Foundations are now being laid for a landmark new net-zero office development that will provide space for 600 jobs at the former Oceana nightclub site in Swansea city centre.
The work will help pave the way for the start of constructing the building’s concrete frame in the coming months as The Kingsway’s transformation takes another step forward.
Swansea Council is leading on the scheme, with Bouygues UK as main contractor.
Due for completion in the summer of 2023, the five-storey scheme will be carbon zero in operation and worth £32.6 million a year to Swansea’s economy when finished. It will include 114,000 square feet of commercial floor space with flexible co-working and office opportunities for businesses in sectors like tech, digital and the creative industries.
A roof terrace, a new link between The Kingsway and Oxford Street, public access and balconies overlooking the city centre and Swansea Bay will also feature.
The development is part of the Swansea City and Waterfront Digital District project being part-funded by the £1.3 billion Swansea Bay City Deal. It is also supported by the European Regional Development Fund through the Welsh Government.
To enable the arrival of concrete on site, traffic management will be in place on part of The Kingsway for the next fortnight or so. This will not impact on any of the environmental enhancements introduced there in recent years as part of a major improvement project.
Cllr Rob Stewart, Swansea Council Leader, said: “This work shows yet another artist’s impression in Swansea will soon be transformed into reality, following-on from a major improvement of The Kingsway that’s created a greener, more pleasant area for business and investment.
“Despite Covid and the trend towards more home working it’s led to, we know there’s still a major demand for high-quality office space of this kind in Swansea – a working environment that’s fit for modern times by combining co-working opportunities and flexibility with the kind of digital connectivity businesses need to thrive.
“We also know businesses in sectors like digital and tech have had to leave Swansea in the past to find the office space they need, so this development will help address that in future while also creating more footfall and spending for our city centre businesses.”
An online event was also held last month, giving local businesses the opportunity to find out more about work packages forming part of the development in areas like tiling, flooring, masonry, landscaping and specialist joinery.
Cllr Robert Francis-Davies, Swansea Council’s Cabinet Member for Investment, Regeneration and Tourism, said: “As well as further improving the city centre and retaining business talent, this new office development will also boost the local economy through benefits for supply chain businesses in the local area.
“As building work gathers pace, construction workers on site will also benefit the city centre because of the money they’ll be spending in our shops, restaurants, pubs and other businesses, with this development also acting as a catalyst for further investment, jobs and opportunities for local people.”
John Boughton, Regional Managing Director of Bouygues UK, said: “We are thrilled to be working alongside Swansea Council in the construction of Kingsway.
“This innovative, landmark and sustainable building aligns so closely to our climate ambitions with its bold ambition to be net-zero in operation. In addition it gives us the opportunity to engage with the local community and offer social value initiatives to help regenerate Swansea city centre.
“We are so excited to be laying the foundations of what promises to be an extremely valuable addition to the city.”
