height and the percentage of affordable housing were particular challenges, we were pleased with the level of support we received both from City Council Officers and Committee members. We very much look forward to working with L&G and the City Council to deliver the benefits that this type of housing will deliver to the people of Bristol.”