Minister visits new Temple Quay office development
Planning Minister Nick Boles visited Bristol recently to inaugurate Salmon Harvester Properties’ 2 Glass Wharf office development in Temple Quay.
He welcomed the start of work on the 100,000 sq ft (9,290 sq m) £35 million scheme – which sits within the city’s Enterprise Zone – and applauded the developer for building the first speculative development in Bristol for several years.
Attended by more than 70 members of the property and business community, the event marked the official start on site for the project and in addition to Nick Boles, guests were addressed by Bristol Mayor George Ferguson and Rorie Henderson, Development Director at Salmon Harvester Properties.
The event was also attended by Lord Deben (Rt Hon John Gummer), the former Secretary of State for the Environment.
Speaking at the event Planning Minister Nick Boles comments: “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.”
The building has been designed with energy efficiency in mind, with a number of energy conservation initiatives..
The first phase of the project, which will be worth an estimated £35 million on completion, is being funded by NFU Mutual who are likely to retain the completed and let building as part of their property investment portfolio.