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Capital & Regional Wins 400,000-SF Cardiff Site

LONDON-Capital & Regional has been appointed as developer for a new 400,000-sf retail park planned as part of the new football stadium for Cardiff City Football Club.

By Graham Parker | Updated on May 26, 2004

LONDON-Capital & Regional, manager of the Junction out-of-town retail fund, has been selected as Cardiff City Football Club’s partner in the development of its new stadium. As part of the scheme Capital & Regional will build 400,000 sf of new retail space.The 32-acre site at Leckwith is being acquired by Capital & Regional with the benefit of planning consent for 300,000 sf of retail warehousing as well as a 100,000-sf food store. 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.The Junction’s CEO Andrew Lewis-Pratt says: “This new acquisition, together with our Swansea Retail Park, brings our retail holding in Wales to over three quarters of a million sf.” Cushman & Wakefield Healey & Baker are letting agents for the development.

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