Goldbeck has scooped part of a multi-million pound deal to develop a new municipal office block and production studio in Cardiff.<\/p>\n
Goldbeck UK \u2013 a subsidiary of German commercial contractor Goldbeck GmbH \u2013 is one of three firms named on the project, which includes a replacement for Cardiff Council\u2019s headquarters.<\/p>\n
The council initially planned to revamp the current County Hall, but said last December that a new building would cost \u201caround half the price\u201d. The new site will measure 11,150 square metres in total.<\/p>\n
Goldbeck said it had entered into a pre-contract service agreement with the local authority to fix the design and cost before entering a development agreement later this summer.<\/p>\n
Goldbeck UK director Craig Davies concluded: \u201cThe UK potentially will be the biggest construction growth market in Europe over the next 10 years. But without a radical shift in approach by the British building industry, which is plagued by project delays and cost-overruns, the government will struggle to reach its affordable housing and infrastructure development targets.<\/p>\n
“Goldbeck aims to be a disrupter in the UK market and demonstrate how our flexible, integrated construction model can overcome the hurdles holding the industry back.\u201d<\/p>\n
Goldbeck will also work on a new 3,000 square metre Capella Production Studio and a 3,750 square metre events hall, alongside public realm and road infrastructure work.<\/p>\n
The project is Area A of the Atlantic Wharf regeneration programme, a 30-acre, seven-year long scheme with a \u00a31bn gross development value.<\/p>\n
In total, it will deliver 153,300 square metres of mixed-used space, including leisure, office, housing and hotel space.<\/p>\n
Aviva Investors and management consultancy the Litmus Partnership have also been named on the project. Some of the construction financing for the job is coming from the Goldbeck Group\u2019s investment company, Indigo.<\/p>\n
The contract notice did not specify how the job value will be split between the three firms but said the total spend would be \u00a378m.<\/p>\n
Goldbeck Construction will also fit out the new office and production studio as part of the job.<\/p>\n