Gloucester Quays is set to take a significant leap forward in its final regeneration phase as city officials seek £1.5 million in funding for the Downing’s Malthouse project. This ambitious scheme, approved three years ago, features a 10-storey tower block with 117 flats, alongside the restoration and extension of historic 19th-century buildings including Downing’s Malthouse and the High Orchard Street Warehouse.
Despite planning permission secured, construction has yet to commence. Previously, the council waived £430,000 in developer contributions to support progress, and now city leaders are aiming to obtain an additional £1.5 million from Homes England. Securing these funds would enable Rokeby Merchant Developments Gloucester Limited to begin construction, protect listed buildings, and complete the remaining phases of the Baker’s Quay development.
Council leader Jeremy Hilton emphasized that the funds are not from the city council but will be managed carefully to ensure proper drawdown and project phasing. He highlighted ongoing challenges due to escalating regeneration costs but noted that phase one of the development—including a hotel, restaurant, drive-thru, and the Provender residential and commercial spaces—has already been completed. This initial phase was supported by approximately £4.8 million from the Homes and Communities Agency.
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To address cash flow issues, the council provided a £490,000 regeneration loan, but subsequent phases have proven less financially viable, prompting Rokeby Merchants to request an additional £600,000. Hilton explained that the latest funding tranche is crucial for phase two, which involves converting the Malthouse extension for residential use, repurposing the transit shed for commercial purposes, and facilitating a mixed-use plan for Downing’s Malthouse itself.
He reflected on the project’s importance, which began in the 1980s when the council acquired the North Warehouse for a symbolic £1 and refurbished it. The same dedication is now driving the Baker’s Quay transformation, a long-awaited development for this historically significant area.
Deputy leader Declan Wilson expressed enthusiasm about the continued regeneration at the Docks, praising the council officers for their efforts and the positive momentum gained. He recognized the usual challenges but encouraged celebration of the tangible progress being made.