The park and ride site opposite Swansea's Liberty Stadium could be moved more than three miles away.
Council chiefs are considering relocating Landore park and ride to Swansea Vale, near the M4.
No decisions have been taken as yet, but cabinet will consider the matter in due course.
Moving the park and ride site, which is particularly busy when the Swans play at home, would free up land as part of wider regeneration proposals for Hafod.
A company called Skyline Enterprises has proposed building a gondola ride to the top of Kilvey Hill, plus luge runs, a hilltop restaurant, zip wire and mountain bike trails.
Its preferred location for a base terminal is the Landore park and ride overflow area, near the River Tawe.
Rugby clubs' tributes after 'gut-wrenching' sudden death of player described as 'wonderful brother'
The plans for gondolas in Swansea:
Huw Mowbray, Swansea's development and physical regeneration strategic manager, told a council scrutiny panel: "Skyline is having ongoing discussions with the Welsh Government. That's looking pretty positive at the moment."
The council is drafting a new masterplan for the Tawe riverside, and has secured £3.5m of Heritage Lottery Fund money towards a new whisky distillery, visitor centre, tasting bar and offices at the derelict Hafod-Morfa Copperworks, in partnership with whisky brand Penderyn.
Swansea's only other park and ride is off Fabian Way. It had a third at Fforestfach, but it closed.
A council spokesman said: "Plans for a preferred location at Swansea Vale for a new park and ride are at an advanced stage and we anticipate bringing a report to cabinet in the near future."
Penderyn Whisky is coming to Swansea and opening a visitor centre after winning planning permission
The scrutiny panel was also told a bat survey had been carried out at the powerhouse - one of the key Hafod-Morfa Copperworks buildings - and that a bat house would be built when the site was redeveloped.
Mr Mowbray said the survey showed evidence of past bat populations, as the powerhouse nowadays didn't have a roof.
"No self-respecting bat would go there now," he said.
