Redcliffe is one of Bristol’s most historic trading quarters. Set in the heart of the city centre, it has been an eyesore of derelict industrial buildings for far too long. Thankfully times are changing. The area that was derelict for 25 years will be transformed by Redcliffe builders into a new neighbourhood. They’ll be adding restaurants, hotels, offices, food courts and apartments. The trading quarters take their name from the red sandstone cliffs that are found to the South of the floating harbour.
Bristol has been enjoying large amounts of rejuvenation in the last decade. The Harbourside development is another area that has been successfully transformed. Planning permission for the new project was received in November 2016, after a the successful land acquisition of 2014. The exciting project will bring life back into an area that has been seriously neglected, creating short and long term job prospects for locals.
Redcliffe Builders : 500 New Jobs to be Created in the Redcliffe Project
An estimated 500 jobs will be created for Redcliffe builders when the project gets underway this year. These 500 jobs will be in construction of the new area, with a further 250 jobs to be created upon completion. Estimates are also quoting a 7 million pound figure for the local economy on completion of the project. The 2.5 acre site is situated between Redcliff Street, St Thomas Street and Three Lanes Square.
The exciting new venture is costing around 180 million pounds and is a joint venture between Change Real Estate, Cannon Family Office and ICG Longbow. With construction set to start in the coming months, the project is exciting for locals as well as for investors. On completion of the area you will find apartments, shopping areas, mezzanines, restaurants, a food court and more.
The old trading quarters have been neglected for well over 2 decades. Yet it’s in such a prime location that Redcliffe is set to become an important area of property investment. Apartments will be built by local builders, creating an exciting chance to snap up a luxury living space in the centre of the city.
If you are considering a move to Bristol, then living in Redcliffe could be an option for you. If you love city life and the hustle and bustle of the street, a luxury apartment in the old trading quarters could become your perfect base. As an investor, the potential for resale on such apartments is exciting. Invest in off-plan apartments today and watch their value rise.
Here at Bristol Builders Network, we can offer you sound advice on purchasing property in the Redcliffe area. We have contacts in the building trade all over the city and can recommend the best construction teams available. Contact us today for advice on which area to buy property in and finding the best Redcliff builders for your new home.