Why Invest in Bristol?
Bristol is one of the ten biggest cities in the UK with 471,200 (June 2021 numbers) residents. The wider city region, including North Somerset and South Gloucestershire, has over one million. Local authority estimates say Bristol’s city population will exceed 500,000 as early as 2027.
Bristol is a hotspot for job growth too. This report says Bristol was among the most successful European cities for technology-focused investment in 2022. And strong job growth inevitably means rising demand for property.
In particular, Bristol is the place for jobs in new industries: Traditionally a port and a trading city its newest, fast-expanding industries are modern ones like financial services, IT, creative and media, digital and tech. The UK Tech Town Index, 2022 names Bristol as the top UK city to live and work in tech. With tech employers in Bristol posting 37,272 jobs just between August 2021 and July 2022, the city is officially a tech ‘supercluster’.
Not everybody works in those cutting-edge sectors of course. Bristol is the biggest center in the southwest for retail, healthcare, education and public administration. The massive Aztec West Business Park provides thousands of more jobs, all on one site in north Bristol.
Bristol is growing to accommodate all these new residents and new jobs too. Temple Quarter is an upcoming major development to create a new urban quarter close to Bristol Temple Meads railway station. As well as a redeveloped station there will be 11,000 new homes and retail and leisure units, providing 17,000 jobs over 20 years.
