The Regeneration Plan is transforming the heart of Swansea
According to Lisa Hartley, Quadrant Shopping Centre Manager, Swansea Arena, and other developments, which are part of the £1 billion regeneration programme in the heart of Swansea, have helped to raise the city centre’s profile and attract more visitors.
The arena, which was developed by Swansea Council, in partnership with RivingtonHark, and is run by Ambassador Theatre Group, has had a significant impact on footfall in the Quadrant, particularly following the pandemic.
In addition to the arena, there are a variety of other council-led projects aimed at furthering the regeneration, and reinvigoration of Swansea. For example, plans are in place for a revamped Castle Square Gardens, which is set to include new outdoor seating areas, more greenery, and a new water feature. There is also the ongoing construction of a new modern office development on the site of the former Oceana nightclub on The Kingsway – paving the way for flexible modern workspaces for 600 for tech and digital workers.
Ben Davies, Managing Director of Belvoir Swansea, is also excited about the ongoing developments in the region. He believes that “Swansea has much untapped potential” and that the city has the potential to be “truly incredible with increased investment”.
Breathing new life into the city, a project like this creates the prospect of more people relocating to Swansea as a result of the ongoing developments. This is sure to have a positive impact on the housing market and create even more new opportunities for residential developers in the region.
The ongoing conservation and transformation of The Palace Theatre and preservation and construction work at the Hafod Morfa Copperworks site, have created opportunities for residential and commercial development; the upcoming opening of Penderyn Distillery and visitor centre at the Hafod Morfa Copperworks site is a particularly exciting development for the region.
Finally, plans are in place for a public services hub to be established at the former BHS building on Oxford Street, which is yet another example of the city’s ongoing regeneration efforts.
The Swansea regeneration programme has been a catalyst for the city, creating new opportunities for businesses and residents alike, and paving the way for a bright and exciting future.