The site overlooks the Prince of Wales Dock and is adjacent to the Norwegian Church.
Waterstone has planning consent to build a development of 25 apartments over four floors above 8,000 sq ft of waterfront retail/leisure space with outside seating for restaurant operators.
Waterstone Homes, part of the Jehu Group , has built more than 500 homes across South Wales and the West of England over the last few years.
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