New coworking hub opens in Princess Quarter as regeneration reshapes Swansea city centre

A new Grade A office and coworking space has opened in Swansea, marking another milestone in the city centre’s £1 billion regeneration.

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Princess Quarter Grade A Office building on Princess Way in Swansea City Centre

Collective by Kartay launches in Princess Way

Award-winning developer Kartay has officially launched Collective by Kartay, a premium serviced office, coworking and meeting space within the redeveloped Princess Quarter on Princess Way.

The £multi-million refurbishment has transformed the 15,000 sq ft building into a landmark commercial hub, with 5,000 sq ft of flexible workspace, meeting rooms with panoramic views, and a rooftop terrace. It is the first Grade A office and meeting space of its kind in Swansea, offering facilities more commonly associated with London developments.

Ian Morgan, Managing Director at Kartay, said: “We set out to deliver more than just workspaces. We wanted to create a business destination that changes the way people perceive Swansea.”

L-R Tonia Morgan and Ian Morgan of Kartay
Tonia Morgan and Ian Morgan of Kartay

Part of a wider regeneration story

The opening comes as the area around Castle Square undergoes major transformation. Directly opposite Princess Quarter, the former BHS store is being redeveloped into ‘Y Storfa’, which will house Swansea’s new main library and archives. Meanwhile, the McDonald’s building on Oxford Street — also owned by Kartay — is set for a major renovation, with plans to create high-quality residential apartments above the retail unit.

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Kartay is also behind other prominent city centre projects, including Princess House, a 10-storey office tower, and retail-to-residential redevelopments on Oxford Street. The company says its investments are helping to reshape Swansea into a modern, mixed-use city centre that supports both business and community life.

Boost for business and investment

The launch of Collective by Kartay is being positioned as a turning point for Swansea’s commercial offer, providing high-specification space for entrepreneurs, small teams and remote professionals. With concierge-style support, flexible terms and luxury amenities, the development aims to attract both local businesses and inward investment.

The project builds on Swansea’s wider regeneration programme, which includes the £135m Copr Bay development, the ongoing Castle Square Gardens revamp, and new cultural and residential schemes across the city.

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