The 580,000 sq ft of industrial space will be the largest speculative industrial development in Bristol for 20 years.
Site preparation has been complete at the site known as Horizon 38. Buckingham is now mobilising on site to deliver the first building phase of the 65-acre site.
Joint venture partners and commercial property developers and investors, St Francis Group and iSec, said the first phase of industrial and distribution units will be ready and available for occupation by as early as July next year.
They form part of a new 1m sq ft mixed use development offering opportunities for industrial, warehousing, trade, office, hotel and car showroom development.
Gareth Williams, development director at St Francis Group, said, “This is an exciting phase of development. With the entire site now cleared and levelled you can clearly see the scale of development proposed at Horizon 38.
“It is the first major employment scheme to come out of the ground in north Bristol for 20 years.”