Watkin Jones breaks ground on Cardiff 700 flats scheme
30/5/23
Watkin Jones has broken ground at the former Brains Brewery site in Cardiff to deliver over 700 build to rent flats as part of a wider £1bn regeneration project in the Welsh capital.
Consisting of a mix of studio, one, two and three-bed flats, the Cardiff Quay job ranks as the largest build to rent project in Wales
Developer Legal & General is investing £200m to catalyse the wider Central Quay regeneration. It is Legal & General's third transaction in the last 24 months with Watkin Jones, and the largest one to date.
The development will feature a public square facing onto the River Taff, in addition to over 19,500 sq ft of leisure and retail space
Alex Pease, chief investment officer, Watkin Jones, said: "This regeneration of a strategic site in the heart of Cardiff will deliver high quality sustainably constructed BTR homes, which also helps meet the ever-increasing housing demand in the area."
Source; Construction Enquirer