Developers of the £60m Bayscape scheme in Cardiff Bay are confident they have the funds to start on the 32-storey scheme.
Ardmore has been lined-up on a fixed-price contract after impressing the developers with its track record with hotels and high-rise buildings. The scheme is six months behind the original schedule.
Chris Langdon, development director at Ardmore said: "We are genuinely delighted to be partnering in the delivery of this impressive project, which builds upon our strengths in the leisure and residential sector.
"We are able to bring construction certainty and confidence to the team to help deliver the opportunities created by Bayscape and Cardiff Council."