L&G unveils vision for Arena site in Bristol
Legal & General has unveiled its alternative vision for Bristol’s “Temple Island”, subject to the mayor’s decision on the best use of the plot, as it looks to transform the five acre site into a vibrant new quarter for the city.
Plans include a large capacity conference centre and exhibition space, a 345-room hotel, 550 new homes, and two major office buildings.
The site has been at the centre of an ongoing political debate which dates back to 2003, and has long been the desired location for a 12,000 seater arena. Recently, however, Filton Airfield has been mooted as a potential location, leaving L&G to propose its vision for the long-stalled city centre site.
Legal & General has unveiled its alternative vision for Bristol’s “Temple Island”, subject to the mayor’s decision on the best use of the plot, as it looks to transform the five acre site into a vibrant new quarter for the city.
Plans include a large capacity conference centre and exhibition space, a 345-room hotel, 550 new homes, and two major office buildings.
The site has been at the centre of an ongoing political debate which dates back to 2003, and has long been the desired location for a 12,000 seater arena. Recently, however, Filton Airfield has been mooted as a potential location, leaving L&G to propose its vision for the long-stalled city centre site.
[caption id="attachment_941374" align="aligncenter" width="847"] The site will host hotel, homes and office buildings[/caption]
Bristol City Council is expected to make a decision in September’s cabinet meeting.
Legal & General has invested over £240m in the Temple Quarter area – including recently funding the development of a new civil service hub to the north of the station for more then £70m.
Nigel Wilson, CEO of Legal & General, said: “Our investment partnerships in cities such as Cardiff and Newcastle are already delivering at pace, and likewise our vision for Temple Island could deliver a much needed new quarter in Bristol, with the conference centre it needs to attract events and delegates from around the world, whilst also generating employment opportunities and economic growth.
“We have been attracted by Bristol City Council’s commitment to become a ‘city for all’ and, with our existing significant stake in Temple Quarter, want to see the best decision for the city prevail.
“We firmly believe this mix of development at Temple Island best complements the broader regeneration proposals for the area surrounding a redeveloped Temple Meads station, and offers a perfect fit with Bristol University’s new Innovation Campus.”
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