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Birmingham Post
Birmingham Post
Business
Sion Barry

Plans to transform Cardiff Bay with 1.6 millon sq ft mixed-use development take step forward

Plans for a major mixed-use development in Cardiff Bay have taken a step forward with developers being invited to lodge expressions of interest.

Cardiff council, which is being advised by property advisory firms CBRE and Knight Frank, is assessing investor and developer appetite to transform a 30-acre site at Atlantic Wharf with 1.65 million sq ft of new development which could see 1,000 homes built alongside new hotel, office, retail, bar, restaurant and leisure projects.

The scheme, which will also benefit from plans for a light rail route from Cardiff Central Station running through it, has outline planning consent. The full development of the area could take around a decade to build out. The deadline for expressions of interest is May 26.

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