Barry Island railway station could soon be home to a mix of restaurants, shops, business units, and residential tourism properties.
The Vale of Glamorgan Council has agreed to market the station building and will accept a variety of tenants.
Cllr Lis Burnett, Vale of Glamorgan Council Cabinet Member for Education and Regeneration, said: “This is a hugely exciting opportunity to redevelop one of Barry’s most iconic buildings.
“Following on from the success of similar regeneration projects at nearby locations, we hope this can be another project that turns an underused site into something vibrant and modern that will be of significant benefit to the local community.
“I can’t wait to study the proposals we receive and discover what the future could hold for Barry Island Station.”
The council hopes the redevelopment of the building, which is opposite the fairground, will compliment Barry’s seaside resort, as well as capitalising on the success of the rejuvenated Island and the regeneration of neighbouring Barry Waterfront and its Innovation Quarter.
The Goodsheds, a former railway storage building on Hood Road has been converted into a shipping container village of office space, retail units, restaurants, and a coffee shop alongside an apartment complex.
Before that, the Pumphouse, another 19th Century Building with major historical significance, became home to the award-winning Hang Fire Southern Kitchen, Academy espresso bar, Snap Fitness gym, and live-work apartments.
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Both projects were developed by Simon Baston, the managing director of the Penarth-based Loft Co.
There have been proposals to convert the Grade II-listed former public conveniences on Barry Island into a restaurant hub.
Work on the building has not started. Business Live has attempted James Morse, the managing director of Morse Affiliated the company behind the planned regeneration, about why the plans have stalled, but as yet had no reply.
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Previously Mr Morse shared grand plans for the imposing building that has sweeping views of Whitmore Bay. Mr Morse also said he had tenants lined up, including an outlet of the Lounges chain and a site from the Porthcawl based Harbour Bar & Grill.
At the waterfront’s Innovation Quarter there have been proposals for a new college campus for Cardiff & Vale, as well as a primary school and The Engine Room, which will offer office accommodation.
Under the latest proposals, current tenants Cambrian Transport, who operate the Barry Tourist Railway, would remain at the station.