'Iconic' Cardiff Bay building to get 拢6m revamp

Image source, Flickr/Nick Sarebi

Image caption, The building was constructed when Cardiff docks was a booming coal port

The former home of coal firm the Cory Brothers - a rundown five story Grade II-listed structure in Cardiff Bay - is to be redeveloped into apartments and shops with loans of 拢6m.

The Corys' building, on the corner of Bute Place and Bute Street, was built in 1898.

Housing and Regeneration Minister Rebecca Evans the building was "part of Cardiff Bay's historic past".

Most of the cash is being provided by the .

The bank, created last October to help small businesses grow, is giving property developers Skyview Estates a 拢5m loan for the work.

Cardiff council will also receive 拢1m from the Welsh Government's .

Announcing the money, Ms Evans said: "Together we are working to bring derelict sites in towns back into use and support activities that increase footfall on our high streets, tackle empty sites and help businesses grow and prosper."

The building was "part of Cardiff Bay's historic past, but I'm looking forward to seeing them revitalised and creating jobs and homes in the near future".

Nicola Crocker, from the bank's property team, said the structure, known as Corys' Buildings, was "an iconic and historical landmark".