Bristol Temple Quarter Enterprise Zone
Bristol Temple Quarter is the West of England’s Enterprise Zone. It will act as a magnet for inward investment and boost the local economy by creating thousands of new jobs.
Creston is first to take up space in the Temple Quarter Enterprise Zone
Creston, an insight and communications group, is the first major relocation to take up space in the Temple Quarter Enterprise Zone.
They have taken 27,200sqft of Grade A, waterfront, office accommodation at West Wing, One Glass Wharf, Temple Quay and will use the space for two of its industry leading marketing agencies, EMO and The Real Adventure.
Don Elgie, Chief Executive of Creston, said: “We are pleased to have agreed the deal on the West Wing at One Glass Wharf and are looking forward to enjoying the business benefits on offer at the Enterprise Zone. We currently plan to be in the space before April 2012 and are keen to become part of the thriving Bristol business community as soon as possible.”
Bristol City Council Leader Barbara Janke said: "This is an excellent start for 2012 for the Temple Quarter Enterprise Zone. It signals the attractiveness to the private sector of relocation to this area and their business confidence in Bristol. I hope this is the first of many such moves as the Enterprise Zone builds momentum this year."
The Zone features an extensive range of development opportunities ideal for meeting the needs of national and international investors. It will be the perfect location for creative minded businesses wanting to innovate, network and thrive.
"We chose to move to Temple Quarter partly due to its location within the new business district of Bristol and its excellent transport links and partly because, being a new build, it gave us the opportunity to design the interior to meet the specific needs of our business, using the space as efficiently as possible." Burges Salmon
Creative and technology companies already located within Temple Quarter include Artswork Media, BBC Studios and Post Production, BT, Big Blu, Element78, Epic Photography, Fujitsu, Gravity Ltd, Hope Music Group, Ignition, Open, Positive, ScaryCat Studio, Signal Network, the white balance and Wrap3. Temple Quarter also includes an established cluster of financial and professional services companies as well as various civil service depts and agencies.
The Enterprise Zone covers circa 70 hectares (173 acres) of land surrounding Bristol Temple Meads Railway Station.
Initial analysis suggests that its renewal and redevelopment will lead to the creation of almost 17,000 new jobs over a 25 year period.
These jobs will be accommodated in over 240,000 sq m (2.6 million sq ft) of new or refurbished space featuring offices, research and development floor space and retail as part of a wider mixed use development that is highly attractive to businesses looking to relocate.
Temple Quarter offers occupiers a range of BREEAM “excellent” buildings and unrivalled transport links to London and the rest of the UK via the adjacent Temple Meads mainline railway station. This means staff can reach London by train in approximately 1 hour 40 minutes.
Temple Meads will become a highly attractive gateway for businesses that befits an internationally competitive city. It will attract investment and businesses from around the globe.
There will be a particular focus on attracting creative industries and technology, but it will be a hub for all creative minded businesses. Very high speed, pervasive digital connectivity will be a central feature of the Zone.
The Zone will also benefit from the highest sustainability credentials befitting a Green Capital. It will be highly accessible, benefiting from electrification of the Great Western mainline plus local transport enhancements such as the Bus Rapid Transit. It will also include a rich variety of spaces ranging from high quality refurbishments to brand new space meeting the highest standards of eco- efficiency and design.
We are discussing with Government the detail of a business rate discount that will apply in the Zone and are exploring a relaxation of some planning requirements to speed development whilst retaining and respecting the area’s historic context.
The Zone will create a shop window for investors and attract investment, jobs and business to locations across the breadth and length of the entire city region.
Together with the West of England’s 5 Enterprise Areas – Avonmouth/Severnside, Bath City Riverside, Emersons Green/Science Park, Filton/A38 and the Weston Regeneration Area – the Zone will play an essential part in supporting the growth of the city region’s economy.