Swansea has reported strong investor and developer interest for backing a new phase of regeneration projects for the city.
Following a worldwide search it has shortlisted a number of property developers and investors. They are mainly UK and mainland Europe-based.
The chosen investor or property developer, with development funding, will work with the council on its Shaping Swansea initiative.
This could see involvement in projects such as a public sector hub in Copr Bay phase two, a mixed-use development on the existing civic centre site overlooking Swansea Bay and a leisure destination on the Hafod-Morfa Copperworks site.
The preferred partner will be revealed in September this year. Major schemes already under way in Swansea, include the £135m Copr Bay phase one, with a 3,500-capacity indoor arena, the £12m Kingsway overhaul and 71/72 Kingsway, a planned £30m city centre hub for tech and creative business.
Council leader Rob Stewart said: “Swansea has a compelling once-in-a-generation chance for a top class partner to help us deliver major regeneration and I’m glad that a number of high-quality potential partners have come forward.
“We’ll analyse and discuss proposals in great detail over the coming months to ensure that our selected partner shares our vision and is the right fit for Swansea, its citizens and its organisations."
