The University of Bristol has appointed Cushman & Wakefield to find a developer for a circa £175m purpose-built student accommodation scheme, consisting of 864 bedrooms.
The development is located at Temple Island, next to the university’s new Temple Quarter Enterprise Campus.
The site will have planning permission for 770 en suite cluster beds and 94 studios, and will consist of three interconnecting buildings arranged around a central courtyard.
The university will grant a new 150-year headlease and seek to enter a 25-year nomination agreement on the completed development.
The proposed scheme, designed by AHMM, will provide amenity-led student housing with heights varying between 12 to 21 storeys.
The site sits at the entrance to Temple Island, which also has proposals from Bristol City Council and Legal & General to bring forward a £350m 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: “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. The university is seeking a strategically aligned entity with suitable development and funding capabilities to deliver a project of around £175m.”
Once completed, the university’s new campus will have delivered around 2.3m sq ft of teaching, research, and innovation-led facilities in Temple Quarter. The first phase, a £500m 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.
Image © AHMM
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