Watkin Jones and Legal & General top out at Tai Afon BTR

Watkin Jones and Legal & General celebrate topping out at the Tai Afon Build to Rent development in Cardiff.

An aerial CGI of the Central Quay development. Watkin Jones and Legal & General celebrate topping out at the Tai Afon Build to Rent scheme | BTR News
An aerial CGI of the Central Quay development. Watkin Jones and Legal & General celebrate topping out at the Tai Afon Build to Rent scheme.

Developer and manager of residential for rent – Watkin Jones – reaches a construction milestone, topping out at the Tai Afon Build to Rent development which forms part of the wider Central Quay masterplan in Cardiff. The commemorative event signals that the concrete framework is now complete.

The Tai Afon Build to Rent development is forward funded by one of the UK’s leading financial services groups and a major global investor – L&G. Topping out was a significant milestone for everyone involved in the project.

“We are thrilled to see Tai Afon reaching its next milestone and to experience the great amount of momentum behind the build. The city of Cardiff is extremely important to Legal & General with this scheme playing a key part in its regeneration.

“We look forward to the next stage and would like to thank our partners Watkin Jones for their continued support.”

Dan Batterton, Head of Residential, LGIM
Pictured left to right: Alex Pease, Chief Executive Officer, Alexandra Brown, Senior Development Manager and Gwyn Pritchard, Managing Director – Construction at Watkin Jones at the ceremony | BTR News
Pictured left to right: Alex Pease, Chief Executive Officer, Alexandra Brown, Senior Development Manager and Gwyn Pritchard, Managing Director – Construction at Watkin Jones at the ceremony.

The Tai Afon scheme will deliver 718 Build to Rent homes in a mix of studio, one, two and three-bedroom apartments. Residents will benefit from several amenities, including roof terraces, a cinema, gym, yoga and spin studios and a concierge service. The scheme will also deliver a public square overlooking the River Taff, alongside over 19,500 sq ft of retail space.

The development will meet BREEAM and Home Quality Mark standards. It will incorporate roof-mounted photovoltaic panels along with energy-efficient air source heat pumps for electricity and hot water generation.

The Tai Afon project aligns with the environmental, social, and governance (ESG) aims of both Watkin Jones and L&G and reaffirms their joint commitment to sustainable living.

The topping out ceremony at Tai Afon, Central Quay, Cardiff | BTR News
The topping out ceremony at Tai Afon, Central Quay, Cardiff.

Situated near the Principality Stadium, the scheme is in a prime location, under a five-minute walk to Cardiff train station and the city centre. Resident benefit from the excellent transport options to the south west of England, with Bristol and Bath a short journey away and an easy commute to London.

“We are delighted to announce that we have successfully topped out at Tai Afon, at Central Quay. This celebratory event marks the significant progress that has been made on this development since we broke ground back in March 2023, and it could not have been done without the dedication and efficiency of our hard-working construction team.

“Reaching this milestone is also testament to our commitment to delivering high-quality, sustainable homes in the Welsh capital, a city that continues to be one of the UK’s leading locations to work, live and play.

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

Gwyn Pritchard, Managing Director – Construction, Watkin Jones

The £200m investment into the Central Quay development is a part of the wider £1bn regeneration project. The Tai Afon Build to Rent scheme and the wider project is helping to address the growing demand for rental homes in Cardiff.