The future of commercial development in Bristol

The future of commercial development in Bristol

The potential future for commercial development in Bristol and North Somerset.

In this article we are discussing the potential future for commercial development in Bristol and North Somerset. North Somerset Council is planning to build 20,000 homes in the county and there is also a push for increased ‘affordable housing’ in Bristol. Due to this we expect an increased demand for commercial development across Bristol and North Somerset.

Housing projects at Filton Airfield are incorporating commercial property and development into residential plans. Construction of the YTL arena is one example of this. These will create large increases in residential property while also attempting to meet the creation of commercial demand. However, housing develompents outside of Bristol in commuter towns such as Nailsea are more focussed on residential demand and housing targets.

Bristol is internationally known for its sustainability, being named Europe’s green capital in 2015. Sustainable Food Places awarded Bristol with the gold sustainable food city status earlier this year. This sustainable and green outlook could play into the future of commercial development. Especially as sustainability and affordability are already significant focuses of planned projects in Bristol’s future.

Developments throughout Bristol are intending to incorporate improvements to bus and train links. These include the regeneration projects in Knowle West and Hengrove as well as the previously mentioned YTL arena at Filton Airfield. The Brabazon estate development has plans to build the biggest park in the southwest for 50 years. This is another example of residential developments providing green spaces and more than just housing in the Bristol area.

Outside of Bristol…

However, in North Somerset presently there have been several developments that have prioritised the need for residential over commercial property. In Wraxall the Battleaxes pub is an important area for members of the local community to meet up. Thankfully for the residents, North Somerset Council has halted a recent attempt at conversion into a residential property due to local complaints.

In Bradley Stoke, residential development has taken over an area designated for a health care centre near Willow Brook shopping centre. Current housing demand and government targets will likely lead to prioritisation of residential developments. However, commercial property will have to be developed alongside, which is being considered for the many developments in Bristol but less so for ones taking place in North Somerset. The lack of commercial development is especially important for towns such as Yatton and Nailsea where thousands of homes are going to be created.

Weston-Super-Mare will also receive a large increase in residential homes. Specifically in ares north of the A371 and east of the M5. As the largest settlement in North Somerset there is the most space and infrastructure available for growth. But again there are no plans for increasing commercial developments in the area.

Covid-19 Impacts…

The impacts of Covid-19 on commercial business and property development may have significantly altered plans across the UK. However, the need for affordable housing is still present and will continue to push residential development.

We just hope that commercial considerations are taken into account in local areas to provide long term jobs for the residents. While also preventing a pattern of increased commuting and car use due to infrastructure falling behind. Although, we fear this may have already started happening.

For more information about the future development plans in Bristol and North Somerset, look at Brabazon Estate and YTL Arena planned development. As well as regeneration and planning projects in North Somerset.

Photograph by grant associates.

For more articles like this, go to our Articles page (or click here for our previous article), and also consider signing up to our Newsletter! For enquires head to Contact Us and for more information on what we do click here! We have also written other articles about Bristol on the nightlife industry, Pedestrianisation, The Hatchet, and Investing in Weston-Super-Mare!


This entry was posted in Articles and tagged , , , , . Bookmark the permalink.

Posted on by JS Reakes

Further Reading

23
Feb

Property Investment and Management Identifying your budget

Property Investment and Management for Beginners From First Purchase to Managing a Portfolio – Identifying your budget Continuing on our journey exploring property investment and management for beginners from first …

Read More
25
Jan

Property Investment and Management

Property Investment and Management for Beginners from First Purchase to Managing a Portfolio.  Over the coming months we are taking a look at property investment and management for beginners from …

Read More

Sign up to our newsletter