Schroder UK Real Estate Fund (‘SREF’) has signed a deal to bring Everyman Cinema to Mermaid Quay, as part of the fund’s multi-million pound strategic repositioning of the popular 150,000 sq ft mixed-use destination on the waterfront in Cardiff Bay.
RPA are acting for JLL Cardiff as quantity surveyor and CDM principal designer on the project which will be Everyman’s first site in Wales and will comprise five screens along with the company’s signature chic sofa seating and innovative waiter service.
Located on the terrace level of the scheme, the cinema will sit alongside Mermaid Quay’s vibrant mix of top high street and independent food & beverage brands. It is anticipated that the project will be completed by Autumn 2019.
Nick Soady, director, commented, “We are delighted to be working for JLL together with ASL and Arup to deliver this cutting edge cinema complex at Mermaid Quay for Schroder. The contemporary vision for the scheme complements the incredible waterside location and the transformation plans that are in place for refurbishment will be a key factor in creating a new vibrant future for the Bay.”