The West of England Joint Committee today approved £4m investment towards Bristol City Council’s plan for Engine Shed 2. The project involves the redevelopment of the George & Railway site and adjacent car park, providing 44,000sq ft of new floorspace together with valuable support services for growing businesses.
The funding comes from the West of England Local Enterprise Partnership through the Economic Development Fund, which is administered by the West of England Combined Authority.
Cllr Craig Cheney, Deputy Mayor with responsibility for Finance, Governance and Performance said:
I’m really pleased with today’s decision which will see £4m of regional investment into the Temple Quarter – this is another example of us working with our partners to deliver our shared vision for sustainable and inclusive growth in Bristol and the West of England.
The development of Engine Shed 2 will provide much needed follow-on space and support for growing businesses, building on the enormous success of Engine Shed 1. The facility will create hundreds of new jobs for the future as well as transforming a key site at the gateway to the city.