Latest:
Taywood set for £20m sports deal
11:24 09 Aug 2002
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Taylor Woodrow is emerging as preferred bidder for a £20m-plus
remediation package to kick off a £700m scheme for an
international sports village at Cardiff Bay.
It is understood that Nuttall is the city council's reserve bidder, with a pitch from Mowlem totally out of the reckoning.
Insiders say the contract could be expanded to take in infrastructure work as well, bumping up the deal's value by at least a further £2m.
Subject to full planning consent, the remediation and revetment deal will start early next year.
Plans for the village include a 10,000-seat arena, swimming pool, 1,000 apartments, hotels and a snow dome.
Three more firms originally priced the remediation scheme. But Thyssen, Costain and Alfred McAlpine pulled out after deciding they had to shoulder "too much risk".
It is understood that Nuttall is the city council's reserve bidder, with a pitch from Mowlem totally out of the reckoning.
Insiders say the contract could be expanded to take in infrastructure work as well, bumping up the deal's value by at least a further £2m.
Subject to full planning consent, the remediation and revetment deal will start early next year.
Plans for the village include a 10,000-seat arena, swimming pool, 1,000 apartments, hotels and a snow dome.
Three more firms originally priced the remediation scheme. But Thyssen, Costain and Alfred McAlpine pulled out after deciding they had to shoulder "too much risk".
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