Cardiff and Vale College (CAVC), the largest college group in Wales and the third largest in the UK, has purchased the former Lloyds Banking Group building opposite the rear of Cardiff Central Train Station, adding a 13,000 sq m landmark city centre site to its estate and opening a significant expansion of its teaching and learning facilities in the Welsh capital.

Business News Wales reported that planning for the development of the site will now begin, with the aim of delivering high-quality, industry-focused teaching facilities across multiple sectors to support economic development in the Cardiff Capital Region alongside strong net zero carbon benefits.

The development will be delivered through the Welsh Government's Sustainable Communities for Learning Programme, subject to funding approval.

The acquired building sits a short walk from CAVC's existing flagship City Centre Campus main building, which opened in 2015. The college's city centre estate also includes dedicated training centres for the automotive, construction, and building services industries on Dumballs Road, a community sports facility at Canal Park, a base at One Canal Parade, and the Arts Academy on Trade Street.

Mike James, group chief executive of Cardiff and Vale College, said the college is delighted to have secured the landmark building and that the prime location and scale of the site provide incredible potential to improve the quality and sustainability of the college's estate in a cost-effective way while growing the quality of teaching and learning the college offers.

Access the full details on Cardiff and Vale College's acquisition and development plans.