£1.3bn deal to spark Swansea Bay construction boom

Grant Prior 8 years ago
Share

A £1.3bn city deal for the Swansea Bay region is set to spark a construction boom across South West Wales.

Major projects include a £200m Wellness and Life Science Village in Llanelli
Major projects include a £200m Wellness and Life Science Village in Llanelli

The Swansea Bay City Region deal brings together Swansea, Carmarthenshire, Neath Port Talbot and Pembrokeshire councils.

It is backed by £115.6m of UK Government funding, £396m of other public sector money and £637m private sector investment.

Eleven major projects are planned across the region in energy, smart manufacturing, innovation and life science.

Cabinet Secretary for Finance and Local Government Mark Drakeford said: “It has taken a lot of hard work to get us to this point but each of these 11 major projects have both the financial backing and potential to deliver for the people of South West Wales, creating high-quality jobs and opportunities that we need to see right across the country.”

Construction plans set to now go ahead include:

Carmarthenshire

A Wellness and Life Science Village in Llanelli and a creative industry project at Yr Egin in Carmarthen.

The £200m wellness village and life sciences village at Delta Lakes, Llanelli, is being led by Carmarthen Council.

Proposals include an Institute of Life Sciences with laboratory and clinic space and an incubation facility for business start-up, research and development; a wellness hub incorporating a state-of-the-art sports and leisure centre, a wellbeing centre, a wellness hotel and an assisted living village set within a green eco-park.

The Yr Egin project involves the construction of a creative and digital hub and the development of a creative industry sector cluster.

Swansea

In Swansea, the £169m Swansea City and Waterfront digital district will create 100,000 square feet of flexible and affordable new office space on Kingsway in the city centre for tech businesses and to support local enterprise and entrepreneurial talent.

The Life Science & Well-being Campus project will see an expansion of the Singleton Campus where a growing cluster of medical and health technology businesses currently operate and collaborate.

The Factory of the Future project, based in Swansea, aims to support and continue to build the region’s strong manufacturing base, by creating a network of smart manufacturing innovation centres for small and medium businesses.

Pembrokeshire

The Pembroke Dock Marine is a £76m project to establish a marine energy centre around the Port of Milford Haven.

Neath Port Talbot

A new development will establish a hub for innovation, commercialising research and development and supporting start up companies. The Centre of Excellence for Next Generation Digital Services (CENGS) aims to bridge the gap between research and innovation and the ability to launch develop and grow commercial opportunities.

The Steel Science Centre project, based in Neath Port Talbot, will provide a Centre focusing on providing commercial R&D to address the current and future challenges of sustaining steel-making capacity in the region and the UK.

Projects for the whole region

The remaining three projects will provide benefits across the whole region –

  • Led by Pembrokeshire, the Digital infrastructure project aims to improve broadband and mobile continuity underpinning all projects within the Deal.
  • A Homes as Power Stations project will target both new build housing projects and retrofit of existing housing. Led by Neath Port Talbot Council, this project will deliver innovative low carbon homes, supporting carbon reduction targets.
  • Led by Carmarthenshire a skills and talent initiative will support skills development for all 11 of the city deal projects spread across the Swansea Bay Region. This initiative seeks to ensure the creation, attraction and retention of a workforce equipped to deliver each of the City Deal projects.

Latest news

Skanska signs £197m deal for Mayfair offices job

South Molton job consists of two big office buildings
22 hours ago

Cost of fixing unsafe cladding soars to over £16bn

Watchdog urges new 'hard target date' to complete all recladding works
23 hours ago

Scottish Water opens bidding on £800m framework

Innovative ceramic membrane water treatment works programme
23 hours ago

Carbon capture concrete hits London sites

Neustark and Aggregate Industries launch new technology to UK market
22 hours ago

Six win £300m cladding retrofit deal

Major social landlord Riverside Group to reclad 22 towers
23 hours ago

Winchmore lands brickwork package on Graham £80m academy

Alkerden Academy is one of the largest schools to be built in the region
23 hours ago

Construction firms blast “true cost of Budget”

Firms fear tax hikes will lead to reduced hours and job cuts for staff
4 days ago

Steel bridge specialist sold to staff

Nusteel Structures Group becomes industry's latest Employee Owned Trust
4 days ago

Ex-Lendlease chief to lead Euston housing regeneration

Bek Seeley to head Euston Housing Delivery Group
4 days ago

Ardmore lands Kensington hotel revamp

Contractor to transform former Kensington Holiday Inn
4 days ago

RED wins £35m brace of projects in Bristol

Works include student halls and major facade fire safety remediation
4 days ago

Wates starts £300m Gartree super prison job

Early works start on 1,700-prison place job next to existing prison
5 days ago

Five road schemes worth £1.3bn axed

Still no decision on £1.5bn A66 upgrade or £9bn Lower Thames Crossing
5 days ago

Budget: Chancellor to fund HS2 tunnels to Euston

Schools and hospitals get extra £1.85bn cash injection to tackle work backlog
6 days ago

Skills card changes will mean fewer labourers

CSCS wants to cut the numbers with 500,000 labourer cards currently in circulation
5 days ago

Wates hires former ISG fit-out chief to lead new team

Lee Phillips to head up new London office fit-out arm
6 days ago

Major London offices to student rooms scheme approved

65 Fleet Street office block to be converted to 850-student rooms
5 days ago

M Group Services buys MEICA contractor BGEN

Warrington-based engineering contractor employs 1500 staff
5 days ago

VINCI Construction swoops for FM Conway

Conway family sells £580m turnover Kent-based highways contractor
6 days ago

United Living bolts on property upkeep firm Pilon

Deal to buy £40m turnover social housing property services contractor
6 days ago

Sheffield facade specialist bought by Swedish firm

Building envelope giant Fasadgruppen makes first UK acquisition
6 days ago

Nexus buys Coleman Construction & Utilities for £5.4m

Nexus moves into civils with acquisition of East Sussex contractor
6 days ago

Councils get £68m to clear brownfield sites

Site renovation work will clear way for 5,200 new homes
6 days ago

Private investor buys Midlands contractor MCS

Deal values £100m revenue building contractor at £22m
6 days ago

Willmott Dixon to build Oxford net zero council HQ

Work to start next year on net zero office upgrade as Old County Hall sold off
6 days ago

Phoenix subbies get pay less notices after ISG failure

Building services specialist tells suppliers they won't be getting paid
7 days ago

Midgard confirmed on £60m Golden Lane office contract

Main works will create 120,000 sq ft of prime office space on historic site
7 days ago

Van Elle buys Scottish specialist Albion Drilling for £3.5m

Acquisition builds capability in Scotland's booming energy sector
7 days ago

French PM and cost consultant Artelia buys Pick Everard

Artelia UK operations swell to nearly 1000 staff after bolting on UK consultant
7 days ago

Go-ahead for West London 58-storey resi skyscraper

North Acton scheme at Old Oak Common to form gateway to emerging cluster
1 week ago

Contractor services