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TEMPLEBACK THE REGION’S LARGEST SPECULATIVE OFFICE DEVELOPMENT TAKES SHAPE IN CENTRAL BRISTOL

125,000 sq ft site will score high in the sustainability stakes

A 125,000 sq ft speculative office building is taking shape at Redcliffe in Bristol – the largest due to be delivered in 2008.

The London-based UK and European Investments scheme being built by Carillion, which will be able to house over 1,000 people when it completes in November 2008.

The development has already attracted interest from a number of occupiers according to joint letting agent, Chris Howell of King Sturge.

“The building is setting new benchmarks in the city, both in terms of environmental sustainability and quality of design,” he said.

London architects Moray Smith have designed the entrance hall which will sit behind the retained façade of what was Bristol‘s first public electricity supply generating station, which was built in 1893.  

Utility costs are becoming increasingly important to office occupiers, according to Mr Howell, and with Energy Performance Certificates for commercial premises due to come into effect later in the year, occupiers will soon have the opportunity to compare running costs and the carbon footprint of their existing buildings against new developments.

“Templeback will score well here with energy costs anticipated to be around 50 per cent lower than that of a mid-1990s building,” comments Mr Howell.

The building is the first in Bristol to achieve a BREEAM “Excellent” 2006 rating.

“The other big additional draw of Templeback is the 20,000 sq ft floor plates overlooking the floating harbour,” says Mr Howell.

“There is a very definite trend of businesses taking larger and larger floor plates to enable effective working practice. Templeback will allow this.

“Bristol outperformed all other regional centres outside London in 2007, with the exception of Manchester, with 896,000 sq ft committed by occupiers in the city centre. We believe that schemes of this quality will only help the city increase its status as a major regional capital.”

Joint letting agents on the scheme are King Sturge and Hartnell Taylor Cook.

ENDS             17th March 2008

For further information please contact Neil Fraser, Sturgess Van Damme, on 01275 349011 or email neil@sturgessvandamme.co.uk

Notes to editors

King Sturge is one of the largest international property consultancies in Europe (52 offices in 17 countries), with a comprehensive network of over 165 wholly owned and associated offices throughout the world.  Over 3,800 staff throughout these offices cover all property sectors and specialisms, including plant and machinery.  In Europe, King Sturge operates in principal mainland European cities.

In Asia Pacific, King Sturge has associations in Australia, Indonesia, Malaysia, New Zealand and Singapore.

In North America, King Sturge has business partners in the Americas and Canada through King Sturge CORFAC International.