This 6 acre site is now one of the most exciting mixed use developments in the South West. The landmark Caste Bridge, opened in April 2017, was an integral part of the Finzels Reach scheme. It delivers greater connectivity for pedestrians and cyclists between Temple Meads train station and Cabot Circus.
By the time it completes, Finzels Reach will deliver 437 apartments of which 55 are affordable and 194 are delivered to the Build to Rent partner, Grainger. Aurora, a 95,000 sq ft 2 Grade A office building is BREEAM outstanding and LEAD Gold Standard building that has achieved record rental levels in Bristol. When finished the scheme will see 2,400 people living or working at the development producing an overall investment value of £270 million. The site was acquired for £45 million in 2013.
Cubex plans a extension of its mixed-use scheme at Finzels Reach that, subject to planning, will incorporate a 100,000 sq. ft. Grade A office building, together with over 300 homes likely to be for rent rather than sale and including 20% affordable housing for what is one of the last regeneration sites remaining in the central Bristol business district. The new mixed-use scheme will be made up of a series of buildings, each surrounding a landscaped courtyard. Cubex promises to work with Bristol City Council and neighbours to make Temple Back and Temple Street more pedestrian and cycle friendly. Work has now started after planning consent was secured, with the construction starting in Q2 2020.
The site acquired On behalf of on behalf of Palmer Capital Development Fund IV UK (PCDFIV), a programmatic venture between CBRE GIP and Fiera Real Estate’s UK division (previously known as Palmer Capital), Bristol developer Cubex unconditionally purchased the former headquarters site of Avon Fire and Rescue in Bristol city centre in a significant transaction for the city.
Urban and Brownfield Development opportunities actively sought.
Cubex are urgently seeking land or office and industrial buildings in urban locations with mixed use, residential planning potential or prime sites with or without consent;
- £100M to invest
- £1M to £50m lot sizes
- Unconditional acquisitions a speciality
- Option and promotion agreements with landowners
- Defined exit within 5 years
- Brownfield or Greenfield sites
- Contamination or existing buildings
- No income required
- Business plans can be executed with PLC housebuilders who are unable to buy unconditionally
Bristol, Bath, Somerset, Taunton, Exeter, Cheltenham, Gloucestershire, Oxford, Oxfordshire, Salisbury, Cardiff
Bath Business Park, was the first mix use business park in the Bath region for decades bringing together a uniquely different mix of occupiers. The 26 acre business park, funded by Palmer Capital Development Fund I, is home to Mercedes and Audi dealerships, the Bath Fertility Clinic and the first Circle hospital in the UK as well as campus offices and an industrial park.
Unlike the traditional business park model, Bath Business Park was designed to appeal to a diverse range of occupiers who would not usually be found together - from the typical office occupier to businesses including healthcare, construction, telecoms & photography. The business park is also home to the Foster-designed CircleBath hospital. The final phase of the scheme saw the sale of the remaining 3.1 acres to a subsidiary of motor group Hartwell who developed showrooms and workshops. Now fully occupied over 350 jobs have been created in 250,000 sq ft of space, delivered during the grip of recession.