Who is the new developer for Bristol Carriageworks?

Carriageworks facadeThe Carriageworks has a new developer!  Following much recent speculation the Carriageworks Action Group has confirmed that the new developer is the Bristol based PG Group. PG have exchanged contracts with Opecprime (aka Comer Homes) to purchase the freehold of the Carriageworks and Westmoreland House site and aim to start building in January.

Stuart Gaiger, PG Group Development Director, said: PG Group logo - new developer of Carriageworks“The PG Group has acquired the site from Opecprime Properties Ltd with the benefit of the planning consent granted in July last year, and will now start work on a wide range of preliminary assessments,”

Gaiger went on to say that purchase of the site would allow the creation of a development that could contribute positively to an already vibrant community. “We want to deliver an enterprising development that respects and reflects the community ethos and, given the independent spirit that flourishes around the area, we look forward to some lively and interesting discussions.”

Lori Streich, Chair of Carriageworks Action Group, said: “We welcome this news that PG Group are buying the Carriageworks and Westmoreland House site. For over 25 years the communities adjoining Stokes Croft have lived with the neglect and dereliction. As a local developer we hope that PG Group will have the skill and commitment to deliver a development of which the community can be proud”.

Stuart Gaiger and his colleagues from the PG Group will be attending a Community Meeting on Wednesday 14 June, 6pm at the Kings Centre, King Square where they will say more about their plans and proposals to get the development going.

2MD’s Role with Carriageworks Action Group

2MD Regeneration has been facilitating and advising the Carriageworks Action Group(CAG) since it was formed in 2011.

  • We coordinated the consultation and writing of the Community Vision, published in 2012, which was subsequently adopted by Bristol City Council and became the ‘moral high ground’ for all proposals for the site.
  • We supported CAG and provided technical advice while the City Council started compulsory purchase (CPO) proceedings in 2012/13, culminating in the appointment of Knightstone as the preferred developer. However, the site owners then granted an option to purchase to London based Fifth Capital. This put the CPO process onto hold and Knightstone subsequently withdrew. Fifth Capital submitted a planning application in 2014.
  • We provided critique and commentary on the proposals which attracted 1400 objections and a referral by the Planning Committee back to the applicant with an instruction that they work with CAG to address a range of shortcomings. Fifth Capital, to their credit, then constructively engaged with CAG and this resulted in planning permission being granted in October 2015.
  • Since then we have supported CAG in its ongoing discussions with Fifth Capital, keeping the pressure on to ensure that the scheme did not grind to a halt amidst funding challenges.
  • Fifth Capital have now been replaced by the PG Group. We continue to support and advise CAG to help ensure that the development delivers the best outcomes for the local community.


Who is PG Group?

What are PG Group’s plans and timescale?

What’s happened to Fifth Capital?