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- Joined: Sat Aug 09, 2014 11:15 am
High-rise developments are expensive and are typically fuelled by a land shortage, coupled with a high demand for space (either office or residential) and an ambition to make a statement within a city. You also need support from local authority, otherwise you end up like Bristol.
Swansea has an enormous potential, particularly with its waterfront, but unless it radically transforms its economy, I really don't see how developers are going to justify large-build projects, there's simple not enough return. Yes, they have the current tallest building in Wales and have for the last 7 or 8 years now, but that tower was a novelty as part of a large development. Where are all the high-salary/wage jobs to pay for expensive apartments? How many people out there to have a holiday apartment?
If it wasn’t for the banking crises, Cardiff would have eclipsed that by now. The “Glass Needle”, where No. 1 Central Sq now stands, would have done that on its own.
There are also many more serious and speculative plans for high-rise projects in Cardiff than there are for Swansea:
1) Custom House St development (Watkin Jones) – 42 Storeys (c.130m)
2) Bayscape Tower – 35ish Storeys (c.127m)
3) Bridge St development (Watkin Jones) – 25 Storeys (c.80m)
4) Herbert St (JR Smart) – 23 Storeys (c.77m)
5) Capital Quarter Block M (JR Smart) – 23ish Storeys
TBC
1) Central Square – Phase 5 (Wood St) – earmarked on master plan for a tower
2) Callaghan Square (JR Smart) – Unknown height, probably a tower given £100M is being spent.
3) Dumballs Rd Development – around 15 storeys
4) Capitol Shopping Centre – Possible 30 storey development?
Personally, I see Newport kicking off more than Swansea. Newport will eventually become a suburb of Cardiff (especially with the Metro), it’s closer to London, closer to Bristol, there is more manufacturing and industry around, some great landmarks (new and old) already there. Seriously, there are some really grand old building in Newport that escaped the bombs and bulldozers. Newport, if it was properly cleaned up, could become a little gem of a city.