L&G pours £400m into Cardiff project

In terms of where the jobs will "come from", I expect we'll see a bit of the following:
- relocation from elsewhere in Cardiff
- expansion of occupiers already in Cardiff
- relocation of jobs from outside Cardiff via inward investment projects

Hard to say just what the ratios will be at this stage. But new developments are often a catalyst for each of these. If Legal and General were to locate there, they'd be relocating some staff from elsewhere and some staff from their soon-to-close operations in Surrey (or Sussex?). Blake Morgan will move its staff and has (some) space to grow.

Not sure what the big investment projects are. We lost out with HSBC to Birmingham (although we never seemed likely for that one, I must admit). The MoJ is one big potential occupier, moving jobs out from London and the S. East. I'm guessing they are getting pretty positive soundings from other occupiers for L&G to be involved.

I read somewhere that L&G will be bringing 800 jobs to Cardiff when they reorganise - these won't be call centre roles either so its definitely good news for the local economy.

As you say, a development area with high vis occupiers such as L&G, BBC and hopefully MoJ will make this the business destination in Cardiff.

whilst not wanting to run before we can walk, this is certainly the start we could have hoped for in terms of setting up the Cardiff CBD, which when finished could stretch from Capital Square, south to the redeveloped station, along Callaghan Square and up to Capital Quarter. For a city our size that would be mightily impressive

It's hard not to get your hopes up considering we are pretty much going to get four new buildings in the next 3 years, all of a high standard and all over 100,000 square foot. It's just unheard of for Cardiff. Add in that there seems to be some strong interest for all of those buildings and all of a sudden we go from a windswept run down bus station, empty old Seren site, Marland House and the empty old bus terminus site to what should be (yes, we've not seen detailed designs yet) a brand new bus station, well occupied modern offices and what should be a pretty good impression when you pull up in a train and step out into the square.

It should add some momentum to the remainder of the scheme now, with the St.David's House and old Western Mail printing offices having some funding to proceed.

It would be really good to hear some confirmations before Christmas on the MoJ, L&G relocating there, BBC Wales confirming and more tenants for Number 1. On top of that a hotel occupier and a residential company involvement for the non-office elements of the Interchange.

Asking for too much ? Nahh

http://www.walesonline.co.uk/news/news- ... Wales-main

This article really got on my nerves. The writer takes what can only be good news and then twists it to make some sort of political point. A point which I fail to see... In fact I don't even know what he's trying to say.

This is precisely the type of media involvement we don't need when it comes to the progressive development of Cardiff. Instead of embracing the good news, Wales Online attempts to turn its readers against the scheme.

It's a ridiculous article and is some leftist anarcho syndicalist diatribe. We've had the single biggest property investment which could help push cardiff on to the next level and yet all some people can do is whinge. Thankfully the readership is small so for every negative there is a positive

Martin's quite an enthusiastic Corbynista, judging by his Twitter feed, and is having a bit of a Dave Spart moment. Let's all cut him some slack and just indulge him.