Major milestone for Build-to-Rent development in Cardiff

Watkin Jones, the UK’s leading builder and property manager of residential rental properties, has reached the top of a 718-apartment Build-to-Rent development in central Cardiff.

Tai Afon is part of the wider Central Quay masterplan and will offer a range of studios, one, two and three-bedroom apartments, as well as concierge service, private dining, cinema, yoga and spin studios and a gym, plus terraces.

Additionally, the development will include a public square overlooking the River Taff and over 1,800 m² of commercial space.

The £200 million investment in the Central Quay development is part of a wider £1 billion regeneration project in the Welsh capital and is helping to meet the growing demand for rental housing in Cardiff.

Watkin Jones said the completion was a significant milestone for them, Legal & General (L&G) and the subcontractors.

The project has been pre-funded by L&G. It will meet BREAAM and Home Quality Mark standards and incorporate roof-mounted PV panels, together with energy-efficient air source heat pumps for electricity and hot water generation.

Gwyn Pritchard, Managing Director – Construction, Watkin Jones, said:

“We are delighted to announce that we have successfully reached the top of Tai Afon at Central Quay. This celebration
The event marks the significant progress that has been made on this development since we broke ground in March 2023, and could not have been done without the dedication and
efficiency of our hard-working construction team. Achieving this milestone is also testament to our commitment to delivering high-quality, sustainable homes in the Welsh capital, a city that
remains one of the UK’s top places to work, live and play.

“This achievement not only marks a significant step forward for our project, but also for the wider regeneration of Central Quay, contributing to the future of Cardiff and we are delighted with the role Watkin Jones plays alongside L&G.”

Dan Batterton, Head of Residential at LGIM, said:

“We are thrilled to see Tai Afon reach its next milestone and experience the great amount of momentum behind the build. The city of Cardiff is hugely important to Legal & General, with this scheme playing a key role in its regeneration. We look forward to the next stage and would like to thank our partners Watkin Jones for their continued support.”