Plans for 2,500 new homes in Cardiff, with new office, leisure and retail space, have been submitted for approval.
Following a public consultation exercise developer Vastint 海角视频 has lodged an outline planning application for its proposed development, the Embankment, with Cardiff Council.
The masterplan covers 40-acres of land at Dumballs Road across to the River Taff.
The mixed-use project aims to strengthen connections between the city centre and Cardiff Bay along the banks of the river.
As well creating up to 2,500 new homes the Embankment scheme would provide more than 500,000 sq ft of new business space as well as opportunities for leisure, hospitality and retail users, on what is currently seen as under-utilised, low-quality industrial space.
Subject to approval the scheme would also provide new connections between Grangetown and Butetown with a new cycle and footbridge across the River Taff.
The scheme also has a new public square in the centre of development.
There are also plans for a new water taxi-stop.
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Vastint 海角视频 has agreed a contribution of 12.5% affordable homes to support Cardiff Council in meeting its housing targets.
Andrew Cobden, managing director of Vastint 海角视频, said: “We have worked closely with Cardiff Council, planners Turley, architects 3D Reid, landscape designer Planit-IE and Stantec over the past two years to create a vision that we hope will transform this underused area of Cardiff into a thriving new district for the city and its residents."
Cardiff Council is supportive of the scheme and last year agreed to sell 8.5 acres of land off Dumballs Road to help Vastint bring its plans forward.
The Embankment site is Vastint 海角视频’s third major development, alongside Aire Park in Leeds and Sugar House Island in London.
Subject to approval work on the first phase of the project would start later this year.