The five-storey office scheme will house 1,600 staff
JP Morgan’s office expansion is pressing ahead in Bournemouth, despite reservations regarding the effect on parking provision and sustainable travel.
The five-storey office and multi-storey car park development is intended to accommodate 1,600 employees returning to on-site working, and forms part of the firm’s long-term commitment to its Bournemouth operations.
The decked car park will provide 118 spaces, alongside 614 cycle parking spaces.
At a planning committee meeting on July 6, Laura Batstone, managing director and site lead at JP Morgan, said: “we recognise the concerns raised around potential parking pressures on surrounding residential streets and we are committed to being a good neighbour and maintaining a good dialogue with residents.
“If concerns do arise in the future we would welcome the opportunity to hear them directly and work constructively with the local community and council to find solutions.”
Neighbouring ward councillor for Queen’s Park and Charminster Sharon Carr-Brown said: “I welcome the granting of this application; JPMorganChase is a very valued employer locally. Work still needs to be done to ensure that the residents of my ward don’t suffer more parking misery as a result of it, though.
“I argued that increased parking protections and enforcement should be a part of any agreement and this has gone some way to that but the key will be building an ongoing working relationship between the community, ward councillors and the bank.
“Any travel plan must have residents’ input and it needs to be well before the new building is in use. If parking changes are needed, that will take time and so work on that must start as soon as possible. I look forward to working with JPMorganChase to represent residents’ views and establish a relationship so that any issues can be ironed out quickly.”
Fellow Queen’s Park and Charminster Ward Councillor Alasdair Keddie said: “We welcome JP Morgan as an employer in the area, we simply ask that travel and parking mitigation is open, fair and adequately balances the needs of our residents against the economic benefits of the development.”
JP Morgan has pledged to improve its existing travel strategy. Ms Batstone said: “we are proud of our existing travel plan but recognise there is scope to do more a strengthened travel plan will continue to reduce reliance on single occupancy car travel.
“This includes investment in cycling facilities, our existing shuttle bus network and public transport infrastructure and exploring a partnership with Beryl Bikes.”
The committee approved the application by five votes to one, with one abstention.






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