The facility is being built for production company Bad Wolf and the building is expected to be ready for film productions in autumn 2017.
The Welsh Government acquired the 250,000 sq ft former Nippon Glass building at Trident Park from Legal & General. The site will be leased on commercial terms and provide studio facilities for Bad Wolf's production slate as well as being able to accommodate other major TV production.
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The facility will be capable of accommodating large scale productions and Bad Wolf plans to film the majority of its forthcoming productions in the studio.
Heather Lawrence, senior surveyor at JLL's Cardiff office, which helped advise on the site's sale, said: "We have been working closely with Welsh Government for some time to find the right site that will be a major boost for the Welsh creative industries.
"We were working with some specific requirements – Bad Wolf needed at least 200,000 sq ft of shooting space, two large stages with eaves height of more than 10 metres as well as office space.
"This level of investment is a huge vote of confidence in Cardiff as a national and international hub for the creative sector.”
(LM/MH)
