REAP 3, a subsidiary of BtR developer, BlueCastle Capital, is preparing a planning application for what would be the tallest building in Wales if approved.
The 50-storey tower, proposed for a site close to the Principality Stadium and Cardiff Central Station at the centre of the wider Central Square regeneration area, would comprise 528 BtR one and two-bedroom apartments, alongside a two-storey pavilion providing commercial space. The scheme will also accommodate a range of residential amenities, a bike hub and flexible non-residential uses.
REAP 3 had already been granted planning permission for a 35-storey scheme on the site between Wood Street and Rose Lane, but has revisited the plans with the proposed tower now set to stand at 180 metres. If approved, the tower will surpass the current tallest building in Wales, the 29-storey Meridian Tower in Swansea.
The developer says that the scheme is designed to cope with high footfall, where up to 80,000 people pass through the area on matchdays due to its close proximity to the national stadium.
The architects, 5plus, say that they have taken inspiration from skyscrapers such as The Equitable Building in New York for the tower, which will feature a tripartite formation with a clearly defined base, middle and top.
Reap 3 has launched a pre-application consultation before the application is submitted to Cardiff Council for approval.
The developers say the plans seek to build upon the success of the wider Central Square area.
Ed Williams, CEO of BlueCastle Capital, said: “The Central Square acquisition represents an important investment for BlueCastle and is our first project located in the Cardiff Capital Region. The site is extremely well located in the heart of Cardiff city centre, with excellent transport links and access to local employment centres.”
