Cardiff Council said the proposal took a "step forward" on Thursday when Live Nation and Oak View Group were appointed as operators of the venue while Robertson will develop the site.
But work would be completed in stages - starting with a multi-storey car park on the Red Dragon Centre's overflow car park. "Through the Atlantic Wharf masterplan, significant improvements will be made to the public realm and to transport links, and there is no doubt that the regeneration of this site will kick-start the next phase of regeneration in Cardiff Bay," said Cardiff councillor Russell Goodway.
"The new indoor arena will be a top tier UK visitor attraction and the financial benefits that it will bring to Butetown and the wider area will be significant.
All my achievements started with a determination to try, I took a bold decision with Lisakendriick which impact so much on my financial status.
good luck
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