An artist's impression of the new project
Plans for a new 800-home waterfront community in Cardiff Bay were given the go-ahead earlier this year, with the construction work set to begin later this year.
While the city has seen many large scale development projects over the last several years, including the International Sports Village in the Bay and the St David's 2 shopping centre in the city centre, this £250 million project - named Cardiff Pointe, will be one of the biggest developments to the city in recent years.
The project, considered to be "the missing piece in the International Sports Village (ISV) jigsaw", is made up of four linked applications to build a total of 798 homes on vacant land off of Ferry Road, Watkiss Way and Empire Way. The building work will be done in six phases, with the earliest construction focusing on town houses and maisonettes.
The largest scheme is for 561 homes, including 392 apartments and 169 houses, on the peninsular of land between Cardiff Bay Yacht Club and the International Swimming Pool. Later phases will include 18 five-badroom waterside "executive" houses and two landmark towers which will cantilever over the water. At the foot of the towers will be shops and community facilities, with the local health board already indicating that it would interested in opening a "satellite surgery".
The second site, which is currently used as a temporary car park for the swimming pool, will see 79 homes built - including 43 apartments and 36 houses. The third application is for 63 apartments on land behind the Morrisons supermarket on Ferry Road, while the fourth is for 95 apartments on land off of Watkiss Way. These will be a mixture of private and social housing.
Committee chairman councillor Michael Michael said: "Overall I welcome this scheme - hopefully it's a sign that the city is moving forward."
(Full Story and picture source)
Full story: Support for Housebuilding should be chancellor's priority says CBI
It was roughly three years ago when the Government announced there was a considerable sum of money that was to be used for social housing building programmes. At the time of the announcement I was uplifted to think that the prospect could bring about an end to the recession. And being a country that isn't known for production, the only way we can produce a financial economy that breaks a recession is by a large scale house building programme.
With all the products used to build homes and all the new products that go into them, the wages earned by the construction workers goes back into the economy. Throughout my career on the tools, I was fortunate to go through two bad recessions - one in the late 80s and then another in the 90s, both of which I was constantly working within the M25 area doing new build work. I personally feel that, and the CBI agree, our most instant way to relieve this recession is to undertake a 50,000 new build affordable home project. If the Government had started their own social housing programme back then, things wouldn't have turned out the way they are today.
- Mark Lewis