The deal will see 79 high-quality houses and apartments built on the five-acre site on Brentry Lane with construction set to start in summer 2014.
Benefiting from a prime location in a conservation area close to historic Royal Victoria Park, the site has easy access to Bristol city centre, the motorway network and the Cribbs Causeway shopping complex.
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Sixty-four of the new homes will be for open market sale by Lovell while 15 homes will be for social rent and shared ownership through Knightstone Housing Association.
The land was acquired by Lovell from NHS Property Services with planning consent for up to 80 homes. It been empty for more than a decade after the Brentry Hospital closed in 2000.
The scheme will create 38 two-, three- and four-bedroom new-build houses and 20 new-build apartments for open market sale. In addition, Lovell will create six apartments for sale by refurbishing Phoenix House, an existing building which formed part of the old hospital and dates from the late 19th / early 20th century. The affordable homes for Knightstone will comprise six two-, three- and four- bedroom houses and six two-bedroom apartments for social rent and three two- and three-bedroom houses for shared ownership. The design of the new development has been inspired by the 'garden village' architecture characteristic of the Brentry area.
(CD)
