The revised outline planning application for the St David's 2 development in Cardiff city center has been given the go-ahead by the Council's Planning Committee. This decision now means that the £535m development can progress to its next stages, having received huge support from all sectors of the community.
The St David's Partnership was delighted by the Council's decision, as Peter Cleary of the Partnership explains; "The revised application for St David's 2 has received strong backing from the Planning Committee, which is a huge boost to the scheme, as well as to Cardiff and the surrounding area.
"The positive benefits of the £535m investment, including the John Lewis store, state-of-the-art library, other new shops and cafes, as well as the significant job creation and overall regeneration of the city centre are all now another step closer."
The 967,500 ft² retail-led mixed use scheme will prove a significant boost for Cardiff, creating 1000 construction jobs as well as 2000 permanent new jobs upon completion. Transforming a currently under-used area of the city center, the project will establish Cardiff as one of the premier retail destinations in Europe.
Richard Cable, also of the St David's Partnership, commented; "We are very pleased with the level of support and positive feedback we have received to date. Visitors to the scheme project office on the Hayes have left many positive comments and, in early discussions, the scheme has also been well received by potential retailers, including a number who do not currently have a presence in the city.
"We are hopeful that the National Assembly will ratify the Council's decision and we now look forward to focusing our attention on the delivery phase of the project."
St David's 2 is a joint development between Land Securities and Capital Shopping Centres. Together, as St David's Partnership, they are to lead this landmark £535 million, 967,500 ft² (89,891 m²), retail-led mixed-use scheme in the heart of Cardiff.
Source: Land Securities