Watkin Jones has successfully obtained Gateway 2 approval for an ambitious 484-bed purpose-built student accommodation (PBSA) project located on Malago Road in Bristol. This approval marks a significant milestone for the £100m scheme, which is being developed in partnership with Maslow Capital, enabling the full construction phase to commence soon.
Project Overview and Design
The development will be situated on a brownfield site within Bristol’s Temple Quarter regeneration area. It plans to offer a diverse range of living options, including studios and cluster rooms spread across three blocks, with 30 of these units being non-ensuite. Notably, the design aims for high sustainability standards, targeting BREEAM Excellent, EPC B, and WiredScore Platinum ratings. These credentials are part of Watkin Jones’s strategy to enhance its sustainability profile while futureproofing its rental portfolio against evolving market demands.
Timeline and Strategic Goals
The project is slated for completion ahead of the 2028 academic year, aligning with the growing demand for quality student accommodation in the UK. Gwyn Pritchard, the managing director at Watkin Jones, expressed that the approval reflects the strength of their partnerships, the quality and innovation in their design, and the dedication of their teams to deliver high-quality living environments for students.
Additional Developments in Bristol
This recent approval follows the Gateway 2 clearance received earlier this year for another Bristol project, Freestone Yards, a £60m development consisting of 201 beds. This initiative is being realised through a joint venture between Moorfield Group and Tiger Developments. Both projects underscore the vibrant growth potential in the Bristol student accommodation market, showcasing the increasing interest and investment in purpose-built student housing.
This ongoing commitment to developing high-quality, sustainable student accommodation aligns with broader trends in the UK PBSA market, where demand continues to rise, driven by an increasing student population and a focus on enhanced living experiences.