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Swansea regeneration set for major step forward

Swansea Council is set to give a £10m boost to the city's striking transformation.

ArenaParklandJune2018

The funding, from the council's existing capital budget, will help it take the next steps on eye catching schemes such as:

  • Swansea Central - including the digital arena and coastal parkland
  • the Kilvey Hill Skyline cable car plan - with extreme activities such as zip wires
  • the Hafod Copperworks regeneration - with Penderyn Whisky
  • Castle Square - with more green space
  • The Kingsway - including its urban parkland and Digital Village.

The council's cabinet will be asked to approve the funding when it meets on Thursday, June 21.

Council leader Rob Stewart said: "We want to create a vibrant and viable city and economy; our regeneration plans will achieve this. They will help claw back the £158m of spending by Swansea people that currently leaks out of the city.

"We're on the front foot as a developer and as an enabler of projects - and will continue to push ahead.

"Parts of our work to transform the city centre and the Tawe riverside corridor are already well advanced, including the highly visible Kingsway Infrastructure Project. Last week we signed a key agreement with Skyline; this week we hold a public consultation on Swansea Central Phase One.

"Swansea is undergoing its biggest transformation in 70 years and a number of major construction sites are now active. This will significantly improve the city for residents, open up thousands of new jobs and generate far more opportunities than ever before.

"Through the regeneration and the Swansea Bay City Deal we will boost our economy and increase the number of people working and living in Swansea and bring high-quality well paid jobs to the area."

The funding under discussion at next week's cabinet will include provision for the design and planning of Swansea Central Phase One, including selecting partners to deliver residential and hotel elements.

The funding will allow for the creation of initial designs for phase two - and to attract private sector interest.

It will allow the council to appoint a professional team to develop the Kingsway's digital village and to appoint digital experts to help create a city centre public broadband infrastructure. 

The funding will also match fund the council refurbishment of the Powerhouse building at the copperworks. This is also the subject of a funding application to the Heritage Lottery Fund. Penderyn would fit out the building as a distillery and visitor centre.

The funding will also allow the council to appoint consultants to undertake a feasibility study for Castle Square and to secure legal support and undertake a site services investigation for the Skyline project.

 

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