Capital & Regional to develop retail park in Cardiff

Capital & Regional plc said it has been appointed as developer for the retail park to be constructed as part of the new Football Stadium for Cardiff City Football Club. The 32-acre site is being acquired by Capital & Regional and has planning consent for 300,000 sq ft of retail warehousing as well as 100,000 sq ft for a food store/supermarket.

Cardiff City Council granted the consent as part of the redevelopment proposals for the football stadium, which will also include an athletics stadium and residential properties which will include community housing.

Work on the retail development is due to start on site in autumn this year with completion anticipated by Autumn 2005.
Source: Freeman / AFX

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