A leisure-led mixed use development is well underway in Llanelli, Carmarthenshire. The East Gate project is being developed in partnership between Henry Davidson Developments Ltd (a wholly owned subsidiary of Development Securities PLC) and Carmarthenshire County Council and aims to revitalise the towns appeal as a family-leisure destination.
Main contractors for the £20m project are Britannia Construction, and the Architect is Oxford Architecture. The scheme has been partly funded by Development Securities’ own equity with debt finance secured via Santander.
The first phase of the two-phase project comprised the construction of a new bus interchange, which was completed in August on programme. The second phase of work on the 5 acre site is the development of 110,000 sq ft of retail and leisure space, including: a 53 bed hotel (pre-let to Travelodge), six restaurant and bar units, a convenience store, a 6-screen multiplex cinema (pre-let to Reel Cinemas), a new 240 space surface car park space and 21,000ft² of office accommodation for Carmarthenshire County Council. Work commenced on this phase mid August and is expected to be complete in September 2012.
Adjoining the East Gate project is Carmarthenshire County Council’s new £15 million theatre development which is well underway on site with TRJ Contractors. When complete, scheduled for Autumn 2012, this will further bolster Llanelli as a leisure draw for Carmarthenshire and South Wales.
Development Manager for Henry Davidson Developments, Neal Dale, said the critical mass of family-leisure accommodation being delivered within Llanelli will reposition the town as a destination drawing population from Carmarthen to Swansea and beyond.