Investment company Melburg Capital has secured full planning consent from Bristol City Council for the transformation of the former South Plaza office block into a new PBSA development, known as 360 Bristol. Melburg Capital were advised by Savills.
The 399-bed PBSA development will also feature amenities including a gym with changing rooms, full café and leisure facilities, prayer rooms, a golf simulator, and 370 secure bike storage spaces as part of a zero-student-car strategy.
The 360 Bristol project is expected to be complete by June 2026, in time for the September academic year.
“This consent is a testament to the hard work and effectiveness of our management platform.
“In line with our environmental agenda, we decided to reimagine this former office facility instead of demolishing it and, in doing so, expect embodied carbon emissions to be notably lower than those associated with constructing a new ultra-low energy steel-framed building.
“We look forward to welcoming students to this exemplary scheme for the 2026 academic year and thank Bristol City Council for their continued support.”
Andrew Burns, Head of Asset & Development Management, Melburg
Melburg Capital is a highly discreet, fully integrated, privately owned real estate investment and development company investing in direct UK property across all sectors, including commercial and residential, mixed-use development, strategic land and asset backed operating businesses.
Since inception, the company’s principals have invested in excess of £1bn through value-add and opportunistic UK property acquisitions.
