Swindon Borough Council has signed leases with a development group led by Moirai Capital Investments to refurbish a local leisure centre as part of a £65m scheme.
Under plans laid out by the council, the Oasis Leisure Centre, along with an abandoned factory site opposite, will be completely overhauled to create a range of leisure facilities including an indoor ski slope and water park.
The development group includes Sir Robert McAlpine, ISG, consultants Buro Happold and S&P Architects.
The leisure centre will be handed over to a private operator on 1 June and the council has launched a three-month TUPE consultation with the centre’s existing staff.
Work to replace the leisure centre dome and refurbishment of its facilities is expected to take a year. The scheme is expected to create around 1,700 jobs by the time it is completed in 2014.
Moirai chairman Martin Barber said: “We have already plans in hand for the replacement of the dome and the refurbishment of the changing accommodation. Over the coming 12 months, we shall be undertaking a significant facelift of the centre to ensure that it returns to a facility of which Swindon can be proud.
“In terms of the further developments on the other areas of the site, we shall shortly be able to make some significant announcements about our proposals to position Swindon as the major leisure and entertainment destination for the south-west.”
Keith Williams, the council’s cabinet member for leisure and corporate services, said: “The signing of the leases is a major step forward in our plans to turn Swindon into a major leisure destination.”