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| Source: | Find a Tender Service (FTS) |
| Buyer: | Cardiff Council |
| Main Category: | Works |
| Procurement Method: | Award procedure with prior publication of a call for competition |
| Tender Status: |
| Complete |
| Estimated Value (ex. VAT): | £150,000,000 |
| Release Date: | 19 September 2024 |
| Application Deadline: | — |
| Procurement ID (OCID): | ocds-h6vhtk-049c42 |
| Notice Reference: | 030012-2024 |
Cardiff Council (“the Council”) is the freeholder of the Site on which it wishes to develop a music/entertainment and events arena with a capacity of up to 15,000 (“the Arena”). The Council is seeking to appoint a developer and operator to design, construct, maintain and operate the Arena. The Council will contribute financing towards the delivery of the scheme. The successful bidder will be granted a 99-199 year lease from the Council for the Arena development. The developer will be responsible for securing the initial consortium member operator (and any successor operators) to operate the Arena for a concession period of 40-45 years. The scheme will also involve the delivery of a hotel development, connecting road infrastructure and public realm spaces.
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Estimated Value
£150,000,000
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