The scheme would include a 7000 m2 business park, a 10,000 m2 leisure development and a 10,000-seat sporting arena. The former industrial site will also provide 1750 houses and 27,000 m2 of non-food retail space.
Other firms involved in the bid are engineering and environmental consultant Williams Thomas, quantity surveyor Cyril Sweett and town retail consultant Healey & Baker. The developer estimates that it will take up to two years and cost about £3m to prepare the land for development.
The scheme is waiting for the go-ahead from the Welsh assembly, having already secured local authority consent for remedial work on the site. However, developers are facing protests from local residents who are concerned that the project will destroy slag heaps in the area, which they feel have historic value.
The development is expected to create 2000 jobs and is said to have attracted interest from three developers. Developer Merthyr Village is chaired by the owner of the local football club, Wyn Holloway.