Caerphilly Town Centre Place
Project Promoters
Caerphilly County Borough Council
Scale
£100 million GDV
Sector
Interchange Development is transport led with office, residential, retail opportunities Leisure Quarter – is A3 led with opportunities for retail, hotel and residential
Location
Caerphilly Town Centre
Planning Status
Both schemes are identified in Caerphilly County Borough Council’s adopted Caerphilly Basin Masterplan as key regeneration projects and form two key interventions in the Placemaking plan commissioned by Welsh Government and Caerphilly CBC
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Caerphilly County Borough Council’s and Welsh Government’s Caerphilly Town Centre Place Making Plan has identified two transformational projects offering investment opportunities in the heart of Caerphilly Town Centre.
The town has an integrated bus and railway station on where there is an opportunity to deliver a new landmark transport interchange building that would provide a statement entrance building into Caerphilly, improve the interface between bus and rail transport modes and provide up to 6,000 sq ft of new ground floor space for new active uses that could include retail, office or leisure uses. Upper floors of the new interchange building would accommodate up to 17,500 sq ft of new flexible floor space that could provide apartments or add to the office/leisure offer.
There is also scope to provide a 50,000 sq ft headquarter premises adjacent to the interchange in the existing council owned park and ride car park. Importantly all land identified for this project is in public ownership – either with Caerphilly County Borough Council or with Transport for Wales.
The presence of Caerphilly Castle in the centre of the town presents a significant opportunity to establish the town as a tourism and leisure destination. Investment is required to improve the current leisure offer where the town interacts with the Castle. Properties on the northern section of Caerphilly Road present a particular opportunity for the development of a new leisure development since they command unrivalled views over the Castle. The properties are in poor aesthetic condition and whilst they currently accommodate national retailers many of the leaseholders have limited time remaining on their leases. Approximately 105,000 sq ft of floor space could be delivered that would accommodate, restaurants, bars and cafes, a new food hall, a boutique hotel and apartments that would have spectacular views over the Castle.