WIREDGOV

Contracts have been exchanged between the Welsh Government and Persimmon Homes West Wales for the sale of two residential sites on SA1 Swansea Waterfront – leaving only four remaining housing plots currently available for sale at this landmark regeneration development.

It marks another investment by Persimmon Homes West Wales on SA1 where the company has recently completed the new family led Haven development overlooking the Prince of Wales Dock.

Persimmon Homes West Wales is planning a £6m residential development of 50 new townhouses on the new sites that will support a substantial number of construction jobs, with work due to commence later this year, subject to planning approval.

Economy Minister Edwina Hart said:

“SA1 is an extremely successful mixed use development that has created a new vibrant community in Swansea creating hundreds of jobs and attracting significant investment. Plans are also well underway for the development of a £100million waterside campus on SA1 for University of Wales Trinity Saint David which will add to the diversity of the quarter.”

Huw Llewellyn, Managing Director of Persimmon Homes West Wales, said:

“We are delighted to be continuing our substantial investment in the area by delivering these new houses on Swansea Waterfront. There will be huge benefits to the local community, including jobs and much-needed new homes. The two sites we have purchased are in a fantastic location and we are certain that these new homes will be in high demand.”

Andrew Gibson, Associate Director, DTZ who acted for the Welsh Government in this transaction commented

“This further commitment at SA1 from one of Wales’ major house builders, shows the continued strength of this highly successful mixed use regeneration project. Persimmon has already experienced the success that can be achieved in developing new homes at SA1.”