Coal Exchange

The Coal Exchange (also known as the Exchange Building) is a historic building in Cardiff, Wales. It is designed in Renaissance Revival style. Built in 1888 as the Coal and Shipping Exchange to be used as a market floor and office building for trading in coal in Cardiff, it later became a hub of the global coal trade. It is situated in Mount Stuart Square in Butetown, and was for many years the hub of the city's prosperous shipping industry. It later became a music venue, with offices remaining in use in the West Wing, before being closed indefinitely in 2013 due to building safety issues. Following a series of proposals to demolish the building, Cardiff Council purchased the Coal Exchange. In 2016 the property was sold to the Liverpool-based hospitality company Signature Living, which began a programme of restoration and conversion of the building into a hotel. During the COVID-19 pandemic, the company Signature Living entered administration leaving the future of the building in limbo. During the summer of 2020, the Coal Exchange Hotel was saved by Cardiff-based company Eden Grove Properties, who reopened the hotel during September 2020 with no affiliation to the former owners Signature Living. After just two weeks the hotel was forced to close again inline with the firebreak lockdown in Wales to help stop the spread of COVID-19. The hotel was to reopen during 2021, with the new owners seeking to redevelop the building's facilities.