Cubex has appointed Willmott Dixon as the main contractor for building a £33m seven-storey office block at Finzels Reach in Bristol. Cubex purchased the site in 2016 on behalf of Fiera Real Estate.
This private build-to-rent housing scheme will be developed after Cubex has secured funding for a 231-unit private rented sector (PRS). Listed landlord Grainger has agreed to forward fund the scheme for £63.1m.
Cubex Land is acting as a development manager for the project backed by Fiera Real Estate. Construction by Willmott Dixon will be starting from this month and completion is expected in the second half of 2023.
Grainger already owns the Hawkins & George development in Finzels Reach, Bristol’s first build-to-rent development. Grainger will have 425 rental homes in the city across both the schemes.