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Cardiff City looking for stadium development approval

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The murmur of a new stadium for Welsh club Cardiff City - which competes in England's league - is turning into a roar.

A new 30,000-seat stadium could be built opposite the existing facility.

The club sold out Saturday, packing in 20,109 fans on its way to the going to the top of the Champions League, and possibly on the verge of joining the Premier League.

Cardiff City's crowds are growing and there has been a significant surge in interest in the club across South Wales.

The City stadium debate has rumbled on for years and it is most timely that the club's recent success comes just before the decision on the future of the scheme. Cardiff Council might have the final say.

Planning has been granted � with conditions that must be met by the end of the month, before construction can begin.

As part of the GBP 35 million development, the city council will provide up to 60 acres of land at Leckwith for the new stadium and a retail scheme. One of the council's considerations must be that the club and the developers, Capital and Regional, have a viable business plan.

Liberty Stadium in Swansea was delivered by the same means, in tandem with the Morfa Retail Park, also developed by Capital and Regional.

The associated retail units are fundamental to the viability of Cardiff City's stadium. Costco and Asda have already agreed to occupy the development, but it is critical to land new tenants.

The council has, in the past, restricted new retail uses to place the commerce focus on city centre, strengthening that area.

When full retail consent has been given, such as at Parc Fforestfach, Swansea, and Talbot Green Retail Park, the increased demand has helped double rents.
Source: euFootball.BIZ © Copyright 2006 - All rights reserved.

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