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| Version 2 | Version 3 |
|---|---|
| Developers chosen for £1bn revamp | Developers chosen for £1bn revamp |
| (about 2 hours later) | |
| Two developers have been chosen to develop four key sites in Swansea as part of a £1bn city centre facelift. | Two developers have been chosen to develop four key sites in Swansea as part of a £1bn city centre facelift. |
| Hammerson and Urban Splash last worked together on the Bullring shopping complex in Birmingham and will lead the regeneration of the city's retail and waterfront sites. | Hammerson and Urban Splash last worked together on the Bullring shopping complex in Birmingham and will lead the regeneration of the city's retail and waterfront sites. |
| Council leaders said it was probably the most important development announced for the city in 50 years. | Council leaders said it was probably the most important development announced for the city in 50 years. |
| The Quadrant and St David's shopping centres are included in the revamp. | The Quadrant and St David's shopping centres are included in the revamp. |
| Car parks at Paxton Street and County Hall will also be redeveloped. | |
| The appointments follow a nine-month competition which asked developers to submit their visions for the city. | The appointments follow a nine-month competition which asked developers to submit their visions for the city. |
| The master plan includes 600,000 sq ft of additional retail space, 1,000 homes and new leisure, office, hotel and conference facilities. | The master plan includes 600,000 sq ft of additional retail space, 1,000 homes and new leisure, office, hotel and conference facilities. |
| This is probably the most significant announcement during the past 50 years for Swansea Chris Holley | This is probably the most significant announcement during the past 50 years for Swansea Chris Holley |
| Swansea Council leader Chris Holley said: "Hammerson is one of the leading property developers in Europe with an outstanding track record and the financial standing to deliver our ambitions for the city centre and waterfront. | Swansea Council leader Chris Holley said: "Hammerson is one of the leading property developers in Europe with an outstanding track record and the financial standing to deliver our ambitions for the city centre and waterfront. |
| "Equally, Urban Splash is one of the most innovative city centre residential developers with a proven track record in Manchester, Leeds and Liverpool. | "Equally, Urban Splash is one of the most innovative city centre residential developers with a proven track record in Manchester, Leeds and Liverpool. |
| "This is probably the most significant announcement during the past 50 years for Swansea." | "This is probably the most significant announcement during the past 50 years for Swansea." |
| Over the next 18 months both companies will work with the council and Welsh Assembly Government to secure the necessary planning consents. | Over the next 18 months both companies will work with the council and Welsh Assembly Government to secure the necessary planning consents. |
| High Street | High Street |
| John Richards of Hammerson said they would create a city centre of which "the people of Swansea can be justifiably proud" while Jason Collard of Urban Splash said the company was "delighted and proud" to be chosen. | |
| The companies last worked together on the residential element of Birmingham's Bullring which boasts more than 140 shops and kiosks. | |
| Eleven bids were short listed and five developers invited to submit proposals after the launch last March. | |
| Meanwhile a £22m regeneration scheme for Swansea's High Street has been unveiled. | Meanwhile a £22m regeneration scheme for Swansea's High Street has been unveiled. |
| It would see an "urban village" of shops and affordable housing midway between the railway station and Castle Square. | It would see an "urban village" of shops and affordable housing midway between the railway station and Castle Square. |
| Plans are going out for consultation later this week as part of a compulsory purchase order process. | Plans are going out for consultation later this week as part of a compulsory purchase order process. |
| The Swansea Housing Association development will be funded by private finance supplemented by a social housing grant from the Welsh Assembly Government. | The Swansea Housing Association development will be funded by private finance supplemented by a social housing grant from the Welsh Assembly Government. |
| Director of development Geoff Pettifor said: "Our proposals include new-look retail frontage for high quality commercial space, offices and 175 affordable homes with car parking. | Director of development Geoff Pettifor said: "Our proposals include new-look retail frontage for high quality commercial space, offices and 175 affordable homes with car parking. |
| "It will breathe fresh life into this part of the High Street." | "It will breathe fresh life into this part of the High Street." |