Swansea Council has put the city’s famous Hafod Copperworks site up for sale and is inviting developers to express their interest by the middle of August.
The site consists of 12 acres of land close to the River Tawe, the Liberty Stadium and the Parc Morfa Retail Park.
Swansea Council wants to reflect the industrial heritage of the site by preserving listed buildings alongside a mixed-use development including apartments and a hotel plus a pub or restaurant.
Phil Holmes, Swansea Council’s Head of Economic and Strategic Development, said: “This is an important site both strategically and historically and it’s vital any development proposals we receive look to the future while commemorating the area’s rich heritage.
“The development of the site would boost broader plans to regenerate the riverfront in Swansea and create a waterside area where people can live, work or visit.
“We’re now anticipating the submission of adventurous and contemporary proposals by the end of the summer that would then be carefully whittled down to a shortlist.”
Development proposals are also expected to be sustainable, to include affordable housing and to prioritise local workers and materials in any construction process.
Holmes said: “We’re looking for firms that are interested to show their experience in developing similar sites in our aim to revive economic vitality both at this site and along the rest of the riverfront.”