Legal & General submits planning for the £350m Bristol Temple Island masterplan regeneration project

As a leading pensions provider in the UK, L&G is committed to making long-term investments in infrastructure and housing to create a better built environment where our savers reside. L&G’s strong track record of delivering large-scale regeneration schemes in cities like Newcastle, Cardiff, and Sunderland, and extensive network of partnerships with the public sector enable it to deliver place-based initiatives that understand and address local needs and priorities.

Located in the heart of the Bristol Temple Quarter regeneration area, Temple Island is set to become a new urban district with centrally-located homes, high quality workplaces, and inclusive employment opportunities for the local knowledge economy, promoting innovation and economic growth.

The development aims to deliver 520 new homes, two new office buildings, retail space, flexible workspace, and a new hotel with conference facilities, all of which are expected to create up to 2,000 new jobs. In addition to L&G's commitment to deliver the national policy level of affordable housing, it is working in partnership with Bristol City Council, the West of England Mayoral Combined Authority, and other public sector partners to deliver on its ambition to provide a truly inclusive community with 40% of all housing catering to social and affordable rents, shared ownership, and Keyworkers at sub-market rents. All of these housing needs were clear in L&G’s pre-planning engagement with local communities.

Central to L&G’s approach to urban development and placemaking is a focus on long-term sustainability and social inclusion. All commercial buildings will target BREEAM¹ Outstanding status, with excellent public realm that enhances biodiversity through planting and habitat creation, as well as creating new spaces people can enjoy.

The scheme aspires to provide significant connectivity improvements to neighbouring areas and promote low carbon lifestyles by minimising car use with new pedestrian and cycle routes. Our public engagement has suggested that exemplary building design and inclusive public spaces are of key importance to the local community and potential occupiers. World-renowned architects Zaha Hadid have been engaged to design the masterplan and building concepts and are working with specialist architects LDA Design to consider the public and landscaped areas.

Submission of the planning application follows a significant period of consultation, with three rounds of community and stakeholder engagement.

References

¹The Building Research Establishment Environmental Assessment Method (BREEAM) is used to specify and measure the sustainability performance of buildings, ensuring that projects meet sustainability goals and continue to perform optimally over time.