Planning Minister Nick Boles today welcomed the start of work on Bristol’s first speculative development for several years. The 2 Glass Wharf office development, located within Bristol Enterprise Zone, is a 100,000 sq ft £35 million scheme and a symbol of the Zone’s enterprising potential.
Nick Boles said:
“Enterprise Zones are playing a vital role in securing economic growth around the country and this scheme in Bristol is a prime example of the opportunities they can bring.
“The Zones are already making a big difference by attracting increased investment to the UK – half a billion pounds so far – and creating over 4,600 jobs in just a year and a half.”
Bristol Mayor, George Ferguson comments:
“I’m delighted to see work starting at Two Glass Wharf. It’s great news for the city and a real vote of confidence by Salmon Harvester in the Temple Quarter Enterprise Zone and Bristol’s growing economy.
“This is the first major speculative development within Temple Quarter and I hope will act as a catalyst for the development of adjoining sites. It is further demonstration that we have an attractive proposition for investors, offering a first-class location, great connectivity, a talented workforce and major investment in infrastructure over the next few years, coupled with great financial incentives. I look forward to this high specification, low energy new building, securing tenants and bringing more long term jobs and investment to the city region.”
Rorie Henderson, Development Director at Salmon Harvester Properties commented:
“We are delighted that Nick Boles has taken such an interest in the project and talked to us about the importance of Enterprise Zones and developments such as 2 Glass Wharf. Our appointed contractor Wates has started constructing the building’s frame and we will be completing the building by the end of next year. We have acquired three adjacent sites over the last few years and this is the first phase of our development plans at Temple Quay.”
The development has planning permission for a 7 storey headquarters office building, together with retail and restaurant use.