Proposals to expand the Bristol Temple Quarter Enterprise Zone and redevelop the derelict George and Railway site for an expanded Engine Shed have been approved by Cabinet.
The extension of the Enterprise Zone, to include parts of Redcliffe and other sites close to the existing boundary, would allow future retained business rates to be used to further develop the zone and could contribute to the redevelopment of Temple Meads station, one of the last remaining unimproved mainline stations in the UK.
Subject to approval the extension would come into effect in April 2017.
Cabinet also approved a proposal to enter into an agreement with Skanska that could see the derelict George and Railway site close to the station redeveloped into a home for the expansion of the successful Engine Shed enterprise hub.
Mayor of Bristol, Marvin Rees said: “The potential development of Engine Shed II on the derelict George and Railway site offers an opportunity to create more space to inspire young people to be the entrepreneurs of the future while transforming a gateway site close to the station site that has been an eyesore for years.”
Nick Sturge, Director of Engine Shed said: “Engine Shed 2 will give us significantly more scale to deliver more economic activity in the city-region – that is more inclusive of the local, especially under-represented, communities. We want to create an environment that is iconic and representative of the ambition for the city.
The cross-party support from Cabinet members was a fabulous sign of the very Bristolian collaborative approach to long-term, sustainable and inclusive economic growth that exists in the West of England and we are proud to be a part of that.”