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Discussion Starter · #1 ·
From the Western Mail/ICWales:

Plans for a new convention centre and arena in Cardiff Plans for a £100m investment that would secure an indoor arena and convention centre for Cardiff can been revealed.

Last week we confirmed the Welsh Government and Cardiff council are in talks with the aim of engineering finance for a convention centre in the city.

However, it has now emerged that as well as a convention centre, with a capacity for up to 2,500 delegates, they are also looking to build an indoor arena with the capacity to accommodate 15,000 people.

The site being looked at is Callaghan Square in the city centre.


Both projects, if realised, would significantly improve the city’s capacity to host major events.

The indoor arena would be able to stage major sporting events and concerts, as well as annual party political conferences.

It would be significantly larger than the current 5,000 capacity Motorpoint Arena, formerly known as the CIA.

The convention centre has an estimated construction cost of around £60m, with the indoor arena being around the same.

The Welsh Government and Cardiff council are exploring a number of funding options, including potentially borrowing – with a low interest long-term repayment term – from the Treasury’s Public Works Loan Board, as well as through the use of tax increment financing.

A number of site options are being considered for the two buildings – although both facilities could be incorporated into one larger scheme.

These also include land at the Sport Village and land near the Wales Millennium Centre in Cardiff Bay, as well as land in around the current Motorpoint Arena.

While it could not accommodate an indoor arena, a convention centre could be sited at Cardiff Arms Park, which is owned by Cardiff Athletic Club.

However, it is understood that a favoured location for both buildings is on five acres of land yet to be developed at Callaghan Square.

However, a planning application to develop a new 90,000 sq ft office scheme at Callaghan Square was lodged last week with Cardiff council.

Submitted by MEPC the application is for a new 90,000 sq ft office development. While the tenant is not disclosed in the application, it is understood to be law firm Hugh James. The application should be determined within the next six weeks.

This means that if plans for a convention centre and indoor areas are to be progressed at Callaghan Square, the Welsh Government and Cardiff council would have to move quickly to agree a land acquisition deal with MEPC – which alongside required road infrastructure work could cost as much as £30m – bringing the total cost of realising both schemes to around £150m.

Robert Emanuel, of property advisers Emanuel Jones, which is acting for Hugh James, declined to comment as to whether the application lodged by MEPC was intended as a new headquarters for the law firm.

However, he added: “It is known in the marketplace that Hugh James is looking for a new HQ building by the spring of 2014.”

The Welsh Government, Cardiff council and MEPC declined to comment
 

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Discussion Starter · #2 ·
Link to original article here containing a good render of development.

One thing that strikes me is that it has removed the Cardiff Bay Rail Link. This was always part of a plan involving new tram links, so is this also back on the cards??
 

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There are currently about 3 major plans for this site. Literally, 2-3 weeks ago a planning application was submitted for a substantial office development here, and the rumour is that a local Cardiff law firm is behind it for a substantial expansion...I'd say this is fairly likely.

God knows where this plan has come from..I think a higher level, driven by Cardiff Council and presumably the Welsh Government. As stated though, it's a radical change..the convention centre has long been mooted, but all of a sudden 1 15,000 seat arena....total road layout change....and the loss of the Cardiff Bay raillink, despite the fact that Network Rail are in the midst of investing £200m in the Cardiff rail network, including a new platform at Queen Street for the Bay link...

All very confusing...Cardiff does need a new arena mind, and this plan is ambitious..something will happen at this site soonish, but whether it's this, I just don't know.
 

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Firms called up for £120m Cardiff arena plan

Cardiff Council has called on contractors to express interest in building an indoor arena and convention centre in the city.

Plans are at an early stage and the council is seeking interested firms to look at building options on the two major projects, both expected to cost around £60m to build.

The Welsh Government and Cardiff Council are exploring a number of funding options, including potentially borrowing – with a low interest long-term repayment term – from the Treasury’s Public Works Loan Board, as well as through the use of tax increment financing.

Talks with other cities and developers have seen it draw up plans for a 15,000-seat capacity indoor arena in a horse-shoe layout, rather than conventional fan-shaped floor plate.

This would be able to stage major sporting events and concerts, as well as annual party political conferences.

Alongside this the council also aims to deliver a 1,500-seat international conference centre with around 500,000 sq ft of exhibition space.

The plans are an essential part of the Labour council’s vision for boosting the capital’s economy over the next 20 to 30 years
http://www.constructionenquirer.com...d-up-for-120m-cardiff-convention-centre-plan/
 
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