Published
February 18, 2025
Landsec has secured planning permission to transform Cardiff’s former Debenhams into a “dynamic” 102,000 sq ft city square.
The commercial property giant said the investment “underscores Landsec’s long-term commitment to retail, reaffirming confidence in the sector’s future and its ability to drive sustainable economic growth”.
Securing permission from Cardiff City Council, the redevelopment has been designed in collaboration with over 5,000 local residents, resulting in a “consumer demand for high-quality leisure experiences, green spaces, and family-friendly environments”.
Bruce Findlay, managing director for Retail at Landsec, said the development would be a “significant milestone in our long-term investment strategy for [Cardiff’s] St David’s.
“Our plans will transform a former failing department store into a new public space, equivalent to almost one-and-a-half football pitches, incorporating nature, play and leisure. This will replace the 1970s concrete buildings and provide a compelling all-day destination with new hospitality and leisure experiences for the local community and visitors to Cardiff city centre.”
Landsec said St David’s continues to be the destination of choice for leading retailers, with numerous brands choosing the centre for their debut in Wales. In late 2024, Pull&Bear, Sosandar, and Sostrene Grene all opened their first country stores at St David’s. Sportswear retailer JD will also be opening a 32,000 sq ft new store later this year.
The company also said such gains reflect its “strong performance”, with occupancy now exceeding pre-pandemic levels at 96%, “reinforcing its strategic focus on high-quality, experience-led retail environments”.
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