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Multi-million pound jobs boost for SA1

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Thursday, November 20, 2008
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This is SouthWales

A £9.2 MILLION investment has been secured for SA1 Swansea Waterfront which will, it is claimed, create 120 news jobs.

There would also be a significant number of jobs during the construction phase, it was announced today.

  1. <P>An artist's impression of the new SA1 development.</P>

    An artist's impression of the new SA1 development.

Waterstone Estates (Swansea) has acquired a half acre waterfront site from the Assembly Government and has secured Tesco and Whitbread as tenants for a new mixed-use commercial development in the heart of SA1.

The proposed development will comprise approximately 63,000sqft of new high-quality commercial space to include a 132-bed hotel for Whitbread Group, together with a restaurant with views overlooking the Prince of Wales Dock.

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A 4,500sqft unit has been pre-let to Tesco Stores for its Tesco Express store format.

The news has been welcomed by Ieuan Wyn Jones, Minister for the Economy and Transport, who said the investment was all the more significant given the current economic climate.

"It does send out a strong vote of confidence and a signal that Wales is a place to do business. It also illustrates that high-quality projects like SA1 continue to be an attractive proposition for developers and attracts high-quality investment.

"These new facilities on SA1 will benefit local residents and businesses and create jobs during the construction phase as well as the operational phase."

The investment will be of direct benefit to the wider South Wales economy, as the development was designed by CW Architects of Cardiff, the contract to build the scheme will be carried out by Bridgend-based building contractor Jehu Project Services, while South Wales-based consultants have been employed throughout the course of the design stage.

The scheme is being funded by Allied Irish Bank in Cardiff.

The new development will be on a prime site bordering Langdon Road and overlooking the 12 hectare Prince of Wales Dock, which is the focal point of SA1 and is to be developed into a marina.

Simon Jehu, of Waterstone Estates, said: "Our vision is to create a vibrant retail and leisure scheme that will integrate into the existing waterside development."

Matt Bryant, of Actoris, speaking for the developer, said: "We are proud to have worked with the Assembly Government to help create the next phase in this exciting redevelopment of the area.

"Our vision is to transform the disused industrial site and create a vibrant retail and leisure scheme that will integrate into the existing waterside development"

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  • Profile image for This is SouthWales

    by James Morgan, Swansea

    Friday, November 21 2008, 11:06PM

    “It's some good news at a time when all we seem to be getting is job loss after job loss. SA1 needs more life and the restaurant and hotel will provide this and bring more people into the area at all times. The Tesco store is only an Express and it is less than 10% of the overall development. We need to be encouraging developments and new investments in Swansea. Let's be more positive about new money coming into the city. It's good for us all!”

  • Profile image for This is SouthWales

    by Stephen G, Pontardulais

    Friday, November 21 2008, 9:14PM

    “Any developer who judged Swansea by the comments on his website wouldn't bother coming here and the City could then continue slowly rotting - presumably the moaners would be happy with that.”

  • Profile image for This is SouthWales

    by Lyndon, Caerdydd

    Friday, November 21 2008, 6:01PM

    “As Aled has pointed out, it's just a convenience store for the benefit of the SA1 residents and the daytime office workers, but don't let the facts get in the way of a good whinge, will you?”

  • Profile image for This is SouthWales

    by Matthew M, Swansea

    Friday, November 21 2008, 3:46PM

    “Agree with all the positive feedback. I think this is excellent for SA1, as the area was lacking a commercial aspect with the high number of residential units.

    SA1 is a regeration project of the old docklands and surrounding brownfield sites, and this is going on in every city in the UK. Do people in Swansea just want to moan and do nothing to make Swansea a better more thriving city.

    The amount of investment that SA1 has brought in is vital for Swansea, so get behind it and stop moaning.”

  • Profile image for This is SouthWales

    by ANON, ANON

    Friday, November 21 2008, 3:09PM

    “Ah sorry Aled, is that a science and technology park for business then and not just a possible grad / post grad studies?

    Perhaps you could enlighten me as to the bigger picture you are looking at?

    Sorry if you have a problem with someone voicing concerns that dont match your view.”

  • Profile image for This is SouthWales

    by Aled, South Wales

    Friday, November 21 2008, 2:05PM

    “it's a Tesco EXPRESS - it's basically a corner shop, not a supermarket! It's one development on a mixed use site, i.e. not just low wage jobs, but actual career prospects. Swansea University plans to open a campus on Fabian Way for science/technology and post grad studies. Appreciating the bigger picture is more important than whinging about individual developments.”

  • Profile image for This is SouthWales

    by anon, anon

    Friday, November 21 2008, 1:03PM

    “A supermarket and a hotel eh? I guess the latter is better than the former. I doubt either will generate any high value jobs and certainly offer little interesting career prospects to young people in education in Swansea.

    What would have been nice would have been to see Science / Tech / Financial Industry jobs.

    However, the council has done nothing to encourage investment of that nature to the area. Just look at the Enterprise Zone, it's a collection of out of town shops!!!!

    There is also little point in worrying about the town centre any longer either. The council has nailed it's colours to the mast and will do nothing to support hard working retailers in the town centre.”

  • Profile image for This is SouthWales

    by rosemary, Swansea

    Friday, November 21 2008, 9:28AM

    “How disappopinting that another ugly faceless supermarket is all we can get on this prime piece of sea- front. This will only add to the congestion on the Mumbles Road and will infuriate the independent traders in the city centre who have already suffered years of interrupted trade due to Swanse City Council planning exploits.”

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    by Rowland Bevan, Dunvant

    Friday, November 21 2008, 12:25AM

    “What is the point of another Tesco's in SA1 it's along way from park and ride and the roads in that area are far to congested now. How do they expect to get people to shop there if they are in one huge traffic jam. Go once never to go again,”

  • Profile image for This is SouthWales

    by anon, swansea

    Thursday, November 20 2008, 11:53PM

    “a tesco extra will be handy for people working and living in sa1, plus another hotel for swansea to cash in on the ryder cup coming to wales.”

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