The funding boost will result in more jobs, homes and opportunities for the city
Thousands of new homes and jobs will be created through the regeneration of Bristol Temple Quarter, thanks to £95 million in government funding, Levelling Up Minister Neil O’Brien MP announced in June
Bristol’s biggest ever regeneration project will deliver up to 10,000 homes and 22,000 jobs in a series of new sustainable and inclusive communities at the heart of one of the UK’s most productive and fast-growing city regions. The funding will unlock the first phase of this scheme, with future plans to develop 57 hectares of land across St Philip’s Marsh in phase two.
The scheme will help to address regional inequalities by focusing on a highly deprived area of Bristol, delivering new affordable homes, generating skills, training, and employment opportunities while improving transport, boosting regional productivity and economic growth.
The partnership between the West of England Combined Authority, Bristol City Council, Network Rail and Homes England will bring forward the regeneration of approximately 130 hectares – equivalent to about 182 football pitches – of brownfield land.
The latest government funding brings the total local growth investment in the West of England to £320m, in addition to £30m per year received through the West of England devolution deal.
The funding will also support the creation of three new or significantly improved station entrances planned to the north, south and east of Temple Meads. The new entrances will mean that the station no longer severs the connections between neighbouring areas but connects them instead. The new eastern entrance to Bristol Temple Meads will make it much easier to reach the station from surrounding neighbourhoods and creates a link to the new University of Bristol Temple Quarter Enterprise campus.
Transport connections will be further enhanced by the Government’s recent award of £540m through the City Region Sustainable Transport Settlement and a £132m rail investment with West of England Combined Authority’s in MetroWest to improve connectivity between Bristol and its West of England neighbours.
The Mayor of Bristol, Marvin Rees, said: “Temple Quarter creates the opportunity to make our city more sustainable and better connected, while providing the affordable homes, accessible jobs and training that our citizens want and need as we tackle the climate and ecological challenges.
“This announcement is extremely welcome and is the result of a productive partnership between Bristol City Council, the West of England Combined Authority, Network Rail and Homes England that first met in 2017 to plan for the successful regeneration at the heart of the city region.
“The partnership has brought forward a realistic, integrated vision to create a thriving new area of the city that will be key to Bristol’s and the city region’s journey to becoming an inclusive and sustainable economy, boosting Bristol’s role as a major driver of the city region and Western Gateway economies. This funding will unlock the infrastructure and public spaces needed to support further delivery on homes, jobs and inclusive growth and will underpin Bristol’s connectivity, sustainability, and path to carbon neutrality.”