Bristol office schemes to be exempt from CIL levy

Office developments in Bristol would be exempt from a new levy intended to raise cash for infrastructure under plans published for consultation by Bristol City Council.

The local authority today issued a preliminary draft charging schedule, setting out its plans for how it intends to charge the Community Infrastructure Levy (CIL) in its area.



CIL Watch: PlanningBlog's regular update on councils' Community Infrastructure Levy plans




Bristol’s charging schedule includes plans to charge developers of residential schemes up to £70 per square metre for floorspace, while retail schemes would face a charge of £120 per square metre.

But it says that commercial developments in use classes B1, B2 and B8 would not be subject to a CIL charge.

The document said: "Office schemes outside the city centre are currently unviable with any level of CIL applied.

"Within the city centre, a maximum rate of up to £40 per square metre could be applied, however, this would leave very little leeway to account for site-specific variations or reductions in rent levels.

"As the vast majority of office development in Bristol is planned to be in the city centre, setting any rate of CIL could put the development of the area at risk."

The consultation on Bristol City Council’s preliminary draft charging schedule runs until 20 January 2011.

The preliminary draft charging schedule can be viewed here.

jamie.carpenter@haymarket.com


Have you registered with us yet?

Register now to enjoy more articles and free email bulletins

Sign up now
Already registered?
Sign in

Join the conversation with PlanningResource on social media

Follow Us:
Planning Jobs