The proposed redevelopment of the Queen’s Arcade site would see Cardiff gaining a new shopping street with hotel, retail and commercial space.

New plans have been revealed to knock down one of Cardiff’s largest shopping centres to make way for a new development.

Queens Arcade in the city centre could be demolished and replaced with a modern development according to new plans released this week.

The existing shopping centre, which was built in 1994, would be replaced with a new open street linking Working Street, Queen Street and St David’s Shopping Centre under the new plans.

“We want to ensure we deliver a well-integrated, sustainable scheme that adds value to Cardiff’s City Centre and brings the site back into positive use,” said Nigel Turner, a partner at site owner Addington Capital.

“We are committed to engaging with local communities and businesses and look forward to talking more about the plans and hearing comments and feedback over the coming weeks.”

Designed by Cardiff’s Holder Mathias Architects, the proposed development would be a shopping street with hotel, retail and commercial space.

The pre-application consultation for the development was launched on Tuesday, and the finalised scheme will be submitted to Cardiff Council later this summer.

Nigel Turner added: “The opportunity to redevelop Queens Arcade is an important part of Cardiff’s city centre evolution given the changing face of retail and consumer behaviours.

“With the concentration of retail uses into a tighter central area this proposed scheme will bring new life to this important part of the city with residential, hotel and office uses, together with the creation of a whole new street and focal point.”

Gareth Hooper, chief executive of Cardiff-based DPP Planning, which will submit a planning application for Queens Arcade, said: “We have been closely involved with this site for more than a decade and believe this proposed development will breathe new life and vitality into this part of the city.

“We have contributed to the delivery of a number of changes to maintain the viability of the shopping centre throughout that period, but share Addington Capital’s view that the time is right to transform the site.

 “The decline in town centre retail is creating an opportunity to create a more sustainable future for the city with a mixed-use scheme that will set the standard for other similar developments that will positively reshape our towns and cities.”