The Mitsui group is currently building a new Outlet Park complex on an 18 hectare site, while the port authorities are planning to develop water-based leisure activities, recreational areas, street art, and more. Landscaping of the port parks should also allow visitors to be welcomed to what is described as the port’s secret garden.
Once confirmed, the deal will allow work to begin on eleven major projects. A total of 1.8 billion GBP in investment is planned for this City Deal, which is expected to generate 10,000 jobs. The programme will be chaired by US business Edward Tomp. Some 168.2 million will be earmarked for the Swansea City and Waterfront Digital District, where offices will be built for high-tech firms, along with a conference centre and the Box Village, a container-based facility for start-ups.
Designed by OMA, it will be partly raised above the dock on which it has been built, to preserve the continuity of the promenade. The multi-purpose building will house a museum, restaurant, offices, housing units, and more.