A new era of student accommodation is set to shape Bristol’s skyline with the acquisition of St James House, soon to become the city’s tallest building.
- At 28 storeys, the development will surpass the height of Castle Park View, reaching a new milestone in Bristol’s architectural landscape.
- The site, located near the Bearpit roundabout, will be transformed into a modern student hub featuring cutting-edge amenities.
- Bristol City Council’s backing was pivotal in approving this ambitious redevelopment plan amidst initial criticism regarding its scale.
- With a completion target by 2028, the project aims to address the demand for quality student housing in a prime city location.
The acquisition of St James House marks a significant milestone in Bristol’s urban development. The building, poised to reach 28 storeys, will eclipse the previous benchmark set by Castle Park View in 2020. Located adjacent to the Bearpit roundabout, this venture promises to redefine student living with its impressive height and modern facilities.
Sold for an undisclosed amount to Cain International, the property marks a crucial investment for the alternative asset manager. In collaboration with developer Olympian Homes, plans are underway to replace the existing 1970s Premier Inn with two high-rise towers. The construction entails 442 student beds and 132 larger co-living units, spanning a vast area of approximately 15,000 square feet equipped with amenities such as a cinema room, fitness suite, study areas, and communal dining facilities.
Olympian Homes has expressed gratitude towards Bristol City Council for its guidance and support during the intricate planning process. Despite some opposition, the council’s development control A committee voted in favour, recognising the project’s potential to enhance the city’s accommodation landscape.
The plan was met with initial resistance, particularly concerning the towers’ proximity to a Grade-I listed church. Nevertheless, proponents argue the project not only represents high-quality design but also addresses the city’s chronic shortage of purpose-built student accommodation, easing pressures on family housing stock.
This development will contribute to Cain’s extensive PBSA portfolio, now valued at roughly £800 million. Oliver Cummings of Cain and James Lindridge of Olympian have both highlighted the strategic benefits and commitment to designing a prominent educational residence in this Russell Group university city.
St James House is set to redefine Bristol’s student accommodation scene with its towering presence and state-of-the-art facilities.
