No, it won't, because the SWT library contains native code. But you can easily replace the 64 bit SWT library by its 32 bit version. Then it will work.
There seems to already exist a pre-built 32 bit SWT for raspberry that you can install via apt-get install
. For details see http://www.lucid-control.com/create-raspberry-pi-swt-gui-applications-with-java-and-eclipse/