Warehouse premises in Bristol feel prosperity as Taylor Wimpey secure deal
House builder Taylor Wimpey has acquired more than 150 acres of land at Emersons Green, near Bristol, to develop about 2,000 homes and employment land over the next 10 years.
The acquisition is one of the largest land transactions in the region in recent years.
This deal shows the level of confidence that investors have in the area. The homes are projected to be filled and jobs created and taken. This will help achieve a new level of growth and prosperity in the area.
Taylor Wimpey will invest more than £100m in the development, which will complement the existing community at Emersons Green, and include shops, schools and a local centre as well as homes and commercial space.
Matthew Hiles of CJH Land said “from start to finish, the whole deal took about 12 months, which may sound like a long time, but considering the amount of work necessary to purchase a site of this size in three separate transactions, it is actually quite quick.”
“All of the housebuilders and developers we work with are seeking new land opportunities as the housing market in this part of the country seems pretty stable.”
The West is pretty stable compared to the rest of the country and investors and businesses are taking advantage of this. The Bristol and Avonmouth area are highly desirable with distribution and manufacturing premises playing an important role as growth and expansion continue.
Source: Bristol Business News