Time for Welsh Government to rescue the Coal Exchange

Cardiff’s Coal Exchange

Cardiff Civic Society and Save the Coal Exchange have joined forces to ask the Welsh Government to step in to save this historic building for the nation.

“The company that owns the Coal Exchange building in Cardiff has gone into administration, and the future of the building is once again uncertain,” says Nick Russell of Save the Coal Exchange (StCE).

“StCE, along with many others,  entertained high hopes that the Exchange Hotel would be a success but sadly that has not come to pass. There is still a great deal of renovation work yet to be completed on the Exchange building, and the condition of the building needs to be ascertained properly, and the fabric made secure as a matter of urgency.  

“We would like the Welsh Government to step in to find a solution to save this historic building for the people of Wales.”

Designed by Edwin Seward in 1888, as a market floor and offices for trading coal, the Coal Exchange is where the world’s first million pound deal was signed.  Its Grade 11 * listing reflects the importance of its architectural heritage, but the building also has huge cultural significance.

“The building is pivotal in placing Cardiff on the world map, and for laying the foundations for Cardiff to become a capital city, and for Wales to have its own government.  That the building has been treated so shabbily is a travesty,” says Nerys Lloyd-Pierce, chair of Cardiff Civic Society.  “Practically anywhere else in the world such a significant building would have been lovingly restored.”

Dr Elaine Davey, of StCE and the Victorian Society adds,

“I feel strongly that the Coal Exchange represents all the toil, sweat and death that was the foundation of Wales as we know it today.  It has significance way beyond Cardiff, and should be cherished as one of the nation’s most important buildings.”

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