Former Swansea pub could be replaced with "much needed" housing development
A FORMER Swansea pub could soon be replaced with a "much needed" housing development.
Swansea housing developer Coastal is looking to construct a three-storey building featuring 12 two-bedroom apartments at the site of the former Found Out Inn on Killan Road in Dunvant.
Last week the Evening Post reported Coastal was granted permission for an £8 million redevelopment of Swansea's Castle Quarter.
The firm is also behind the £25 million Urban Village development at the top of Swansea High Street and converted the former Baron's nightclub building into flats.
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A spokeswoman for the company confirmed it has applied for permission to build 12 two-bedroom apartments on the site of a former pub in Dunvant.
If Coastal is successful in its application it is looking to start work in late 2013.
The development would be sold by its new homes developer Pennant Homes with the aim of bringing "much-needed" housing to the area.
Gerraint Oakley, managing director for Pennant, said: "We are pleased to submit this application, which shows our commitment to developing high-quality homes in what is a challenging environment."
The scheme is being targeted at people looking to enter the private property market who require low-cost housing or who are looking to downscale from larger properties which are now beyond their requirements.
Documents submitted to Swansea Council in support of the application claim there is a need to address the high proportion of old and poor quality housing in Wales as a key issue.
According to the documents the environmental benefits of the scheme could also be a boost to the economy of the area.
They state: "Today's new homes are built to the latest environmental standards so they are not only better for the planet but cheaper to run.
"They are much more energy efficient and on average generate 60 per cent less carbon dioxide emissions than older homes.
"This can reduce utility bills by more than £500 a year which provides households with additional local spending power.
"The proposal therefore utilises the vacant infill plot while further assisting in meeting the future housing needs of Swansea.
"The localised benefits of house building in terms of employment are not only seen during construction through local contractor employment and supply chains, but also beyond to the post-occupation phase through an increase in the local population which boosts local spending power and helps to support local businesses."