Landsec, owner of one of the UK’s leading retail destination portfolios, has released its annual social and economic impact report revealing how St David’s Cardiff is helping to drive local growth, contributing £157,185,922 to the local economy and supporting 3,923 jobs in 2025.*
As one of Wales’ leading retail and leisure destinations, St David’s plays an important role in people’s everyday lives that extends far beyond shopping. By supporting business growth, creating jobs and pathways into employment and providing a place where communities come together, the destination creates lasting value for local people, businesses and neighbourhoods.
In 2025, St David’s supported 3,923 jobs across Landsec, its retail partners and businesses operating at the destination. It also helped 248 people move closer to employment through initiatives such as employability partnerships, which provide valuable hands-on industry experience, and work placements.
The research also found that St David’s delivered £544,443.98 million in social value in 2025 through investment in local communities and employment initiatives, including bursaries, community grants, volunteering and partnerships. These initiatives help create lasting value beyond economic contribution by supporting community wellbeing, strengthening local partnerships and fostering a sense of pride in the local community.
Alongside its economic and social contribution, St David’s continues to invest in a more sustainable future. In 2025, the destination reduced its energy intensity by 7%, reflecting Landsec’s commitment to creating places that deliver lasting value for local communities and the environment.
St David’s Cardiff continues to strengthen its position as Wales’ leading retail and leisure destination, with iconic brands choosing to open their first Welsh stores at the centre, such as Pop Mart, Sephora and the upcoming opening of the UK’s largest Hollywood Bowl this week. Alongside the continued strengthening of the retailer line-up, with occupancy at 97%, St David’s Cardiff has recently announced plans to transform Queen’s Arcade. The elevated hospitality-led space will enhance the experience for locals and tourists alike, whilst creating new job opportunities. Beyond retail, St David’s remains committed to making a positive impact through partnerships with organisations including Mastering Diversity, and initiatives such as ‘Made in Cardiff’, championing local talent, inclusivity and opportunities for the wider community.
Helen Morgan, Centre Director at St David’s Cardiff, said: “Retail destinations are part of the fabric of the communities they serve. They help local businesses grow, create employment opportunities and provide places where people can come together, connect and spend time.
“The findings published today demonstrate the important contribution St David’s continues to make to Cardiff. By investing in the destination, supporting employment, working with community partners and operating more sustainably, we’re helping businesses and communities thrive. In turn, that attracts further investment, supports long-term growth and creates lasting value for the local area.”
