Sunday, 11 May 2025
Catella APAM and Bankfoot APAM have announced the practical completion of Gramercy Tower, a major residential development in Cardiff city centre. The project, delivered on behalf of Catella’s Pan-European Article 9 fund, CER III, aims to address the growing demand for high-quality housing in the Welsh capital.
Gramercy Tower comprises 188 apartments, including 120 one-bedroom, 66 two-bedroom, and 2 three-bedroom units. The development is designed to cater to the evolving needs of urban living, featuring a range of modern amenities such as co-working spaces, a residents’ lounge, a fully equipped gym, and two rooftop terraces offering panoramic views of the city. Additionally, the property provides bicycle storage and electric vehicle charging stations, reflecting a commitment to sustainability.
Located in close proximity to Cardiff’s Central Enterprise Zone, the development offers convenient access to key employment hubs, Central Quay, and Cardiff Central train station. Its strategic position is expected to attract professionals and families seeking a well-connected, urban lifestyle.
Commenting on the completion, Chalwe Silwizya, Asset Manager at Catella APAM, emphasized the significance of the development in Cardiff’s evolving residential landscape. “Gramercy Tower not only delivers modern, high-specification apartments but also provides a lifestyle that meets the demands of city living. We look forward to welcoming residents to this exceptional development.”
The project’s completion follows an extensive development process focused on delivering high-quality residential spaces with a strong emphasis on sustainability. Patrick Vincent, Development Manager at Bankfoot APAM, expressed pride in the achievement, stating: “Gramercy Tower is the result of a dedicated effort to create a thoughtfully designed, sustainable development. Its prime location and outstanding amenities make it a standout residential destination in Cardiff.”
As Cardiff continues to attract new residents and businesses, Gramercy Tower is expected to play a key role in the city’s growth, offering premium housing in a prime location. Catella APAM and Bankfoot APAM remain committed to delivering projects that align with modern urban living trends and environmental sustainability.
