The company’s £2.2bn linked development is the most significant
regeneration project currently underway in the Swansea Bay City Region. It
comprises of three flagship developments: the first phase of the £450m Bay
Campus for Swansea University; a £1bn plus sustainable new community
at Coed Darcy and a £500m new employment site at Baglan Bay. Together
with Glan Llyn in Newport, the linked development will provide around 6 m
sq ft of employment space, 30,000 jobs and more than 8,500 homes and
supporting community facilities in South Wales over the next 20-30 years.
Boosting local business
Predicted to bring £3bn of investment to the local economy over the next
10 years, the new Bay Campus for Swansea University is an exemplar in
best practice of how universities can work in partnership with industry
to drive economic regeneration and jobs through commercialisation of
world-leading research. The first phase of this £450m transformational
project will span over 1,000,000 sq ft and provide world-leading research,
innovation, education facilities and campus living when it opens its doors
to the first intake of students in September 2015. It will become a place
for people to study, work and live for generations to come.
In addition to over 4,000 new high quality homes for around 10,000 residents
and supporting community facilities, including four schools, retail facilities
and acres of green open space, the £1bn plus Coed Darcy development
will provide around 500,000 sq ft of commercial accommodation with a job
creation potential of 4,000 new roles. Around 100 tenants now form the
managed business park on site – Coed Darcy Limited – and have already
realised the commercial benefits of the development’s close proximity to the
M4 motorway and its well-connected transport links across South and West
Wales. The broad mix of occupiers includes private sector businesses and
public sector organisations and employs around 1,500 people.
Transforming the Swansea Bay City Region
St. Modwen is the UK’s leading regeneration specialist and the
largest private owner of brownfield land in South Wales.
Baglan Bay is being developed by St. Modwen and will transform 1,050
acres of land, at the former BP Baglan Bay petrochemicals plant near
Port Talbot, into a £500m employment site over the next 25 years. This
major regeneration project will be delivered in phases to provide a
business community comprising of up to 4 m sq ft of new employment
accommodation with the potential to create up to 7,000 jobs locally.
The site also includes one of the largest photovoltaic parks on a brownfield
site in Wales. This £15m new solar energy project houses over 20,000
photovoltaic panels and provides enough electricity for more than 1,200
homes per year in Wales through the national grid.
Swansea University Bay Campus
Coed Darcy
Baglan Bay solar energy park
