I'm no expert but I think so. I think this is what happened at Capital Quarter where Viridis Real Estate purchased the student housing plots in phase 1 (which they should be starting soon). I think those plots already had planning permission that J R Smart obtained.
Sion Barry talks about the Callaghan Square land today in the Western Mail actually
http://www.walesonline.co.uk/business/commercial-property/what-now-key-development-site-9899096
I can see an arena and/or convention centre going there but what I can't see is the council actually getting either developed. I'd love to be proved wrong.
As for a property company looking to come in and develop offices there there's a part of me wondering whether that's necessary at the moment. The few bits of letting news that have come out recently in the general press has seen organisations take up space in existing buildings instead of at these new offies. Plus there's so many other offices going up or planned in the city and very few occupiers signed up to those offices (at least not yet or not publicly yet) that you have to wonder.
What I hope doesn't happen is the WG sell the land off to an investment company that just sit on the land for ages, that would just take us back to MEPC owning the land. I wouldn't care so much but it's in such an important location.
Sion Barry talks about the Callaghan Square land today in the Western Mail actually
http://www.walesonline.co.uk/business/commercial-property/what-now-key-development-site-9899096
I can see an arena and/or convention centre going there but what I can't see is the council actually getting either developed. I'd love to be proved wrong.
As for a property company looking to come in and develop offices there there's a part of me wondering whether that's necessary at the moment. The few bits of letting news that have come out recently in the general press has seen organisations take up space in existing buildings instead of at these new offies. Plus there's so many other offices going up or planned in the city and very few occupiers signed up to those offices (at least not yet or not publicly yet) that you have to wonder.
What I hope doesn't happen is the WG sell the land off to an investment company that just sit on the land for ages, that would just take us back to MEPC owning the land. I wouldn't care so much but it's in such an important location.