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Deals sealed on last three available residential sites on SA1 Swansea Waterfront

Deals have now been sealed for three new high quality housing developments on the last remaining available residential sites on the Welsh Government’s flagship SA1 Swansea Waterfront development.

Contracts have been exchanged between the Welsh Government and Hale Homes - a family run company based in Neath - and with DT Technical Solutions, from Ebbw Vale.

Heads of Terms have also been agreed with a social housing group that is working up proposals for a 1.3 acre site – the last remaining site on the residential quarter.

This is the second development on SA1 being carried out by Hale Homes and will see 23 town houses built on a one acre site on a prime location. The energy efficient townhouses will be 3 1/2 storeys high with a balcony that spans the entire width of the roof space providing superb views. 

DT Technical Solutions is to build 18 town houses on an adjacent half acre site.

National housebuilder Persimmon Homes West Wales is currently onsite constructing a £6m residential development of 37 new town houses and 24 apartments.  Coastal Housing Group’s latest £5.5m development is also underway and will provide a range of affordable 1 and 2 bedroom apartments as well as 22 three and four bedroom homes for sale. Both have previously developed a range of new homes on SA1.

There is now only one remaining residential plot on SA1 which is currently used as storage for dredged sand and is expected to become available on the market in 2018.

SA1 has proved to be a popular development attracting investment by local and national developers as well as housing associations that have built a wide range of accommodation offering a diverse variety of architectural styles.

To date 643 apartments, houses and retirement homes have been completed, with a further 133 under construction. Of this total 213 units will be ‘affordable housing’.

Economy Secretary Ken Skates said: 

“SA1 is transforming 96 acres of disused dockland into a dynamic and vibrant new mixed-use quarter for the city and has acted as a catalyst attracting significant investment into Swansea, helping to raise the city’s profile as a great place to live, work and invest.

“I am particularly pleased that the proportion of modern, high quality affordable homes – built by the private sector and housing associations - is more than double the percentage required under planning obligations.

“The residential development on SA1 has helped the Welsh Government meet its affordable housing targets and will continue to contribute to the latest target of delivering 20,000 affordable homes during this term of Government.”

Jonathan Hale said: 

"Welsh Government were extremely helpful when we built our first phase at SA1, the townhouses in question were the first houses built at SA1 and were a resounding success.

Agents who have been acting for Welsh Government are Cushman & Wakefield.

 

Channel website: http://gov.wales

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