The Cardiff city council in UK has launched tender to develop a music-entertainment and events arena with a capacity of up to 15 000 in the city of Cardiff. The Council is seeking to appoint a developer and operator to design, construct, maintain and operate the Arena. The Council will contribute financing towards the delivery of the scheme.
The successful bidder will be granted a 99-199 year lease from the Council for the Arena development. The developer will be responsible for securing the initial consortium member operator (and any successor operators) to operate the Arena for a concession period of 40-45 years. The scheme also involves the delivery of hotel development, connecting road infrastructure and public realm spaces.
The deadline to submit the response to the tender notice is September 20, 2019.
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