Bristol’s skyline is set for a transformation with the acquisition of a new student accommodation project that will stand as the city’s tallest building upon completion in 2028.
- The development, strategically located by the Bearpit roundabout, was acquired by Cain International, marking a significant investment in Bristol’s urban landscape.
- Planned to eclipse the current height record held by Castle Park View, the two towers will feature a combination of standard and co-living units.
- Despite initial criticisms regarding its height and proximity to a historic church, planning permission was granted earlier this year.
- The project addresses the increasing demand for student housing and reinforces Bristol’s status as a key university city.
The acquisition of the site for Bristol’s newest student accommodation was recently confirmed by asset manager Cain International, who is collaborating with the developer Olympian Homes on this ambitious project. Situated near the Bearpit roundabout, this development is not only poised to reshape the city’s skyline but also to accommodate the surging demand for student housing in the area.
Standing at 28 storeys tall, the building will surpass the Castle Park View’s record of 98.37 meters set in 2020. The development involves the demolition of the existing 1970s Premier Inn and the construction of two towers – one comprising 442 beds and the other 132 spacious co-living units. Designed to offer around 15,000 sq ft of amenity space, the facilities will include a cinema, fitness suite, study areas, games room, and group dining facilities, aimed at enhancing the living experience of its residents.
With completion targeted for the 2028-29 academic year, RG Group has been appointed to oversee the project’s delivery. The central location, coupled with excellent transport links, highlights the development’s potential to meet the needs of students at Russell Group university cities.
Despite facing some opposition, particularly concerning its height and closeness to a Grade-I listed church, the project received approval from Bristol City Council’s development control A committee. The developers argue that the construction of these towers will not only replace an outdated building but also alleviate the pressure on family housing stock within the city center.
Cain’s involvement in this project is part of its broader strategy to invest in purpose-built student accommodation. The total gross development value of Cain’s PBSA equity platform has reached approximately £800m, reflecting its commitment to delivering high-quality living environments for students across major university cities. Olympian Homes, having a noteworthy track record in delivering high-rise living assets, expresses confidence in their partnership with Cain International and RG Group to bring this project to fruition.
The development of Bristol’s tallest building symbolizes a forward-thinking investment in student accommodation, set to meet growing demands.