Revised plans for a £60m waterfront flats and hotel development, stalled by the global financial crisis, have been given the go-ahead.
Cardiff council’s planning committee backed a proposal by the developers behind the Bayscape scheme to increase the number of apartments and commercial space.
Under the new plans, the hotel – which could become one of the tallest buildings in Wales – will be built in a later phase.
The 32-storey hotel, to be run by American luxury chain Wyndham Hotels, has been dogged by delays since planning permission was granted in October 2009.
At 127m high, it would be higher than the 80m Capital Tower, the BT Tower, which is 78m with a 40m spire on top, and the 107m-tall Meridian Quay in Swansea.
The 24th and 25th floors will be taken up with a bar and restaurant that will offer panoramic views.
In addition to the 200 rooms, there will be 35 exclusive serviced apartments on the top floors.
Under the revised plans, the number of apartments will increase from 103 to 125 and the amount of retail and food and drink space will rise from 750sq m to 1,200sq m.
Councillor Lyn Hudson questioned the rationale behind the decision to reduce the size of the apartments.
According to Bayscape Ltd, new advice from consultants Savills suggests there is a demand from local buyers for smaller apartments than were originally proposed.
Committee chairman Michael Michael said the size of the apartments was a matter for the market, not the committee, adding: “If they are too small the public will not buy them.”
The marina management suite will also increase in size from 50sq m to 200sq m.
Bayscape Ltd must submit plans for affordable housing by September.
The Section 106 agreement will be amended to allow the affordable housing to be provided off-site in Grangetown or the adjoining wards. The other option is for the developer to make a financial contribution.