Student residential development opportunity situated Cardiff City Centre, in close proximity to the University of South Wales and Cardiff University main campus
The site is located adjacent to the Waterfront 2000 office development, an established office development providing a mix of 3 and 4 storey office buildings. The site is bounded by offices to the north, east and south and residential to the west, separated by a dock feeder. The site is currently landscaped with a large number of trees and shrubs. The western half of the site is adopted highway and forms part of the network of landscaped walking and cycling routes linking Herbert and Tyndall Street with Schooner Way, Lloyd George Avenue and Cardiff Bay to the south. The site also includes a currently closed footbridge over the Dock Feeder linking the site to Craiglee Park on the west side of the Canal and the development of flats fronting Lloyd George Avenue. Planning The site has the benefit of full planning permission dated 21 November 2018 for the development of a six storey student accommodation block of 91 beds contained in 10 cluster flats and 15 studios plus ground floor commercial. A copy of the planning consent can be found on the Cardiff Council planning portal (Ref: 18/01280/ MAJ). The development has a gross internal floor area of 27,470 sq. ft. The planning permission granted also includes works required for the re-routing of the public riverside walkway and the renovation of the existing dock feeder footbridge. Section 106 financial obligations total £109,000.