Commercial Property Developments

Total office occupancy costs in Bristol, at £40 sq.ft.p.a. are less expensive than other comparable UK cities such as Edinburgh, Manchester, Birmingham and Leeds.

(CB Richard Ellis, May 2009, Global MarketView Office Occupancy Costs).

The Bristol city-region has been designated as a national 'growth point' by the UK government. This brings with it supportive policies and resources to enable the expansion of population, housing, employment, transportation and other infrastructures.

Bristol Property Agents Association Newsletter

The growth strategy proposed involves creating 100,000 new jobs and 92,500 new homes over the next 20 years with the major development concentrated in Bristol city centre and South Bristol.

At the same time, there is a strong commitment across both public and private sectors to ensuring that these goals are approached in a truly sustainable manner worthy of a 'green capital' in Europe and without compromising the excellent 'West Country' quality of life currently enjoyed.

Major economic development and infrastructure projects with a total value of £3 billion are presently under construction or in the planning pipeline across the city-region up to 2012.

Photo of Harbourside office These span across office, industrial, retail, leisure/culture, transport schemes and education sectors and include expansion of the port, airport and public bus networks and a new Skills Academy and secondary schools for Bristol.

"Key to Bristol's success is the wide selection of office accomodation available, both in and out of town. We continue to see exciting new office developments spring up across the city as developers respond to the strong numbers of businesses looking to secure new premises in Bristol" (Simon Price, Head of Agency, Alder King).

Portwall Place promotional video

The principal commercial property development areas and sites include: