Bristol is a city in Southwest England with a population of 463,500 persons. The Bristol & Bath region is one of the UKs most successful, innovative, creative, and desirable places to live in the UK. Home to a population of 1.1 million and over 43,000 businesses, it contributes £33bn to the UK economy (Invest Bristol + Bath, 2020).
Why Invest in North Bristol?
Bristol is often voted as among the best places to live in the UK and is recognised as a world class centre of research and innovation. There is a predicted economic growth of 3% year on year over the next 10 years. There is a planned 80,000+ jobs to be created between 2016-2036 in Bristol and the surrounding areas. Bristol also has faster broadband speed than the national average. (Invest Bristol + Bath, 2020).
Filton
Filton is a suburban town, 5 miles north of Bristol city centre, with a population of 68,587. It is close to the M4/M5 motorway interchange with direct access to London and Cardiff and access to the Midlands and South West. Filton is a fast-growing region with multiple areas of regeneration and investment underway or planned for the near future. Areas of investment include:
- £1.5bn investment by YTL development group in Filton Airfield to include a 17,800 seater stadium, making it the third largest arena in the UK after Manchester and London as well as developing the Filton airfield into a new urban development with homes, schools, a new railway, and a MetroBus route.
- GKN aerospace to build a £32 million global technology centre in 2020
- Jaguar Land Rover’s £12.3 million store to be built in North Bristol by 2020
- Bayliss Estates are developing a new £28 million ice rink and sky diving centre in Filton
- £40 million investment in future wing design by Airbus and the UK Government
Filton Abbey Wood is the local train station with connections to London Paddington in 87 minutes. Filton also boasts multiple heavyweight employers including Royal Mail, University of West England, Airbus, Hewlett Packard, AXA, Ministry of Defence, Southmead Hospital and Aviva. Filton is only a 26-minute drive to Bristol airport which is one of the fastest growing and busiest airports with over 100 flights per day.
Other key features of Filton (Invest Bristol + Bath, 2020):
- A concentrated employment area close to homes and amenities
- Highly sought-after area in terms of location, profile, access, and workforce
- Includes the Mall at Cribbs Causeway, a 1.8 million sq ft retail/leisure park
- Developable employment land across several sites (Horizon 38, Northfield Business Park, Filton 20).
(Invest Bristol + Bath, 2020).