£1.3bn deal to spark Swansea Bay construction boom

Grant Prior 3 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

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

Contractors rally to help Clugston staff facing the axe

Trade body calls up firms to offer laid off staff jobs in run up to Christmas
1 day ago

Clugston files for administration

Hundreds of jobs at risk as financial crisis hits regional contractor
2 days ago

London Resort reveals next generation theme park designs

Developer hopes to start construction in 2021
2 days ago

Historic Liverpool building refurb now on third fit-out firm

Overbury brought in to replace Caddick who took job from Styles & Wood
2 days ago

Green light for Birmingham’s tallest resi tower

Construction go-ahead for 51-storey skyscraper
2 days ago

McLaren and Sisk hire regional directors from Kier

Andy Langley and Bruce Clarke take up key roles
2 days ago

Oxford Science Park expansion approved

Major office and laboratory complex is set to be built in Oxford next autumn
2 days ago

Giant property fund suspends dealing

Outflow of cash prompts move as investors flee sector
2 days ago

Mace takes jump factory system to next level

Contractor launches Mace Tech business to transform high rise flats building
3 days ago

Winvic to build £57m Cardiff PRS tower

Winner confirmed for build to rent scheme as Grainger agrees funding deal
3 days ago

Creagh Concrete targets £200m turnover

Expanding concrete specialist looks to grow workforce to 1,000
3 days ago

Council fined £1.4m after falling bollard injures girl

Court hears how failings at council's highways deprtment left a six-year old with brain injuries
3 days ago

Consultation opens on ring-fencing retentions in Scotland

Specialist contractors call for action to protect retention payments
3 days ago

Vital Energi lands £7m M&E package from Berkeley Homes

Latest win for specialist at Royal Arsenal Riverside development
3 days ago

Willmott Dixon wins £39m university refurb job

London South Bank University awards contract for new learning hub
3 days ago

Edinburgh private rental scheme approved

Moda Living gets all clear on 139-flat Springside scheme
3 days ago

Plan for £100m landmark Portsmouth University project

13-storey academic building will rise to
3 days ago

Go-ahead for £500m Thames riverside fire station scheme

Developer U+I to start construction on major mixed use site in 2021
4 days ago

Just days left for deal to keep Midlands hospital restart on track

Government red tape over funding improvement targets holds up deal
4 days ago

Amey utilities and waste business up for sale

For sale sign hoisted over loss-making divisions employing around 6,000 staff
4 days ago

Skanska chalks up £23m Bristol secondary school job

Contractor has strong track record of school projects in the city
4 days ago

Nod for 350 flats plan at old Leicester City ground

Mix of rental and for sale flats to be built at former Foxes homes
4 days ago

Buyers report construction still in “contraction hole”

Speed of decline falls in November but political uncertainty casts shadow over industry
4 days ago

Boost your online presence – join the Enquirer Directory

Site for suppliers and buyers showcases products, services and latest stories
2 years ago

Heavy rain hits another major civils job

Galliford Try's £120m Lincoln Eastern Bypass turns into a quagmire
5 days ago

Sky plans major film studio complex at Elstree

Legal & General will develop and part-finance the 32-acre site in Hertfordshire
5 days ago

Chancellor pledges review of freelance tax changes

Review of planned IR35 changes could spare construction widespread disruption
5 days ago

ISG on board for £89m Cardiff bus interchange

Mixed use scheme is contractor's biggest win of the year
5 days ago

Atkins online plea to SMEs to help fix potholes

Consultant aims to reach more small firms by bypassing traditional procurement route
5 days ago

Plan for new 8,000-seat Edinburgh indoor arena

Arena scheme to include conference, retail, leisure and hotels
5 days ago

Contractor services