Market Leads & Opportunities
Green light for shopping parade and apartments plan
Revised plans for the regeneration of a Cardiff shopping parade alongside the development of apartments in a £4m investment have been approved.Silver Crescent Developments has secured permission for proposals relating to land at 17-41 Clearwater Way, about 4km from Cardiff city centre.The job-creating plans amount to the first major redevelopment of Lakeside Shopping Parade since it was built in the 1960s.The site is currently home to commercial uses at ground floor level, with flats on the floor above.Design improvements are envisaged to the shop façades, while the proposals also include an extended covered walkway to improve the shopping environment.Two additional storeys will also be created above the existing building to accommodate 15 new apartments. The works will also involve the reconfiguration of two existing apartments at first floor level.Additional car parking spaces, including two wheelchair-accessible spaces, are proposed along the main road. Residents’ car parking spaces are also provided.Professionals working on the scheme include LRM Planning, Pentan Architects, Calibro Transport Consultants, Roundfield Landscape Architects and Intrado Consulting Engineers.
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