Newport taskforce to look at city centre homes plans

REGENERATION: Could homes be built above shop premises to help regenerate Newport city centre? REGENERATION: Could homes be built above shop premises to help regenerate Newport city centre?

A TASKFORCE to look at whether housing could regenerate the city centre was welcomed by traders and traders’ groups yesterday.

The Welsh Government has started work with Newport council on a business development project that will examine what barriers there are to firms growing in the district.

Alan Edwards, president of Newport Chamber of Trade, said he broadly welcomed the project, and said it wouldn’t go amiss if someone involved with the proposed Business Improvement District was involved.

He said: “I spent the first 21 years of my life living above the fish shop.

“There used to be a big community, living over pubs and flats over commercial enterprises. “ He said all businesses want to improve footfall: “Until we have an attractive shopping centre we can try everything. Wewill have difficulty attracting the numbers needed.”

Jon Powell, whose kiosk business was recently moved to the end of Bridge Street, said the idea seemed like a good one.

“I think its good they finally recognise that we have a problem here and they are going to get some resources to fix it,” he said.

Paul Halliday, chairman of Newport Independent Traders, said he was glad the group is being established.

But he added: “I’ve a number of concerns – we have had Newport Unlimited for a number of years now.

“It’s going to be at least six months before they take any decisions.”

He also raised concerns about housing in the city centre: “There’s nowhere for them to park. People are afraid to walk into the city at night at the moment.”

Darran Ward, owner of Freestyle skate shop in the Arcade, said the idea of housing in the city centre was interesting.

“If there were a few more people floating around there would be more incentive to fill the shops,” he said.

He said business rates were an issue for city centre firms, while the exodus of major chains has not helped.

“That’s been the massive thing. People are saying what’s the point in coming into town?”

The Welsh Government said it would like senior individuals from the public sector to join the steering group to guide the project’s work.

Comments(7)

lord iron of shumg says...
11:39am Fri 15 Mar 13

The only way Newport can move on is get the ebbw vale line to Newport ,free parking and lower the rates . And stop flipping building Follies !!!

whatintheworld says...
11:47am Fri 15 Mar 13

You need residential parking, not free parking. And regarding lowering the rates, that's up to Westminster. NCC has nothing to do with business rates.

Severn40 says...
12:16pm Fri 15 Mar 13

whatintheworld wrote:
You need residential parking, not free parking. And regarding lowering the rates, that's up to Westminster. NCC has nothing to do with business rates.
Except the timing of the revaluation of rates is in the remit of the Welsh Government and Edwina Hart has decided to delay this for another two years to 2017.

Llanmartinangel says...
5:09pm Fri 15 Mar 13

On the face of it, City Centre housing which has worked in Cardiff, seems a good idea. But Newport isn't Cardiff. It won't attract aspirational buyers because of its low quality image. Cardiff drew a mix of professional and buy-to-let property buyers but can you see that working for Newport? I can't.

Gooding says...
9:59pm Fri 15 Mar 13

Housing will only attract DSS and asylum seekers in Newport. We lost the town years ago, from electing intellectually stunted, monkey on a stick type Labour councillors for the best part of 40 odd years!

Pathetic stunt from our current council. Get a grip! They are not up to the job and should fall on their swords.

Unfortunately, the gravy train is all too appealing for them to do that.

NakedDancer says...
11:04pm Fri 15 Mar 13

Llanmartinangel wrote:
On the face of it, City Centre housing which has worked in Cardiff, seems a good idea. But Newport isn't Cardiff. It won't attract aspirational buyers because of its low quality image. Cardiff drew a mix of professional and buy-to-let property buyers but can you see that working for Newport? I can't.
My instinct would be to agree with you but there's been high demand and takeup for the new build properties, though I don't know the private v buy-to-let split. Newport is attractive for buy-to-let investors as yields are good ie property relatively cheap and rents relatively high. Also good transport links for people working inside or outside Newport. Similarly attractive for 1st time buyers as Newport property relatively cheap.

However, the other element (for buy-to-let or private) is the potential future value of the property and that's where quality of location/facilities has an impact on demand.

whatintheworld says...
2:57pm Mon 18 Mar 13

Severn40 wrote:
whatintheworld wrote: You need residential parking, not free parking. And regarding lowering the rates, that's up to Westminster. NCC has nothing to do with business rates.
Except the timing of the revaluation of rates is in the remit of the Welsh Government and Edwina Hart has decided to delay this for another two years to 2017.
Fair enough, didn't know that!

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