AXA submits Assembly Bristol plan
AXA Investment Managers – Real Assets has submitted an application for its Assembly Bristol regeneration project’s overall masterplan and first building.
Building A will be 180,000 sq ft of flexible workspace expected to complete by 2018. Savills and JLL have been appointed to let the building.
Under the masterplan, three buildings will be created in the Temple Quarter across 300,000 sq ft of mixed-use buildings and public spaces.
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AXA Investment Managers – Real Assets has submitted an application for its Assembly Bristol regeneration project’s overall masterplan and first building.
Building A will be 180,000 sq ft of flexible workspace expected to complete by 2018. Savills and JLL have been appointed to let the building.
Under the masterplan, three buildings will be created in the Temple Quarter across 300,000 sq ft of mixed-use buildings and public spaces.
Detailed design and the planning process for the second and third buildings that make up the masterplan will be reviewed to fit emerging occupier demand.
Public realm, rooftop gardens and a mix of indoor and outdoor amenities will also link Temple Meads Station, the city centre and the retail area at Cabot Circus, which is 50% owned by AXA IM – Real Assets.
Harry Badham, UK head of development at AXA IM – Real Assets, said: “We believe this site has the potential to provide businesses with an environment that will help them attract leading talent, while also ensuring that it fits into Bristol’s city centre. Our aim is to be on site to deliver the first of the three buildings during 2017 and we look forward to sharing our plans for the rest of the scheme in due course.”
In November 2015, AXA acquired the 1.5-acre development site on behalf of its fourth generation development fund, Development Venture IV, and expects a decision early in 2017.
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