After the long wilderness of lockdown, the first rays of new business development are beginning to shine in the Swansea region.The Welsh Government and Swansea Council are acting as catalysts to grow new projects in the City Centre and beyond. These have sparked positive response from local business and community leaders.
For example, Swansea business and university leaders have given a thumbs-up to the city’s emerging new £135 million Copr Bay phase one district. The Project is earmarked for completion this year.1
The district includes the Swansea Arena, the coastal park and the landmark new bridge over Oystermouth Road. In addition, apartments, spaces for hospitality and leisure businesses, and car parking, are being developed by Swansea Council for Copr Bay Phase One.1
Copr Bay Phase One is being funded and developed by Swansea Council, with the arena element of the scheme being part-funded by the Swansea Bay City Deal. The Swansea Bay City Deal is a £1.3 billion investment fund that includes funding from the UK and Welsh Governments and the private sector for major transformation projects in this region of South Wales.2
Professor Ian Walsh, Provost of the University of Wales Trinity Saint David’s Swansea and Cardiff campuses, said:
“We are delighted to see the progress being made at the city’s arena and Copr Bay phase one district to create a new jewel in the heart of Swansea’s crown.”Swansea business and university leaders have given a thumbs-up to the city’s emerging new £135 million Copr Bay phase one district. “1
Parc Felindre is available immediately for occupiers to select from a range of superbly landscaped, prime business development land. The potential floor space is up to 80,065 sq m (862,000 sq ft) apportioned on 16 ha (40 acres) net. The business park is allocated in the adopted LDP for B1 & B2 uses.3
The lifting of Covid restrictions and travel bans to and from South Wales in August also means it is easier to access Parc Felindre for viewing. Wales is at alert level 0.* But to view without moving from your desk, visit the site and latest availability for land development on the Parc Felindre website – parcfelindre.co.uk or contact our agents as listed below.
Wales offers some of the best business support initiatives in the UK. Resources are available for investing in Wales from trade and business grants to favourable financial support. The Wales Business Fund is one of our largest funds and helps SMEs looking to grow. For information on eligibility for Welsh Business Grants call 03000 6 03000 or visit https://businesswales.gov.wales/enterprisezones/reasons-locate/support-and-incentives.4
Wales looks forward to welcoming you back to business at Parc Felindre!
* subject to change
Sources
1 Business News Wales
2 https://coprbayswansea.com
3 parcfelindre.co.uk
4 gov.wales
