CARDIFF IS a step closer to gaining a 15,000-capacity arena after the local council revealed plans to go to tender for a developer to build and operate a venue in Cardiff Bay.
The council said planning consent could be achieved by 2020, with the arena potentially opening in December 2023.
Should that be achieved, it would mean the arrival of two new similarly sized arenas within months of each other and only 40 miles by road separating them.
Developer YTL is engaged in an £80 million project to build a 16,000-capacity arena in Bristol (see LIVE UK issue 232), due to open in early 2023.
The new Cardiff arena would be part a £500m multi-use development that would include plan for a 30-acre site that would include retail outlets, restaurants and bars, a cinema complex, 350-bedroom hotel and 2,000 car park spaces.
Cardiff Council cabinet member for investment and development Russell Goodway said the project would re-energise the Cardiff Bay area.
“Now that the preliminary due diligence and market testing has been completed, we are ready to begin the formal process of securing a delivery partner,” he says.