The first-of-its-kind facility will focus on accelerating growth in sport technology, medical technology and healthcare innovation, while supporting regional economic development, job creation and inward investment across the Swansea Bay City Region.

Professor Keith Lloyd, NISH director said: ‘The National Institute for Sport and Health will help put Swansea – and Wales – on the global map for cutting-edge research, product development and community health innovation. It will serve as a catalyst for discovery, investment, and improved wellbeing.'

The four-storey development located at the entrance to Swansea Bay Sports Park is being delivered for Swansea University and is funded through the Swansea Bay City Deal, with support from Swansea Council and local health boards.

Multi-disciplinary consultancy Pick Everard has been appointed as project manager, working alongside architects Powell Dobson and main contractor Willmott Dixon.

The project is expected to generate over 1,000 jobs in the Swansea area and to be worth over £150m to the regional economy by 2033.