Work starts on mixed-use building conversion

Work has started on the conversion of a Swansea city centre building to provide new homes and commercial space.The structure – on a corner of the Kingsway Circle – faces one of the main green spaces being created as part of the Kingsway infrastructure scheme.Developers Peter and Natalie Loosmore, of the city’s St Marys Square Developments, have worked with Swansea Council to secure grant funding and repayable loans to help finance the development of Kings Buildings.Kings Buildings – under phase one of the project – will have 14 new homes on the upper two floors and five new ground floor units for retail, food and drink, and professional services. This is in addition to the existing three business which will remain in occupation and will benefit from upgrading works.The upper floors of the building, which runs along College Street and Princess Way, have been vacant for more than 20 years. St Marys Square acquired the building in May 2018 from another private owner.Construction work on Kings Buildings is expected to last until around May next year.