May 21, 2017 - Cardiff, Wales Grade II* listed Coal Exchange has reopened following a £40m project to save it.

Coal merchants and ship owners would meet on the trading floor of Cardiff's Coal Exchange, where – at the height of the Welsh coal industry – the world price of coal was decided.

Photo Courtesy of ITV Cymru Wales

Built in 1883, the historic building in Butetown was where the world’s first £1m cheque was signed. Coal merchants and ship owners would meet on the trading floor where – at the height of the Welsh coal industry – the world price of coal was decided.

It later became an arts venue, before closing in 2013 due to safety concerns. But last year it was purchased by property developers who began working to turn the building into a hotel.

Signature Living say some 1,100 tonnes of rubble were removed before construction began.

The property developers say some 1,100 tonnes of rubble were removed before construction began.

Photo Courtesy of Signature Living

When work is completed later this year, developers say the hotel will feature 200 rooms, a restaurant and a wedding and events space.

The Grand Hall following renovation, where coal from south Wales was once traded. 

Photo Courtesy of Signature Living