Schroder UK Real Estate Fund (SREF) has announced that refurbishment work on Cardiff Bay’s dining and leisure destination, Mermaid Quay, is due to restart on the week commencing 6 September.
The works were halted due to Covid-19, but now the refurbishment of the 150,000 sq ft centre is due to resume.
The improvement works will include the creation of a new landscaped public space in Tacoma Square, right at the heart of Mermaid Quay overlooking Cardiff Bay. This will provide a new location for the centre’s programme of events and entertainment, as well as an area where people can sit and enjoy the waterfront.
The plans also include exciting new lighting and cladding to the bridge that spans Bute Street, complete with a welcome bilingual message “Mwynha Dy Ddiwrnod / Enjoy Your Day”, plus new lighting along the water’s edge on the Lower Boardwalk.
Other key elements include: New pavers throughout the centre, entrance markers, geolighting, wall mounted totems, new street furniture, planters, and banners.
The works are scheduled to be completed just before Easter 2022.
Harry Pickering, SREF’s head of UK retail, commented: “This is a very exciting time for Mermaid Quay. As Covid-19 restrictions ease we have started to see a strong rise in visitors returning to the centre and we are working closely with our retailers and leisure operators to ensure their reopening runs as smoothly as possible.
“The centre has always been the ‘jewel in the crown’ in The Bay, but if we are to continue to be attractive to our customers, it’s important that it continues to evolve. The refurbishment work to Mermaid Quay outlines SREF’s commitment to the Cardiff Bay area and the revamp will enliven the customer experience and create superb new public spaces to match the scheme’s beautiful waterfront setting. We can’t wait to get started.”
CBRE are managing agents for Mermaid Quay. Letting agents are Savills and Smith Price RRG.