Plans Submitted for £10m Redevelopment of Swansea's Parc Tawe
A planning application has been submitted to Swansea Council for the £10m redevelopment of Parc Tawe Retail Centre. Owner Hammerson has been in discussions with Swansea Council for a number of years over the redevelopment opportunities of Parc Tawe and the city centre. The redevelopment would secure around 300 jobs and an additional 75 positions through construction. Subject to achieving planning approval, work is anticipated to start on site in autumn 2014.
The proposals include the demolition of the existing covered walkways and all of the piazza units. In the area created by the demolition, provision will be made for an area which will be defined by activity associated with the existing cinema, bowling and proposed restaurant uses. The plans also include the development of an external garden centre and the construction of a drive-thru restaurant within the existing car park..
The proposal is the second retail park redevelopment in Wales Hammerson is delivering, following the £26m redevelopment of Cyfarthfa Retail Park in Merthyr Tydfil, which is due for completion in spring 2015. Hammerson Development Manager, Russell Beresford, said: “The refurbishment of Parc Tawe will transform the venue into a family friendly destination by adding restaurants and upgrading the leisure offer and public realm. “There is an opportunity to bring new retailers to the city make the most of the parks location as a prominent retail site in Swansea city centre.”