Property developer Rightacres has revealed £25m plans to transform a virtually empty office scheme in Cardiff Bay into serviced and build to rent (BTR) apartments.
The Cardiff company, which is behind the now almost fully developed Central Square office led scheme in the centre of Cardiff and the nearby and emerging waterfront Central Quay mixed-use development at the former Brains brewery site, plans to repurpose the Scott Harbour scheme to provide 30 service apartments and 70 build to rent properties.
Subject to planning consent work on the scheme is expected to start in the third quarter of this year with the first apartments ready in late 2024. Scott Harbour consists of a number of separate buildings including Emperor House and Discovery House.