Market Leads & Opportunities
Shortlist drawn up for Swansea regeneration partner
A shortlist has been drawn up in Swansea City Council’s hunt for a development partner to regenerate a number of major sites as part of the city’s £1bn regeneration plans.The specialist investor or developer chosen in the ongoing selection process will work with the council on its Shaping Swansea initiative.It could include projects such as a public sector hub in Copr Bay Phase Two, a mixed-use development on the existing Civic Centre site overlooking Swansea Bay and a major leisure destination on the Hafod-Morfa Copperworks site. Shaping Swansea’s formal launch took place in September. The preferred partner is expected to be selected in the second half of this year The partner’s work will be in addition to major transformation schemes already underway in Swansea. These include the £135m Copr Bay Phase One, with 3,500-capacity indoor arena, the £12m Kingsway overhaul and 71/72 Kingsway, a planned £30m city centre hub for tech and creative business.
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