Red Dragon Centre Explained

Red Dragon Centre
Alternate Names:Atlantic Wharf Leisure Village
Building Type:Entertainment, leisure complex
Mapframe:no
Owner:Cardiff Council (2020)
Location:Atlantic Wharf, Cardiff Bay
Coordinates:51.4667°N -3.1641°W
Architecture Firm:Holder Mathias

The Red Dragon Centre is an indoor entertainment complex in southern Cardiff, the capital of Wales. It was originally known as the Atlantic Wharf Leisure Village when it opened in August 1997. The complex features restaurants, cafés, a Hollywood Bowl bowling alley with arcade amusements, an Odeon multiplex cinema, a casino and an on-site car park.

It is located in the Cardiff Bay area, opposite the Wales Millennium Centre. This is close to the A4232 and near Cardiff Bay railway station. It is directly served by Cardiff Bus routes 6 (Baycar) and 8 (via Grangetown, Central Station) to the city centre.

History

The centre opened in 1997 as the Atlantic Wharf Leisure Village. The centre was renamed in 2000 as Red Dragon Centre (named after the commercial radio station for Cardiff and Newport, Red Dragon FM) Red Dragon FM has since been rebranded as Capital South Wales. The station is based in the centre, alongside Heart South Wales.

The multiplex cinema was originally managed by United Cinemas International (UCI). However, in 2004 Odeon and UCI were bought by private equity firm, Terra Firma, and the two companies were merged under the Odeon name.[1]

In 2020, the British Airways Pension Fund sold the Red Dragon Centre to Cardiff Council for a reported £60m.[2]

Future plans

In November 2018, it was reported that a 15,000-seat indoor arena would be built on the site.[3] The Atlantic Wharf site was chosen over six other sites, including Callaghan Square near Cardiff Central railway station, the 5,000-seat Cardiff International Arena, with an arena suggested as part of a £150m redevelopment of Cardiff Arms Park.[4]

The current Red Dragon Centre could be demolished and replaced by a new leisure complex, or receive a partial redevelopment on the existing site. If demolished, tenants would migrate over to the new property while the remaining parts of the project are built. A planning application was expected to be submitted in July 2019.[3] On 17 December 2019, it was announced that Cardiff Council's cabinet had been granted permission for the local authority to purchase the Red Dragon Centre from the British Airways Pension Fund (BAPF) for an undisclosed sum. An element of the purchase price will only be payable to the pension fund when a planning application is submitted for the new Arena project on any part of the Atlantic Wharf site (the combined County Hall and Red Dragon Centre site) within a 10 year period.[5]

The council aimed to appoint a development partner and operator for the new arena by April 2020 and for a detailed planning application to be submitted by the selected developer before September 2020.[6] Construction work was projected to begin in May 2021 so the arena could open in June 2023. The new arena was expected to be based on the Ziggo Dome in Amsterdam.[2]

Live Nation UK, the operator of the city's Motorpoint Arena, has approached the council with a view to operating the new venue if it is built.[7] On 27 November 2020, Live Nation and builders Robertson Group were announced as the winning bidders to operate and construct the venue. Entertainment investors Oak View Group are also part of the consortium.[8] In October 2023, it was revealed that the arena's exterior design had been revised and the seating capacity reduced from 17,000 (initially approved by the council in March 2022[9]) to 15,358, with the opening date pushed back until 2026.[10] [11] The following month it was reported that enabling works were now expected to begin in January 2024, in preparation for construction work to start in June that year.[12] Further plans, that could form part of a £500m regeneration scheme, include waterfront apartments, bars and restaurants, a cinema complex and a hotel.[13]

Centre tenants

Current tenants include:

See also

Notes and References

  1. Walesonline.co.uk (article from Western Mail) Terra Firma ‘in talks to sell Odeon and UCI Cinemas for £1.2bn’ April 13, 2011 (viewed 2011-10-07)
  2. Web site: The bold £500m development for Cardiff Bay with an indoor arena at its heart. Sion. Barry. January 28, 2020. birminghampost.
  3. Web site: 15,000 indoor arena set for Cardiff Bay. 11 November 2018. BBC. 15 January 2019.
  4. Web site: £110m Cardiff arena site revealed. 9 February 2018. 9 April 2019. www.bbc.co.uk.
  5. Web site: Cardiff Council Cabinet Report: Indoor Arena Update. Hanratty, Neil. 19 December 2019. www.cardiff.gov.uk. 17 April 2020.
  6. Web site: Cardiff arena plans given green light. www.musicweek.com. 7 January 2020.
  7. Web site: Cabinet to authorise negotiations on land purchase for arena. Insider Media. Ltd. Insider Media Ltd. 9 April 2019.
  8. Web site: Cardiff Indoor Arena: Thousands of jobs could be created by construction. November 27, 2020. www.bbc.co.uk.
  9. Web site: Green light for multi-million-pound Cardiff Arena plans. Rhys. Gregory. 16 March 2022. 21 October 2023.
  10. Web site: Cardiff arena plans revised, Stoke project axed. Rob. Ridley. 20 October 2023. The Stadium Business. 21 October 2023.
  11. Web site: New design agreed for major new Cardiff Bay arena. Ted. Peskett. 19 October 2023. Wales Online. 21 October 2023.
  12. Web site: Cardiff’s new Indoor Arena moves into the development phase. www.cardiffnewsroom.co.uk. 21 November 2023. 21 November 2023.
  13. Web site: Massive indoor arena in Cardiff Bay planned for 2023. Bronte. Howard. December 13, 2019. walesonline. 7 January 2020.