Cardiff Arena Operator and Developer
Cardiff Council (“the Council”) is the freeholder of the Site on which it wishes to develop a music/entertainment and events arena with a capacity of up to 15,000 (“the Arena”). The Council is seeking to appoint a developer and operator to design, construct, maintain and operate the Arena. The Council will contribute financing towards the delivery of the scheme. The successful bidder will be granted a 99-199 year lease from the Council for the Arena development. The developer will be responsible for securing the in...
Buyer
Cardiff Council
Value
£150,000,000
Published
19 Sept 2024
Closes
19 Sept 2024
Procurement details
Source
Find a Tender
Region
Cardiff and Vale of Glamorgan
Procurement method
Award Procedure With Prior Publication Of A Call For Competition
Category
Works
Contract starts
Not provided
Contract ends
Not provided
CPV classifications
45000000
Construction work
45100000
Site preparation work
45212224
Stadium construction work
45210000
Building construction work
45212000
Construction work for buildings relating to leisure, sports, culture, lodging and restaurants
45212100
Construction work of leisure facilities
45212170
Entertainment building construction work
45212320
Construction work for buildings relating to artistic performances
Lots
Lot 1 Cardiff Arena Operator and Developer
£183,000,000
Continues from II1.4. The Council’s financial contribution to the scheme will be through a Funding Agreement with the developer for up to 30m GBP or alternatively through an income strip lease arrangement over the term of the concession. Bidders are expected to submit tenders on both of these basis. Further details are provided in the Descriptive Document an...
Delivery: Cardiff and Vale of Glamorgan
Documents
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Contains public sector information licensed under the Open Government Licence v3.0.