Hammerson, Marks & Spencer and a joint-venture between Equity Partnership and Lend Lease have made the short-list for the redevelopment of the notorious Stonecutter Court site in central Bristol.
All three are thought to have proposed retail-orientated schemes of some 27,870 sq m (300,000 sq ft) for the site, which adjoins Bond Street in Bristol’s prime shopping pitch.
Land Securities has also looked at Stonecutter Court but a spokesperson would not comment on whether it had bid for the site.
The development site has been put together by NPI, which together with another two freeholders, Bristol city council and Wyndham Investments (Allied Domecq’s pension fund), relaunched the site in February.
Stonecutter Court, which incorporates an NCP multi-storey car park, has an existing consent for an office scheme but met with little success when marketed as an office location.
M&S is already committed to The Pru’s Cribbs Causeway development North of the city and has a store in the Broadmead Centre. The retailer is believed to be looking to develop or secure a unit of up to 13,935 sq m (150,000 sq ft). One of the attractions of the Stonecutter Court site is that it could potentially be linked to Broadmead.
EGi News 26/09/97
