Key opportunities and challenges
In March 2024, the Bristol Temple Quarter LLP was incorporated. This new joint venture between the Temple Quarter partners gives a single public sector body to drive forward the comprehensive regeneration of the area. The partners have agreed to pool their land, to enable the right development in the right places.
Bristol Temple Quarter will be delivered in two phases, supported by an emerging masterplan that will set a framework for new development.
Phase 1:
Development in Bristol Temple Quarter around Bristol Temple Meads station, supported by £94.7m government funding.
Development will include include new commercial and residential schemes, alongside key infrastructure improvements, including three new entrances to Bristol Temple Meads station.
Deliver development value of £845 million
Create 2,500 new homes and 2,200 direct jobs by 2032
Phase 2:
Regeneration of St. Philip’s Marsh to the east of the station, totalling 65 hectares.
Strategic flood resilience infrastructure is required to address key site constraints in St Philip’s Marsh to enable new jobs and significant housing. Bristol City Council has worked with the Environment Agency to create the Bristol Avon Flood Strategy which will unlock several strategic sites including Temple Quarter. An initial £88m funding has been identified to support the first phase of flood resilience infrastructure with a further £128m required to deliver the full scheme.