South Gloucestershire Council Set to Approve Over 20,000 New Homes by 2040 Apr 18, 2024 The leader of South Gloucestershire Council has outlined a plan to address the housing shortage in the district by setting the stage for the construction of over 20,000 new homes by 2040. This ambitious plan includes developing more than 7,000 homes on previously undeveloped land. The emerging Local Plan details the allocation of these new […] Posted by: Mya Driver Read more
North Somerset launches Consultation for Local Plan Apr 18, 2024 North Somerset Council is undertaking another round of consultation on its draft Local Plan. This is set to take place during the summer. The council began preparing a new Local Plan for North Somerset in 2020. This document identifies where development can and cannot take place in the area, and guides investment for new housing, […] Posted by: Mya Driver Read more
Torquay Town Board Confirms Success of Torbay’s Regeneration Partnership Apr 12, 2024 Torbay’s efforts to revitalise its townscape are gaining momentum, with Torquay’s Town Board praising the positive outcomes from recent partnerships aimed at enhancing the area. Torbay Council, alongside Willmott Dixon and Milligan, known collectively as WDM, are steering redevelopment projects with an eye on long-term benefits for the locale. Since November 2023, when the collaboration […] Posted by: Mya Driver Read more
Sirius Real Estate expands UK portfolio with £48.25 million business park acquisition Mar 27, 2024 Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has exchanged contracts on the acquisition of Vantage Point Business Village, a multi-let business park in Gloucestershire, for a total acquisition cost of £48.25 million (€56.4 million), representing a net […] Posted by: Mya Driver Read more
Zorin Finance £25M Loan For Former RAF Base Mar 15, 2024 Zorin Finance has successfully finalised a £25 million loan for a residential project located on the grounds of an erstwhile Royal Air Force base in the South Hams district of Devon. The venture is set to deliver 98 homes across seven stages, featuring a blend of 68 private residences and 30 affordable housing units. Additionally, […] Posted by: Mya Driver Read more
Bristol Set for Transformation with £350 Million Temple Island Regeneration Mar 14, 2024 Legal & General has set the stage for a dramatic transformation in Bristol with the unveiling of a £350 million redevelopment plan for Temple Island. This ambitious project aims to inject new life into the currently underutilised space near Temple Meads, turning it into a bustling urban district. The redevelopment encompasses a comprehensive mix of […] Posted by: Mya Driver Read more
Somerset Council Eyes Sale of County Hall Section to Cut Costs and Generate Funds Mar 8, 2024 Somerset Council is contemplating the sale of a portion of its County Hall premises in Taunton. The move comes as the newly formed unitary authority, established in 2023 following the merger of five councils, finds itself with an excess of office space. C Block, located within the County Hall complex, has been identified as a […] Posted by: Mya Driver Read more
Hines acquires 260-bed PBSA development in Bristol Mar 8, 2024 Hines, the global real estate investor, developer and property manager has acquired a new 260 bed PBSA (‘Purpose Built Student Accommodation’) development at Gas Lane in Bristol on behalf of the Hines European Property Partners Fund (HEPP). The agreed sale will represent the first transaction between Hines and Watkin Jones, a leading UK developer and […] Posted by: Mya Driver Read more
Hereford Council Seeks Development Partner for Edgar Street Stadium and Student Flats Project Mar 7, 2024 Herefordshire Council is on the hunt for a development partner to spearhead the creation of student accommodation and a new stand at Hereford FC’s Edgar Street stadium. This initiative comes as part of a plan to replace the currently unusable Blackfriars Street stand, deemed a health and safety hazard and described as “dilapidated” in recent […] Posted by: Mya Driver Read more
Bristol’s Filton Airfield to Transform into £5 Billion Brabazon Housing Development Mar 4, 2024 South Gloucestershire Council has given the green light to YTL Developments for their ambitious plan to construct 6,500 new homes on the historic Filton Airfield, marking a major stride towards creating a new urban quarter in Bristol. The project, named Brabazon after the iconic Brabazon aeroplane built on the site, is set to include the […] Posted by: Mya Driver Read more
