Development and property group Carlyle Skelton, has acquired a two-acre site in the centre of Bristol from Westcott Homes, part of Persimmon, for £18m.
Currently the site has outlined planning consent for 414,000sq ft of mixed use space in predominantly residential buildings of up to seven story’s high.
Duncan Moss, chairman of Carlyle Skelton, said: “We believe there may be more opportunities to review the current consent and create a scheme which is more relevant to the city’s future needs.”