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Five go after parking for Bristol shops

CONTRACTS - REGENERATION

FIVE firms are contending for a £30 million deal to build a car park and residential scheme at a new shopping centre development in Bristol.

Norwest Holst, Taylor Woodrow, HBG, Laing O'Rourke and London concrete frame contractor Byrne Bros are all vying for the deal, known as Broadmead.

The scheme is being developed by client Bristol Alliance, a joint venture between developers Hammerson and Land Securities. This is the team behind the new £250 million shopping centre, which is being built by Sir Robert McAlpine.

The car park development will be built on the eastern side of the shopping centre where the existing Tollgate car park is currently being demolished.

Affordable housing will also be included, expected to include 26 homes.

Tenders are due to be returned in July with construction expected to start the following month.

One bidder said: 'This is a prestigious deal for a well known client. We are all hoping to win it but there are no early favourites as yet.' The shopping centre, which will include House of Fraser and Harvey Nichols anchor stores, is due to be finished in 2008.