A prime site in the centre of Cardiff which had been intended for a 32-storey apartment skyscraper has been put back on the market.
The site of the former planning offices of Cardiff council – adjacent to Cardiff Central railway station on Wood Street – is being marketed by Knight Frank.
The near-one-acre site was purchased from the council in 2003 for £2.5m, after the original office buildings were demolished.
It subsequently received planning consent for a £50m residential scheme for nearly 250 apartments to include a 32-storey glass “needle”, known as the Seren, in 2005.
The scheme was being driven by developer Urban Solutions.
More recently the site has received planning permission for the construction of two hotels totalling 360 bedrooms.
Matt Phillips, managing partner of the Knight Frank Cardiff office, said: “This is one of the best located development sites in the city which is suitable for residential and commercial uses, or a mix of both.
“The fact that it is located immediately adjacent to Cardiff’s main transport hub, is opposite the Millennium Stadium and overlooks the river means that it should prove attractive to a wide range of parties.
“It also has the potential to form part of a re-development of this part of the city given the council’s aspiration to improve Central Square and the bus station.”