- 19 November 2012 | Surfing
The first artificial wave pool in the UK, set for Bristol, will not be installed on the Bristol Portway. The project has also been rebaptized to "The Wave: Bristol".
The team behind Bristol's artificial wave park powered by Wavegarder has announced that the project will move away from its original preferred site on the Portway, because it now demands much larger sites to reach its full potential.
"We went to Spain this summer to see the latest version of the Wavegarden technology, which is spectacular, and it became evident that we needed more space than originally anticipated to accommodate the very best surfing experience", explains Nick Hounsfield, co-founder of the project.
The team has identified two potential sites and is in discussion with landowners and planners to decide which best meets the project criteria. It is expected that an announcement will be made on the new site in the coming weeks.
Meanwhile, the company has used the Seed Enterprise Investment Scheme (EIS) to secure the majority of the investment. To date the project has secured its "Phase 1" target investment of £0.25million, via a mix of private investment and in-kind contributions.
"We are in advanced discussion with a number of potential investors for sums in the region of £4.75million for 'Phase 2', on condition of a planning application being approved", adds Tobin Coles, co-founder of "The Wave: Bristol".