Almost since the start, this blog has been tracking Taffia efforts to secure a new HQ for BBC Wales. According to Wales Online, a move to Cardiff Bus Station will be announced tomorrow.
The bus station (featured in Dr Who) will have to move to allow the development, nestling 'twixt the railway station and the Millennium Stadium.
Wales Online puts the cost at £170m. It'll need some scrutiny. The Taffia hope to raise £26m from their Llandaff and Ty Oldfield freeholds - no news of a purchaser as I write, so this become a fire sale. There was talk of the new home being on a 20-year lease, rather than the 30 years used by previously by other BBC schemes. On that calculation, the deal is costing £8.5m a year. Say it quick - it's for around 800 staff (pre cuts to reach DQF targets). Does the price also include include new kit and new studios ?
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