City centres are dynamic places and they play a critical role in generating jobs and prosperity. Central Square is the gateway to Cardiff and the wider city region for many potential investors, new residents and visitors, and so its role in providing a positive image and framework for inward investment (in its many guises) cannot be underestimated.
Our plan seeks to provide a route towards the delivery of this vision for Central Square which will be…..
Cardiff’s economic growth will be driven by the expansion of a number of sectors, particularly financial and professional services, media and creative, life sciences, public administration and leisure, tourism and the service sector.
Central Square benefits from Tier Two Assisted Area Grant status and will play an important role in capturing the attention of potential inward investors.
The city centre must continue to grow and diversify its employment base. The key sectors that will underpin the delivery of the economy for Cardiff are critically dependent on public transport, ensuring employees from a wide geographical base can easily get to work. Central Square is adjacent to the Capital’s public transport hub.
There’s a revival of city centre living, and now Cardiff has an entirely new type of consumer to cater for. The number of people choosing to live in the city centre will continue to grow and will not only benefit the economy of the city, but also its vitality, offering animation and activity around the clock.
Ensuring that the growing and increasingly successful city centre remains accessible to its workers and customers will consolidate the city’s economic position. One of the key objectives of the Central Square scheme will be to remove transport as a constraint on future growth by encouraging people to make more use of the public transport system.