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£550m GDV Bristol shopping centre redevelopment approved



Planning permission has been approved for a £550m GDV mixed-use redevelopment of the Galleries shopping centre in Bristol.


When finished, the 4.8-acre site will consist of 450 new homes, 20% of which will be affordable housing, a 750-bed PBSA and 43,000 sq ft of office space.

Approval of the hybrid planning application allows demolition and enabling works to commence, with further building details to be considered by the committee at a later date.

The basement and foundations of the existing shopping centre will be reused with solar panels installed to deliver a 40% reduction in carbon emissions.

The committee voted unanimously to approve planning permission for the project by Deeley Freed in collaboration with LaSalle Investment Management.

Max Freed, director at Deeley Freed, commented: “As a local business, the Deeley Freed team is extremely proud to be the developer behind this project.

“It’s taken us four years of intensive work - collaborating with your dedicated officers - to finally reach this hugely important milestone.

“This is a crucial scheme for Bristol, one which unlocks the wider regeneration of Broadmead.

“Having considered all options, it became clear the site needed wholesale redevelopment, not just for the benefit of the Galleries but for the whole city.”

 



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