Private real estate company Vastint has approached the City of Cardiff (Wales) Council to work in cooperation on the transformation of a largely derelict, industrial, city-centre site which runs along the River Taff.
Vastint wants to build a mixed-use redevelopment including new and affordable housing. Vastint has more than 25-years’ experience in large-scale property developments and has two large scale UK projects underway in east London and Leeds.
In Leeds, the Brewery site project is an 8.5 Ha plot in Leeds South Bank Central area in close proximity to the retail and financial quarters. Leeds station, the River Aire waterfront and the vibrant Calls area are also close by.
Vastint plans to bring forward the redevelopment of the site in line with the aims and objectives of the Leeds City Council South Bank Planning Statement to create a vibrant, well connected and sustainable residential and business community.
In London, Vastint is revitalizing 26 acres of Strand East in Stratford. They are bringing this historic and near-derelict site back to life as an energy-efficient, creatively designed, mixed-use neighborhood.
Cardiff Council is the governing body for Cardiff, the capital of Wales. The council consists of 75 councillors, 29 electoral wards and occupies over 300 buildings. Sustainable development is a guiding principle for all of the council’s activities.