Sites like these are politically 'easy' to develop. From a urban landscape point of view, taking an industrial zone and re-classifying it as a residential zone has it's risks in that you drive out the ability for employment opportunities in the city. However, in Bath's case, the industrial sectors are now on the west side of the city towards Bristol.
Each gasometer was redesigned into a complete urban space by a different architect.
My apartment overlooked one of the hollow central 'cylinders': not much sunlight reached the interior, and - without net curtains - not much privacy (since neighbors opposite had a clear view across the space).
After seeing a huge crowd queuing in the lobby one evening, I realized the basement was used for rock concerts! And yet, not a sound (or vibration) reached the residential areas above.
Great place to stay for a while...