The University of Bristol has appointed Cushman & Wakefield to identify a developer to deliver a new £175 mln (€203 mln) purpose built student accommodation (PBSA) scheme on Temple Island, located adjacent to the University’s new Temple Quarter Enterprise Campus (TQEC).
The site will have planning permission for 864 student bedrooms – 770 en-suite cluster beds and 94 studios – and will comprise three interconnecting buildings arranged around a central courtyard.
The proposed student residential scheme, designed by AHMM, will provide high-quality amenity-led student housing in a sleek grid façade with heights varying between 12 to 21 storeys.
The University will grant a new 150-year headlease and seek to enter a 25-year Nomination Agreement on the completed development.
The site sits at the entrance to Temple Island, which also has proposals from Bristol City Council and Legal & General to bring forward a £350 mln regeneration project to deliver two office buildings, 500 Build-to-Rent apartments, conferencing, hotel facilities and significant public realm, biodiversity, and infrastructure improvements.
Nick Allan, International partner in Cushman & Wakefield’s Capital Markets team who is leading the project for the University, said: 'We are delighted to be offering this truly unique opportunity on behalf of the University of Bristol to deliver a flagship PBSA development. This project sits in the heart of the city next to the University’s game-changing Temple Quarter Enterprise Campus project. A striking 21-storey design fronting Temple Island, it will deliver much needed student accommodation in the most constrained student market of the major UK cities.'
Once completed, the University’s new campus will have delivered approximately 210,000 m2 of teaching, research, and innovation-led facilities in Temple Quarter. The first phase, a £500 mln development, is under construction with delivery due in 2026. It will bring together around 4,600 students, 650 staff and 350 partners alongside space for civic activities.
