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Aparthotel element considered for major Bristol mixed-use scheme

George Sell Uploaded 25 March 2021: UK: A major mixed-use redevelopment proposal in Bristol has been recommended for approval subject to being referred to the secretary of state for housing, communities and local government for comment.

The £175 million scheme could create more 2,000 new jobs in the construction phase and once the development is complete.

In plans submitted by Cushman & Wakefield and drawn up by Woods Bagot, developer First Base is seeking permission to transform the Soapworks site, including the former Gardiner Haskins warehouse, in Old Market, with a mixed-use development, adjacent to the Temple Quarter Enterprise Zone.

The applicant is seeking planning permission for a development to include build-to-rent residential accommodation, offices and employment floorspace, and ground floor commercial space, along with a significant element of new public realm. The project includes two new buildings and a restoration of the grade II-listed Soapworks building. The application is designed to accommodate some flexibility in the floorspace, to allow part of the residential element to be used as an aparthotel.

A new 20-storey tower forms part of the proposal which, according to a planning report would be transformative of the character of the area given its scale.

Lucinda Mitchell, project director at First Base, said: "We are delighted that our plans to bring the Soapwork’s back to life have been recommended for approval. Our proposals will create new jobs, homes and community amenities, supporting Bristol’s inclusive and sustainable recovery. I’d like to thank the local community for their support and for helping us shape these plans."

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"ULF is a long needed innovative approach. The blend of content demonstrates that hospitality provides the increasingly crucial thread through so many real estate classes and not only refers to traditional hotels and serviced apartments but has already permeated the residential markets in their increasingly varied formats. Now these services are expanding into the residential innovative care and office markets in the UK and overseas. We are witnessing the market converging at pace as investors seek optimum yield across a variety of urban asset classes. These are exciting and pioneering times and I look forward to expanding my horizons at this unique event"

Laurence Geller CBE, CEO Geller Capital Partners

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