Proposals to expand the Bristol Temple Quarter Enterprise Zone and redevelop the derelict George and Railway site for an expanded Engine Shed have been approved by Cabinet.
The extension of the Enterprise Zone, to include parts of Redcliffe and other sites close to the existing boundary, would allow future retained business rates to be used to further develop the zone and could contribute to the redevelopment of Temple Meads station, one of the last remaining unimproved mainline stations in the UK. Redevelopment of the station would open up the Temple Meads East area, allowing the Enterprise Zone to be developed to its full potential.
Following further work to determine exact boundaries, proposals will be submitted by the West of England Local Enterprise Partnership for consideration by government. Subject to approval the extension would come into effect in April 2017.
Cabinet also approved a proposal to enter into an agreement with Skanska that could see the derelict George and Railway site close to the station redeveloped into a home for the expansion of the successful Engine Shed enterprise hub. Engine Shed opened in 2013 offering space for high growth businesses and has been highly successful, contributing £7m to the economy in its first year of operation.
The Enterprise Zone is one of the most successful zones in the country and is an important asset for the city. Engine Shed, a partnership project with the University of Bristol, has been a key contributor to that success and has demonstrated the innovation that can come from co-locating and nurturing businesses. The potential development of Engine Shed II on the derelict George and Railway site offers an opportunity to create more space to inspire young people to be the entrepreneurs of the future while transforming a gateway site close to the station site that has been an eyesore for years. You can see the progress of the Enterprise Zone to date on an interactive timeline .