Work on the digital indoor attraction is continuing during lockdown.
It is being driven by Swansea Council and is part-funded by the £1.3bn Swansea Bay City Deal investment programme.
The project is part of the Swansea Central phase one regeneration scheme - it will include the 3,500 capacity arena and an adjacent coastal park. These developments will sit above a large car park.
Swansea Council Leader Rob Stewart has posted on Facebook the latest images saying: "This is truly remarkable progress on a major project which will soon see a new stunning addition to the Swansea skyline, and a great venue for music, concerts, conferences and so much more.
"We are still on track to complete the build next year. This is just one of a host of major construction projects underway in Swansea creating a better Swansea in which to live, work and enjoy."
The arena’s shape is clear to see as are the areas that will become the stage, auditorium and some terraced rows of seating.
Much steelwork for the auditorium’s lighting gantry is in place along with some concrete flights of stairs and lift shafts.
On the site’s Mumbles side the two-tier car parking is starting to emerge; this car park’s roof will hold a coastal-themed parkland.
The steel framework of scheme’s larger car park, over Oystermouth Road, is also advancing; this part of the development will also have commercial units and homes.
The scheme’s two halves will be linked by a landmark broad bridge for pedestrians and cyclists.
The arena, when complete, will have a metallic skin dramatically illuminated by thousands of LEDs.
The scheme is on the sites of the former Oystermouth Road and St Mary’s car parks – and around 950 new parking spaces will be provided there.
Main contractors Buckingham Group Contracting Ltd and their associates are working to rigorous safety and social distancing guidelines laid down by government and industry bodies.
Funding for this £135m regeneration scheme includes input from the council, the Swansea Bay City Deal and the Welsh Government. The City Deal will part-fund the arena and leading live entertainment firm ATG is to run it.