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Commercial Property

Hotel and rented apartment plans for £100m redevelopment of Cardiff's historic Howells building

Developer Thackeray Group will submitted its latest planning applications later this year

Artist impression of the Walters building with plans for a 120-bedroom hotel and retail on ground level as part of the wider £100m redevelopment of the historic Howells site in the centre of Cardiff.

Plans for a hotel, retail space and build-to-rent apartments, as part of the phased £100m mixed-use redevelopment of the historic Howells building in the centre of , will be submitted later this year.

Developer Thackeray Group, which acquired the listed 275,000 sq ft building out of property receivership in 2022, said it plans to submit a planning application in the third quarter (Q3) of this year for 200 build-to-rent apartments above the scheme’s Hayes and Trinity Street buildings. The application will also include 15,000 sq ft of retail space at the Hayes side of the site. The area, known as Hayes @Howells, is already being marketed to prospective occupiers. The building’s previous sole occupier, in department store House of Fraser, closed last year.

A separate planning application for a 120-bed hotel, with food and beverage space at ground floor level, at the Walter building fronting St Mary Street will be lodged towards the end of the year (Q4).

Thackeray said it was too early to say whether the hotel and build-to-rent schemes, subject to planning, would be sold on to specialist operators.

Thackeray recently secured planning consent from for phases two and three, which include 61 apartments, the restoration of the Bethany Chapel and Sunday , additional storeys to the Percy Thomas Wharton Street block, as well as partial demolition of the centre of the site to create new public realm, linking through to Cardiff Market.

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The first phase, which secured planning consent last year, centres on the redevelopment of the Percy building - the 1930s Percy Thomas designed separate site at the corner of St Mary Street and Wharton Street. Being marketed as the Percy, it will provides 25,000 sq ft of commercial space with its own rooftop terrace. It is expected to be let to an office or retail occupier.