The sale of this Brownfield site known as the former Bernard Hastie in Swansea has today completed to a National House-builder.
PMG and McLaren Property Group London have acquired the freehold of this 70,000 sq.ft. 1980's office complex in Cardiff.
A substantial portion of the complex has remained vacant for some years with the previous owners unable to attract tenants to this area.
It is therefore planned that a significant £30 Million redevelopment for high quality student accommodation will take place bringing new life and enhancement to this area of the City.
This site known as the Former Bernard Hastie site totalling 7.2 acres has been an extremely difficult site to unlock due to its many issues. These included - Historic Contamination, Access Issues, Archaeology, Local Historic Significance of Surrounding Area and Existing Buildings and has required continued persistence from PMG to finally achieve a successful outcome resulting today in the Reserved Matters Consent for 93 new residential units. Along with the new residential units, a complex deal was agreed with Swansea Council in order for the much needed new Morfa By-Pass to be constructed on part of the PMG site which has now also commenced. Redevelopment of this site will kick start Swansea Councils redevelopment plans for this area of the city. Our thanks goes to all those involved to help ensure a successful outcome here with particular thanks to the professional work from staff at Swansea's Planning and Highways Departments.
The sale of this Brownfield site of 1.2 acres and with planning permission for 70 residential units has completed today to a Housing Association in Cardiff.
The New Viridor Waste to Energy Plant at Trident Park Cardiff is now fully operational following testing and commissioning through September, October, and November 2014. The facility which will handle 350,000 tonnes of residual waste will generate 30MW which will be exported to the Grid. This is capable of powering up to 50,000 homes. The completion of this plant also sees completion of one of the final phases of this original 50 acre site that was acquired by PMG.