Scheme gets biggest investment yet of Get Britain Ðǿմ«Ã½ scheme cash
The stalled redevelopment of over 600 homes at Bristol Harbourside will get moving again following fresh funding from the Homes and Communities Agency.
The HCA has invested £12m, the biggest investment yet under its Get Britain Ðǿմ«Ã½ programme, to get the construction of the first 200 homes underway.
The plans for the development also include a new hotel and 250,000ft2 of retail and office space.
Stuart Hatton, managing director of Umberslade, said: “This investment has played a significant part in helping unlock the continued development of what has been a huge success story for Bristol over the last 25 years.
“We see this as a vote of confidence in what we are working to achieve and we’re focused on ensuring that this investment makes a positive difference to the city centre.â€
Bristol mayor George Ferguson also praised the scheme and said he was hoping to secure more funding under the Get Britain Ðǿմ«Ã½ programme for other projects in the city.
The agreement will see developer Umberslade start work on the project in March.
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