Deeley Freed, with LaSalle Investment Management, has consulted a major redevelopment of The Galleries, Bristol.
The Galleries shopping centre, built in 1991, was purchased by LaSalle Investment Management from InfraRed Capita in 2019 and has seen a 35 per cent reduction in footfall following the pandemic.
Designed by AHMM, the 4.8-acre development will be all-electric and is aiming to achieve BREEAM ‘Outstanding’ certification through the use of air source heat pumps, photovoltaic panels, green and blue rooves and flexibility around a future connection to the Bristol district heat network.
The £550 million proposals include complete demolition of the Galleries, which is set to be replaced with 450 homes with an affordable allocation of at least 20 per cent, 32,500 sq m of office space, up to 800 student beds, a 300-room hotel, and 5,200 sq m of shops, leisure, and community facilities.
In addition to this, 35 per cent of the five-acre site is set to be public realm, and there will be new greening of the site with new direct links to the adjacent Castle Park.
A spokesperson from Deeley Freed, said: “This is a once-in-a-generation opportunity to create a world-class vibrant destination, one which will help reinvigorate Bristol’s city centre, responding positively to the changing ways we now live, work and shop.
“The proposed development would be a truly mixed-use and diverse scheme with restaurants, shops and leisure, office space, health facilities, a hotel, open market and affordable homes and student living that focuses both on the day and night-time economy.
“It will provide a complementary balance and range of uses that support the local community, boost the economy, address Bristol’s changing needs and priorities and ensure it continues to provide something for everyone.
“The current centre occupies five acres of the city centre and the intention is to convert 30 per cent of this into new quality public realm with urban greening and greater social inclusion.
“The centre also currently turns its back on Castle Park and the proposals look to reverse this , especially along Newgate where new terraces are planned for cafés and restaurants facing the park.
“We’d like to emphasise that we are at an early stage and the Galleries will remain open as usual for at least the next two years. We’d encourage people to continue to shop and support their local traders.”
The consultation ended on August 15, and full details can be found here.
Following the consultation, an outline planning application for the scheme is set to be submitted in early 2023.
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