The Agreement will see an extra 545 additional student apartments for occupation during the first quarter of 2016.

It also provides for new student facilities including a gym and sports hall, Student Union offices and meeting space, launderette and crèche.

This will now mean that campus space under construction will top 1m sq ft, including 465,000 sq ft of research, innovation and education facilities and 1,462 new student residences, clustered around communal courtyards, with direct access to the beach and nearby ancillary student amenities.

Rupert Joseland, regional director for St. Modwen, the land owner and partner developer for the Bay Campus said: “The development at the Swansea University Bay Campus is starting to take shape with many of the key buildings now well underway as the project’s first phase gears up to complete next year.

“This new campus development is a major highlight of St. Modwen’s ongoing 3,500 acre regeneration programme across South Wales and this latest agreement with the University is the next step in the vision to create a world-class educational establishment.”