Cardiff Council is seeking a development partner or consortium to deliver its ambitious plan to develop over 1,000 new housing units in the city over the next 10 years.
This is an exciting opportunity which aims to deliver high quality, mixed tenure homes to tackle the growing housing demand in the city, whilst delivering regeneration projects to create sustainable communities. The affordable housing units will be funded and managed by Cardiff Council.
The Council is seeking an experienced development partner or consortium who can share our commitment and vision for the city and as such, has published a Prior Information Notice (PIN) to the Official Journal of the European Union. This will allow the Council to test the market and work with potential developers to help shape the Council’s approach to delivering this important strategic project.
Cabinet Member for Communities, Housing and Neighbourhood Renewal, Cllr Lynda Thorne, said: “Ensuring people have access to good quality homes and accommodation across the city is a key driver for the Council. We are revitalising areas of Cardiff for the future and building communities by investing in developing brownfield sites to provide sustainable homes for people across the city, including a significant number of council properties to meet the high demand.
“Ward member consultations have already taken place on potential sites for these new homes so now we are keen to hear from prospective development partners to progress our ambition of making Cardiff a more attractive place to live and raise a family.”
The Council is investing £33m in the scheme and a number of council-owned brownfield sites have been identified as potentially suitable for development for at least 1,000 properties, 40 per cent of which will be new Council homes for rent and low cost home ownership. There are additional sites that with further investigation could also be suitable for redevelopment.
The Prior Information Notice will allow the Council to carry out an appropriate market testing exercise, seeking views on how the Council can maximise the opportunities that the project presents. The Council is inviting the marketplace to inform the authority’s procurement process by attending an Open Day when senior officers and advisors will be available to discuss the project in more detail and answer questions raised by interested parties.
Feedback from the Open Day will inform the procurement exercise and it is anticipated that Expressions of Interest will be invited from interested parties before the end of the year.