The Galleries, Bristol

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The Galleries
Bristol MMB D0 Galleries.jpg
The Galleries, Bristol
Location Broadmead, Bristol, England
Coordinates 51°27′24″N2°35′23″W / 51.4567°N 2.5897°W / 51.4567; -2.5897
Opening dateOctober 1991
Owner LaSalle Investment Management
No. of stores and services71
No. of floors3
Website www.galleriesbristol.co.uk

The Galleries (formerly The Mall Bristol, but originally opened in 1991 as The Galleries Shopping Centre) is a shopping mall situated in the Broadmead shopping centre in Bristol city centre, England. Functioning as one of the city's retail malls, it is a three-Storey building, which spans over Fairfax Street.

Contents

History

The Galleries Shopping Centre as it was originally known, opened in October 1991 in the wake of a UK recession, the shopping centre was later bought by The Mall Shopping Centre Fund (and renamed the Mall Bristol), managed by Capital & Regional and Aviva Investors. [1] It replaced shops including a large Woolworths on the north side of Fairfax Street, and on the south side Fairfax House (a Co-operative department store opened in March 1962) where the Galleries car park now stands. [2] [3]

One of the entrances called "The Greyhound" was originally a historic Public House which closed in the early 1990s and incorporated into the building as an entrance. [4]

In January 2011, the centre was sold to HSBC European Active Real Estate Trust for £50.1 million, [5] and the name was restored to The Galleries.

With the opening of Cabot Circus and the recession of 2008, many of the chain shops moved out of the Galleries and into the new Cabot Circus. This resulted in a large amount of empty shops and a decline of what was Bristol's main shopping centre from 1990s–2000s.

In 2019, the centre was sold by InfraRed Capital to LaSalle Investment Management for about £32 million. [6]

Redevelopment

Over the years, there have been a few re-developments. In 2011, the foodcourt was moved from the top floor to the middle floor.

The shopping centre underwent a £1.5 million redevelopment to redevelop the entrances and to refurbish the mall in 2013. [7]

In 2021, plans were announced to turn the shopping centre over the next five to ten years into a mixed development of residential property, offices and retail space. Since 2008, The Galleries had struggled to compete with the newer and larger Broadmead shopping mall Cabot Circus. [6] [8]

Transport

The shopping centre is within walking distance of Bristol Temple Meads station and is served by First West of England bus services in nearby bus stops. There is also a car park which has nearly 1,000 spaces, which can be accessed on Fairfax Street and New Gate. [9]

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References

  1. ↑ "Our Portfolio - Capital and Regional".
  2. ↑ "The Galleries shopping mall goes up". Bristol Post. 9 February 2009. Archived from the original on 26 June 2015. Retrieved 25 June 2015.
  3. ↑ "Fairfax House Store was meant to become city's Piccadilly Circus". Bristol Post. 17 May 2022. Retrieved 12 August 2023.
  4. ↑ "Greyhound Hotel, Bristol". Bristols Lost Pubs. Retrieved 11 December 2015.
  5. ↑ "HSBC fund acquires Bristol mall for €58m". Property Magazine International. 3 January 2011. Retrieved 24 June 2011.
  6. 1 2 Murray, Robin (5 January 2021). "Bristol shopping centre The Galleries to be transformed into new development". Bristol Post. Retrieved 5 January 2021.
  7. ↑ "Galleries shopping centre entrance receive spruce". www.thisisbristol.co.uk. Retrieved 7 April 2013.
  8. ↑ "Bristol Galleries major revamp plans unveiled". BBC News. 18 July 2022. Retrieved 19 July 2022.
  9. ↑ "The Galleries - Car Parking". The Galleries. Retrieved 18 May 2016.
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