Bouygues UK has signed a contract with Swansea Council to build the city centre’s new high-tech, carbon zero office development that will provide space for 600 jobs.
The company will break ground in the coming weeks on the site of the former Oceana nightclub at 71/72 The Kingsway. Set for completion in the summer of 2023, the five-storey development will include 114,000 sq ft of commercial floorspace, providing flexible co-working and office opportunities for innovative tech, digital and creative businesses.
It is hoped the development – led by Swansea council – will be worth £32.6m a year to Swansea’s economy. It will also feature state-of-the-art digital connectivity, a roof terrace, greenery and balconies overlooking the city centre and Swansea Bay. The developments will include two underground levels with new links between The Kingsway and Oxford Street.
John Boughton, regional Managing Director of Bouygues UK, said: “Bouygues UK is delighted to sign the contract on this landmark building situated in the centre of Swansea city.
“To work on such an innovative and environmentally-friendly building is going to be really rewarding for our team and we can’t wait to break ground and get going.”
“We also know that Kingsway is a key part of the history and infrastructure of the city centre, and that there is a need for high quality office accommodation, which this landmark building will certainly supply.”
As part of its work on the build, Bouygues UK will be working with and supporting local voluntary organisations, providing training, work placements and opportunities for local people, in addition to significant supply chain opportunities for local businesses.
Cllr Rob Stewart, Swansea Council Leader, said: “We know some businesses have had to leave Swansea in the past to find the kind of high-quality office accommodation they need, so the new development at 71/72 The Kingsway will tackle that trend while also meeting significant unmet demand. Our research shows this remains the case despite Covid having led to far more home working in recent times, with this development providing flexible space that’s fit for the modern office environment.
“We’re delighted our main contractor for this scheme – Bouygues UK – will soon be establishing a presence on site as we head towards the start of main construction work. Local training and supply chain opportunities also form part this project, with the development, once complete, due to generate more footfall and spending for our city centre businesses.
“This development was always part of multi-million pound plans for our transformed Kingsway. A huge amount of work has already taken place there to considerably improve the look and feel of the area for local businesses, local people and visitors the city, while also helping attract private sector investment and more jobs.”
Bouygues UK is currently building Cardiff University’s state-of-the-art Cardiff Innovation Campus, which will house two World-leading scientific research establishments, The Institute for Compound Semiconductors and Cardiff Catalysis Institute, as well as SPARK, the World’s first social science research park.
Bouygues UK is also working on Bristol’s tallest residential building at Castle Park View. The 26-storey building will provide 375 new homes and forms part of the city’s major regeneration plans.
The 71/72 Kingsway development is being funded by Swansea Council and the Swansea Bay City Deal. It is also supported by the European Regional Development Fund through the Welsh Government.
Other developments in Swansea being part-funded by the Swansea Bay City Deal include the Swansea Arena forming part of the city’s emerging Copr Bay phase one district.