Wragge & Co LLP's Construction specialists have acted for Castlemore Securities on the £73 million Temple Quay Central site redevelopment. A team led by associate Stephen Williams advised on the procurement and negotiation of building contracts and professional appointments and other associated construction documentation relating to the Bristol development.

Six separate building contracts have been entered into for the design and construction of high-quality commercial offices fronting the River Avon. A 12-storey residential tower, retail units and a new public footbridge are also to be built, together with the installation of public artwork, infrastructure and roadworks. The development is 70% prelet and is due for completion early in 2010.

Wragge & Co associate Stephen Williams, solicitor Sophie Ellis and paralegal Shah Begum worked closely with the team at Castlemore Securities headed by construction project manager Majella Lynch.

Stephen Williams said: "We have worked closely with Castlemore since the beginning of its involvement in the re-development of this historic area of Bristol. This latest phase of the regeneration is seen as an important catalyst for the development of the remaining area to the north of the River Avon. Our experts worked as one team with Castlemore Securities to devise the procurement strategy and to manage the complex matrix of interrelated building contracts, professional appointments and negotiations, ensuring that everything was in place for the construction phase to commence."

Castlemore Securities is a major UK developer with schemes in and out of town including offices, leisure, mixed-use commercial, industrial and retail. It has a programme of schemes under construction, or with planning consent, of more than £1 billion throughout the UK. Wragge & Co has advised Castlemore Securities for over 12 years.

Wragge & Co's Construction team is a leading practice with a client base that includes developers, blue chip companies and many of the UK's leading contractors. The team brings together non-contentious and contentious specialists to advise on major projects and disputes within a diverse range of sectors, including commercial and residential development, regeneration, energy and infrastructure.

Highlights in the last 12 months include advising Solihull Council on its £75 million Building Schools for the Future deal and advising John Laing Projects & Developments Limited on the £13 million Aylesbury station complex.

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For further information about this press release, contact Kathryn Hobbs on +44 (0)121 213 2397, Alexa Highfield on +44 (0)121 213 2396 or Michelle Dolphin on +44 (0)121 213 2369

This press release may contain information of general interest about current legal issues, but does not give legal advice.