Sir Robert McAlpine is now on site at the Cardiff Gate International Business Park working on the first phase of a planned 82,880 sq ft of new space.
Tony Fletcher, managing director of Cardiff Gate International Business Park said: “We are thrilled to be starting development again at this leading centre of commerce after a three year break due to tough market conditions.
“As the economy comes out of recession, we believe the time is right to begin development again. There are now a number of active inquiries out there for the type of product we can offer here – quality office space with good transport links and access to a highly skilled workforce.”
McAlpine is working on two units which will be the first of six detached three-storey buildings for the extension to the park known as Lime Tree Court. One block is being speculatively developed while accountant Broomfield & Alexander has pre-let 10,000 sq ft for its new headquarters.
Completion of the first phase is due by December. Fletcher Morgan is the agent for the 100-acre business park located on junction 30 of the M4.
John James at Fletcher Morgan said: “With very little speculative development currently under construction in Cardiff, it is encouraging to see Cardiff Gate’s confidence by pressing ahead with this development. It is a demonstration of confidence in the city, putting them in a strong position to compete successfully for new occupiers.”