Bristol Temple Quarter Regeneration Project - Private Sector Partner

Description

The transformation of Bristol Temple Quarter is one of Europe's most ambitious city centre regeneration projects. It presents a unique opportunity to create at least 10,000 new homes, over 22,000 new jobs and bring £1.6bn annually to the city-region economy. The delivery of Bristol Temple Quarter is underpinned by a long-standing working relationship between Bristol City Council, Homes England, West of England Combined Authority (also referred to as the Mayoral Combined Authority or MCA) and Network Rail. In March 2024, Bristol City Council, Homes England and the MCA ("BTQ LLP Members") formed Bristol Temple Quarter LLP ("BTQ LLP"), formalising their long-term commitment to transform the area. BTQ LLP will be the contracting authority that undertakes the procurement process for a potential private sector development partner and contracts with the successful bidder. Network Rail is working closely alongside BTQ LLP to facilitate comprehensive regeneration within Bristol Temple Quarter. Whilst not a member of BTQ LLP, there are provisions to allow for Network Rail to become a Member of BTQ LLP in the future.