BlueCastle Capital has secured planning consent for a landmark, 50-storey residential development in the centre of Cardiff.
The development, which will deliver 528 homes for rent, occupies the final undeveloped plot within the Central Square masterplan, located between the Principality Stadium and Cardiff Central Station and bordered by Wood Street, Scott Road and Park Street Lane.
It also includes a standalone two-storey pavilion providing 6,500 sq ft of commercial and restaurant space. Designed by 5plus and Layer Studio, the building will target high sustainability credentials including BREEAM ‘Excellent’, Fitwel ‘3*’ and EPC ‘B’ ratings. Residents will benefit from an extensive range of amenities, such as a gym, co-working space, a wellness area, a roof terrace, a bike hub, a café and landscaped public spaces.
Planning approval from Cardiff Council follows a thorough public consultation and builds on a previously consented 35-storey scheme. The 50-storey tower will become Wales’ tallest building.
Barry Coltrini, development director at BlueCastle Capital, said: “This is a milestone for our Cardiff project and for the transformation of Central Square. The consent allows us to bring forward a landmark building that will deliver high-quality, sustainable homes and meaningful public spaces, while contributing long-term social, economic and environmental value to the city. We are grateful for the constructive engagement with the council, local community and wider stakeholders throughout the planning process”.
To date, BlueCastle has invested approximately £70 million in acquiring and progressing its five build-to-rent development sites, which together will deliver around 2,500 new homes across Cardiff, Leeds, Birmingham, Stevenage and Sheffield.
