{"id":95024,"date":"2021-06-21T10:11:26","date_gmt":"2021-06-21T09:11:26","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=95024"},"modified":"2021-06-21T10:11:26","modified_gmt":"2021-06-21T09:11:26","slug":"bristol-temple-island","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/bristol-temple-island\/95024\/","title":{"rendered":"L&G agrees \u00a3350m investment in Bristol Temple Island"},"content":{"rendered":"

Legal & General<\/a> has agreed terms with Bristol City Council<\/a> to invest \u00a3350m into Bristol Temple Island to transform the vacant site into a new urban quarter<\/h2>\n

Bristol Temple Island will support the city\u2019s plans to build back better<\/a> and back the creation of 2,000 new jobs.<\/p>\n

Temple Island will complement the wider \u2018Temple Quarter\u2019 partnership, which includes Bristol City Council, the University of Bristol<\/a> and Network Rail<\/a>.<\/p>\n

The Temple Island scheme will enable the growth and innovation stemming from the University\u2019s neighbouring new Innovation Campus by providing incubator space, affordable housing and new employment opportunities for the local knowledge economy.<\/p>\n

Designed by Zaha Hadid Architects<\/a> (ZHA), the scheme will include a large capacity conference centre and exhibition space, a 345-room hotel, 550 new homes (including 220 new affordable homes) and two major Grade A office buildings<\/a>.<\/p>\n

As part of its commitment to tackle the growing climate crisis,\u00a0Legal & General\u2019s scheme will be heated by a District Heating Scheme provided by Bristol City Council and the buildings will target a minimum of BREEAM Excellent status.<\/p>\n

\u2018A city for all\u2019<\/h3>\n

Nigel Wilson, CEO of Legal & General, said: \u201cOur investment partnerships in cities such as Oxford, Manchester, Cardiff and Newcastle are already delivering at pace, and likewise our vision for the Temple Island will deliver a much-needed new quarter in Bristol.<\/p>\n

\u201cThe conference centre will attract delegates from around the world, whilst the offices and affordable homes will meet an urgent local need and support new ways of living, post-pandemic.<\/p>\n

\u201cWe have been attracted by Bristol City Council\u2019s commitment to become a \u201ccity for all\u201d. aligning with our ambitions to level up across UK regions and cities, using the power of pensions.<\/p>\n

\u201cAlongside, we firmly believe this development offers a perfect complement to Bristol University\u2019s new Innovation Campus, providing space to incubate new talent and start up companies coming out of the university.\u201d<\/p>\n

Following the agreement of terms, Legal & General will be launching the first phase of its public consultation on the plans for Temple Island.<\/p>\n

Further details about the initial phase of public consultation will be released over the summer.<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

Legal & General has agreed terms with Bristol City Council to invest \u00a3350m into Bristol Temple Island to transform the vacant site into a new urban quarter.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[997,283,572,669],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-95024","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-development","8":"tag-finance","9":"tag-housebuilding","10":"tag-regeneration"},"acf":[],"yoast_head":"\nL&G agrees \u00a3350m investment in Bristol Temple Island<\/title>\n<meta name=\"description\" content=\"Legal & General has agreed 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