BBC Wales has revealed plans to build a new headquarters in Cardiff, following a three-year study into its ageing facilities in Llandaff.
The purpose-built broadcast centre will be located at a 150,000 sq ft development in Capital Square on the site of Cardiff’s central bus station.
It is expected to be complete by 2018 and follows a three-year study into the state of the organisation’s current headquarters in north-west Cardiff.
More than 100 jobs are expected to be created during the construction phase.
The new centre will be about half the size of the current premises and less expensive to run, the BBC said.
It added that upgrades to the current site were ruled out, since they were too costly and disruptive and would take longer to deliver.
The development will be funded by the sale of the the existing Llandaff sites.
It is hoped the BBC’s decision will drive regeneration in Cardiff, with the city developing a new masterplan for both the northern and southern sides of the city’s central station.
First minister Carwyn Jones said the BBC’s investment mirrored the generation seen in Glasgow, Salford and London.