The City & County of Swansea is under a new, dynamic leadership (since autumn 2014) led by Counci Leader Rob Stewart that has brought to the fore plans to reform the shape of the entire city over the next five years.
These plans are good news for investors and offer up significant development opportunities.
Civic investment shall be harnessed in collaboration with private investment into areas of use that designate defined sectors of commercial, business, the night time economy, the family-friendly economy, waterside and city living.
Significant partner investors are already shortlisted and negotiating with the City & County of Swansea in respect of developing two of these areas.
This planed evolution of the city is also in line with the aspirations of the newly formed Regional Authority.
The Swansea Bay City Region which was established in July 2014 has as its stated aims for the city that Swansea shall develop into a “powerhouse†for the region.
And further worth noting are a mix of powerful, local projects independent of these particular political trends. Foremost of these to note at present is a pioneering £1bn engineering start-up in the form of a Tidal Lagoon that looks likely to derive sustainable power from Swansea Bay for 120 years, although this awaits the final approval of the Secretary of State on June 6th. Subject to this last step of approval, the lagoon project will be a world first, operational by 2018 and the first of six planned for the UK.
If you are looking in particular for developments in Swansea to establish early in this tide of development, commercial-to-residential projects in the £1m to £3m band, I shall be interested in working with you to help you achieve this.
If these may be your target projects, please get in touch.