February 16, 2017
Finzels Reach is one of the largest and most exciting mixed use developments in the South West. The 4.7 acre site has a rich history in sugar refining and brewing and lies on the Floating Harbour a short walk from Temple Meads Railway Station and Cabot Circus.
Over the past 4 years, Bristol-based developer Cubex Land, with its shareholders and funding partner, Palmer Capital, have rapidly transformed the site. It was acquired from receivers after a previous attempt to regenerate it ran into difficulties and had left the site derelict.
On acquisition the site had a single 115,000 sq. ft. office building (only 25% let) and 140 residential apartments of which half lay empty and unsold.
Cubex and Palmer Captial have spent three years creating a new community on the site with over £100 million worth of office space, £100 million worth of residential space, and nearly £50 million worth of leisure space.
By 2019 some 2,500 people will be living and working at Finzels Reach, with 437 new apartments, alongside 240,000 sq. ft. of new office space. It will become a magnet for the public and tourists with 30,000 sq. ft. of shops, restaurants, a micro-brewery and a 168 -bedroom new Premier Inn hotel.
Please click the link below for a short infographic which showcases the fantastic evolution of this site: