CardiffWalesMap

However, the requirement for Cardiff could also see the hub providing space also for other UK departments in Wales, such as the Department for Work and Pensions and the Ministry of Justice. This could take the public sector hub office requirement up to around 500,000 sq ft.

There is also a requirement from professional advisory firm PWC, which as part of an expansion could be looking for new offices between 20,000 and 40,000 sq ft in the centre of Cardiff.

http://www.walesonline.co.uk/business/c ... t-11217428

I can see residential property in Cardiff becoming extremely expensive caused by a significant increase in demand from the people working in these new offices.

I can see residential property in Cardiff becoming extremely expensive caused by a significant increase in demand from the people working in these new offices.

Cardiff has limitless supply of valley suburbs, all though the transport links are rubbish, so Cardiff residential property is never going to equal London.
Property prices in Penarth and parts of the Vale have gone through the roof over the last couple of years.

Zach wrote:

I can see residential property in Cardiff becoming extremely expensive caused by a significant increase in demand from the people working in these new offices.

Cardiff has limitless supply of valley suburbs, all though the transport links are rubbish, so Cardiff residential property is never going to equal London.
Property prices in Penarth and parts of the Vale have gone through the roof over the last couple of years.

Of course it won't equal London prices. However, there is already a significant price difference between Cardiff and Valleys housing costs. As development increases, I can see this difference increasing.

I think you're seeing that already with Grangetown gentrifying rapidly and Splott and Adamsdown beginning to move up. I suspect there'll be very little traditional working class housing in the inner city by the end of the decade unless Cathays and Roath become less student orientated.

I'd like to think we are all working class.

Ash wrote:I think you're seeing that already with Grangetown gentrifying rapidly and Splott and Adamsdown beginning to move up. I suspect there'll be very little traditional working class housing in the inner city by the end of the decade unless Cathays and Roath become less student orientated.

Jeez, it will take a lot to gentrify Splott.

Lyndon wrote: Jeez, it will take a lot to gentrify Splott.

Which is exactly what was said about Canton... now you can't move for artisan bakeries

Seriously, if you look at house prices in Splott these days there's nothing south of £150k while there are plenty of houses in Ponty in the £70-80k range.

Ash wrote:

Lyndon wrote: Jeez, it will take a lot to gentrify Splott.

Which is exactly what was said about Canton... now you can't move for artisan bakeries

Seriously, if you look at house prices in Splott these days there's nothing south of £150k while there are plenty of houses in Ponty in the £70-80k range.

While I agree that Splott is following Canton in gentrifying

a) it doesn't have Chapter

b) it isn't close to the western, more pleasant part of the city centre

c) there are plenty of houses in Splott on sale right now for well under £150,000:

http://www.rightmove.co.uk/property-for ... sortType=1

Mr Blue Sky wrote:

Ash wrote:

Lyndon wrote: Jeez, it will take a lot to gentrify Splott.

Which is exactly what was said about Canton... now you can't move for artisan bakeries

That's Pontcanna not Canton