The firm was selected by Swansea Council as the principal contractor under a pre-construction services agreement (PCSA). The contract was awarded after a competitive tender process.
The transformation will bring a 3,500-capacity digital indoor arena, a coastal park, digital plaza, landmark pedestrian bridge, new car parking and new homes and premises for retail, food and drink.
The PCSA will see Buckingham – over six months from Monday – undertake pre-construction services including detailed design, costings and essential preparatory work on the expansive city centre site.
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The early work will prepare the project and site for the main build phase due to start in late summer this year.
The transformation is due to be completed in 2021.
Rob Stewart, leader of Swansea Council, said: "Buckingham Group Contracting have an outstanding record in successfully delivering major high-profile schemes.
"Having a company of this calibre working in collaboration with us is another statement of intent; this will be a world-class transformational scheme that will be a catalyst to making Swansea a great 21st century city.
"Swansea Central Phase One will bring a bright new modern focus to our city; it will mean new opportunities for local people, businesses and major investors. Other regeneration will follow.
"We have developed a strategy with Buckingham to offer packages of work to sub contractors and trades, many of whom we hop will be local so the benefits of this significant investment will stay within the local economy."
(CD)
