New award joy for Palace Theatre transformation

The transformation of Swansea's historic Palace Theatre building has won an award for regeneration and conservation in Wales.

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Palace Theatre

The Palace’s transformation took the regeneration & conservation prize in the Constructing Excellence in Wales (CEW) Awards 2025.

CEW is the united voice of the Welsh built environment sector, representing each part of its supply chain.

The Palace‘s latest honour follows it winning the commercial/public sector prize in this year’s Federation of Master Builders Cymru Master Builder Awards.

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The council-driven project revitalised the Grade Two listed Palace into a modern workspace, overcoming significant dereliction & pandemic-related challenges. 

The building’s meticulous restoration ensured the preservation of many historic features, & success stemmed from strong stakeholder relationships in this transformative project for Swansea’s ongoing £1bn regeneration.

The CEW judges recognised the innovative way in which the council & project team had been able to save a derelict building on the brink of collapse.

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They were impressed that the team had restore – and shone a light on – many of the theatre’s original features and had enabled a modern use as grade A office space.

Members of the Palace team receiving the CEW award.
Members of the Palace team receiving the CEW award.
(Image: Swansea Council)

The scheme was part funded by £6.9m of Welsh Government Transforming Towns grant funding, £1.3m of grant funding from the UK Government Shared Prosperity Fund and by Swansea Council.

The building is now managed by Welsh business Tramshed Tech, nurturing a new generation of talent by offering collaborative workspaces and business growth. 

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