19 Nov, 2021
Construction is now underway following a unanimous decision by Southampton City Council’s Planning & Rights of Way Panel to grant permission for the revised scheme earlier this year.
Developer, Tellon Capital, and investor, Legal & General, have announced the completion of funding of the Bargate Quarter, the £132m scheme in Southampton, with regeneration works starting immediately.
The development is built around the City Walls and The Bargate, a 12th Century gatehouse to historic Southampton. It will provide 519 new homes comprising a mix of studio, 1, 2 and 3 bed units, along with 2,515 square metres of ground floor commercial space and a new park.
James Burchell, Partner at Tellon Capital, said: “We are delighted with our new partnership with Legal & General and to start work on the Bargate Quarter regeneration. Once this scheme is completed, we believe this will provide an exciting new chapter for one of the most historic parts of Southampton.
“Our development will seek to improve the setting of The Bargate and City Walls and provide retail units along with much-needed new housing in a highly sustainable location. Crucially, our scheme also responds to the changing world created by the pandemic, to ensure we have a scheme that respects the past but is also fit for the future.”