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29/07/2010

£600,000 Boost For Swansea's Urban Village

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Swansea's Urban Village is set to benefit from £600,000 funding from the Welsh Assembly government's Strategic Regeneration Area programme, Deputy Minister for Housing and Regeneration, Jocelyn Davies has announced.

Coastal Housing Group's £7 million plan, which is designed to regenerate the High St area of the city centre, will include retail and office space, a potential creative space, community resources and a childcare facility. It is part of a larger regeneration cluster that also includes Swansea Railway Station and Gwalia Housing Association’s Llys Glas development.

The funding will contribute to phase 1b of the overall Urban Village development which includes high quality retail units, office space and access to parking. £300,000 was provided last year to assist with the cost of demolition work which has allowed the building work to commence.
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The overall project also includes a separate residential development, for which Coastal Housing Group has received £6.9 million in Social Housing Grant from the Welsh Assembly government towards the cost of constructing 76 three bedroom flats on the site. Work on these affordable homes is already underway.

The Deputy Minister said: "I am very impressed with the plans for the Urban Village. This multipurpose regeneration project that will benefit both local people and visitors to the city is an excellent example of how our holistic approach to regeneration is paying dividends.

"High Street is the first impression that people arriving in Swansea by train get, so it is important that the area is as welcoming and attractive as possible. I am delighted to be announcing this funding which will help Coastal Housing Group improve the appearance of High Street as well as provide much needed affordable housing in the city."

(CD/KMcA)

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