£20 million Waterside Centre could create 300 new jobs in Swansea's SA1 district
MORE than 300 new jobs could be created if a multi-million pound development gets approved in Swansea’s SA1 district.
The Waterside Centre is likely to include 15,000 sq ft of restaurants and shops, a 94-bedroom care centre for older people and 25 duplex residential units.
Waterstone Estates and 55 Plus Limited were due to submit a planning application to Swansea Council today for the development which could be completed by 2015 if it is approved.
The centre would be developed on land between Swansea’s Norwegian church and a retail and leisure complex featuring a Tesco store, a Beefeater restaurant and a 132-bedroom Premier Inn hotel, built in 2010.
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The development would also be opposite the Swansea headquarters of insurance giant Admiral, which employs around 1,850 people in the city.
Developers behind the scheme expect it will create 225 jobs once it is up and running and 120 positions in the construction phase.
Employment through the care centre is likely to account for 140 of the new jobs.
The centre was designed following a detailed needs assessment report into care provision for older people.
A spokesman for the care centre said: “The development at Swansea Waterside will be able to provide care across an extensive area, being located alongside Swansea’s main arterial transport routes.
“The easy accessibility of the location will be a great advantage in attracting staff and the care centre will be a major source of employment and training for local people.”
The Waterside Centre is likely to cost around £20 million in total and has been designed to create a continuous frontage of leisure, retail, piazza, walkways and public facilities overlooking the water.
It has not received grant aid or public subsidy.
A spokesman for the scheme said: “The large number of new jobs created will establish the new development as a major source of employment in the area.
“The Care Centre will provide state-of-the-art facilities, employment and training opportunities and modern facilities for older people.
“The major construction works to deliver the development will also create a large number of jobs in the short-term, and provide a considerable input to the local economy.”
The scheme has been designed by award winning south Wales-based Rio Architects to capitalise on the waterfront location.
Developers claim the design respects the adjacent Norwegian Church and will create an active, vibrant, people-friendly environment.
Phil Morris, of property agent EJ Hales which will market the scheme, said: “We are really excited about the prospect of letting the retail and restaurants in this development. It is always rare to get units overlooking water and we anticipate excellent tenant demand.”