Work is under way transforming a vacant former Royal Mail building in the centre of Newport into a new prime office location.
The building, next to Newport Railway Station, is being turned into much needed flexible office space for the city's growing number of start-ups by developer Garrison Barclay Estates.
It has now appointed construction firm Troika Construct to carry out the redevelopment of the building in Mill Street in a project expected to take 35 weeks, with internal demolition work already completed.
Garrison Barclay Estates is confident that the 55,000 sq ft development will attract not just business located at business parks in Newport into the city centre, but those currently based further afield.
It said the new office spaces will offer a spacious layout with high ceilings and natural light. Architects for the scheme are Cardiff-based Rio.
There is already strong tenant interest, including from legal and tech firms.
The latest contract wn for Troika follows on from work transforming Newport's Chartist Tower into a new hotel and office scheme. That project, in the city centre, has also been developed by Garrison Barclay.
Mark Cotter, chief executive of Troika Construct said: “We are extremely proud to play a role within the mass redevelopment of Newport. This project, coupled with Chartist Tower, are huge projects that will make a real difference to the city when completed.
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"The former Royal Mail Building will be a fantastic space with modern and flexible workspace that will attract businesses back to the city centre and become a hive of activity.”
Garrison Barclay Estates was established in 1995 and specialises in the acquisition and development of commercial, residential, industrial and retail projects, having developed over 2.5 million sq ft to date.
Last year the company acquired the 27-acre GE Healthcare site in Cardiff in a deal worth £18m.