We are delighted to announce that Morganstone has been appointed, by Kartay Holdings Ltd, as the main contractor for the new Princess Quarter project in Swansea.
Constructed in the 1950’s the existing property, previously occupied by ‘Mama Mia’s’, is an end terrace, four-storey building of concrete frame construction. It has been unoccupied for several years and is a key building in the heart of the city centre, desperately requiring revitalising.
Morganstone will bring the building back into beneficial use with a viable and attractive development that contributes to the current regeneration of the city, ensuring a vibrant, active and sustainable neighbourhood.
The development will see a contemporary, multi-storey development compromising of retail units on the ground floor and three storeys of office accommodation. The grade A office accommodation will provide a characterful workspace that is designed to high quality specification meeting the needs of the 21st Century office space in the city. The work will consist of the conversion, external refurbishment (including glazed curtain walling) and a two-storey extension including roof terrace, three rooftop meeting pods and green infrastructure.
The new building will utilise low carbon technologies in the form of high-efficiency air source heat pumps providing heating and cooling via a variable refrigerant flow (VRF) system and will be designed to be ‘all-electric’, to negate the reliance on fossil-fuel, lowering the buildings longer term carbon footprint.
Works are due to commence shortly with anticipated completion by the end of 2023.
Having witnessed the challenging times that the city has endured following the demise of the High Street, it has become pressingly clear that a change of direction is crucial in order to ensure that the city centre not only survives but thrives and flourishes. We have been massively impressed in the lead that Swansea Council have taken with the Copr Bay redevelopment and particularly the strong leadership and vision that has been shown in taking the plunge on the huge investment that is ongoing and planned. Everyone at Morganstone is delighted to be playing our part in Swansea’s regeneration with this exciting new scheme.” – Ian Morgan, MD.