McLaren Breaks Ground on £300m Cardiff Arena as Project Reaches Key Milestone

Cardiff’s long-anticipated 16,500-capacity indoor arena has taken a major step forward, with financial close now officially reached on the £300 million project. The development, backed by Cardiff Council and a consortium led by Live Nation and Robertson Property, has also named McLaren Construction as the main contractor, with work set to begin immediately. Originally estimated at £280 million in March 2023, rising inflation has pushed the cost of the scheme past the £300 million mark. The arena is now on track for completion and opening in 2028.

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