Cardiff Central Square: Key business development draws closer for Wales' capital
Horatiu Pungea A key moment in the development of the gateway to Wales’ capital has been reached as the council has moved to secures the lease to the entire Central Square development area.
Council leader Phil Bale described the move as the “final piece in the jigsaw” to the flagship project.
The council’s cabinet will now discuss plans for the local authority to acquire the leasehold of the Wood Street NCP car park so that the development can move ahead.
In a statement, the council said: “In order to establish market confidence in the Central Square location, improvements to the public realm will be needed including demolishing Marland House and St David’s House when existing leases have expired. The council will be working with the existing tenants of these buildings to ensure they are able to relocate to alternative sites in Cardiff.”
Central Square seen as is the most important major project being brought forward by the council and involves working to deliver 750,000 sq ft of mixed use development in the Cardiff Enterprise Zone by 2016 and a so-called Central Transport Hub which the local authority says is “integral to the city’s future”.http://www.walesonline.co.uk/news/wales-news/cardiff-central-square-key-business-7098403