The scheme at Cardiff’s International Sports Village will feature a 33-storey tower which will be one of 10 buildings Bay Pointe - a joint venture between City Lofts and Allied Developments - is planning at the waterfront site.
The £300 million Bay Pointe project, which was given the green light by council planning authorities last week, will comprise 1,800 apartments.
Laing O’Rourke, Sir Robert McAlpine and Bovis Lend Lease can all be expected to bid when Bay Pointe managing director Chris Hamilton kicks off the selection process.
Mr Hamilton said: “We’ll be talking to contractors in the last quarter of the year with a view to starting on site before the end of 2008 or early 2009.”
The two tallest buildings in the project - including the 33-storey tower, which will be 123 m high - have been designed by the Sir Terence Conran Design Group. The approved plans have been scaled down from a prior submission, which included three high-rise buildings.
Mr Hamilton added: “We have been working closely with the local authority, planners and International Sports Village for many months to ensure this development complements and integrates with its immediate surroundings.”
He said the scheme included a number of environmental initiatives, such as combined heat and power capability in all buildings and helix turbines positioned in the two towers to lighten the energy load to the shared areas inside.
A waterfront park, with bicycle and pedestrian paths as well as children’s play areas, will also be developed.
The project is scheduled for completion between 2014 and 2016, subject to planning and economic conditions.