Bouygues UK and Swansea Council has signed a contract to construct 71/72 Kingsway development, the city centre’s new high-tech, carbon zero office development set to create around 600 jobs.
Bouygues UK will start initial works in weeks to come on the former Oceana nightclub site at 71/72 The Kingsway. Set to complete in the summer of 2023, the five-storey project will comprise of 114,000 square feet of commercial floorspace, creating flexible co-working and office opportunities for innovative tech, creative and digital businesses. The regional Managing Director of Bouygues UK, John Boughton said: “Bouygues UK is pleased to sign the contract on this landmark development situated at the heart of Swansea city. “Working on such an innovative and environmentally-friendly project is going to be really rewarding for the team and we can’t wait to ground-breaking and get going.”
The project’s scope.
The scheme spearheaded by Swansea council, will be worth £32.6 million annually to Swansea’s economy and will also comprise of state-of-the-art digital connectivity, a roof terrace, green areas and balconies facing the city centre and Swansea Bay. The 71/72 Kingsway development will also have two underground levels with brand new links between The Kingsway and Oxford Street. As part of the project’s work, Bouygues UK will be working with and supporting local voluntary organisations, offering training, work placements and opportunities for local people, and additionally to significant supply chain opportunities for the local businesses.
The 71/72 Kingsway development will be funded by Swansea Council together with the Swansea Bay City Deal. Through the Welsh Government, the scheme is also supported by the European Regional Development Fund. Bouygues UK is currently constructing Cardiff University’s state-of-the-art Cardiff Innovation Campus, which will be the centre for two World-leading scientific research institutions, The establishment for Compound Semiconductors and Cardiff Catalysis Institute, together with SPARK, the World’s first social science research centre.