Masterplan revealed for key Cardiff Bay site

A new masterplan has been revealed for a key Cardiff Bay site with the aim of creating a top-tier UK visitor attraction.Cardiff Council’s Cabinet will be asked to approve the draft plan for Atlantic Wharf on Thursday, 17 December 2020. If agreed, a detailed consultation with the local community and local businesses will then begin.The new masterplan sets out a number of possible projects on a 30-acre site which stretches from Cardiff’s County Hall to the Red Dragon Centre across to Lloyd George Avenue and down to the Flourish where Bute Place meets the Millennium Centre and Roald Dahl Plass.Options include a 15,000-capacity indoor arena, replacing the Red Dragon Centre with a new mixed-use development including leisure and hospitality provision, a new ‘This is Wales’ fly-through visitor attraction, and new cultural buildings adjacent to the Wales Millennium Centre.Also proposed is a new 10,000 sq ft public square and event space with free children’s attraction, up to 1,150 new homes, a new 150-bedroom, four-star hotel, 150,000 sq ft of office space, and consolidating the current dispersed car parking into a new multi-storey car park.The masterplan aims to be Net Carbon Zero and could take up to seven years to complete in four phases. The new indoor arena, which will be built first, will act as the anchor development, providing a catalyst for investment in the area around it.