Friar's Walk plan shelved (From South Wales Argus)
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Friar's Walk plan shelved
12:47pm Wednesday 10th June 2009 in News
Exclusive By Jane Helmich
DECISION: Newport council leader Matthew Evans in Newport’s John Frost Square, the site of the proposed Friar's Walk scheme
A MAJOR shopping scheme which would have helped transform Newport city centre is being ditched, as JANE HELMICH exclusively reveals.
FRIAR'S Walk - the £200 million shopping vision expected to transform Newport city centre - is not going to become a reality.
City bosses have taken the tough decision to call it a day for the scheme which was dogged by continual delays.
They said the developers had revealed they were not in a position to deliver the centre as originally proposed and the council was not prepared to accept a scaled-down version of such an important venture.
It will a devastating blow to many in the city who believed the new shopping venue was vital for the centre's regeneration.
Many shops had already agreed to take up units in the centre including anchor stores Debenham's and Marks and Spencer, along with many other well-known names. A Vue Cinema was also lined up along with restaurants.
But now the council will be looking for a development partner for a new retail scheme and intends to take greater control of the site.
And it will not mean going back to square one as a lot of the groundwork for another project is already in place including the road infrastructure, planning permissions, and a new multi-storey car park almost completed.
Modus (Corovest) Newport Ltd, the company which won the contract in 2005 is understood to have lost investors backing the scheme as a result of the banking crisis.
But, despite repeatedly stating its commitment to Friars Walk, it failed to find new funding.
The council plans to go out to tender for a new city centre development and will be re-marketing the site.
Approval has already been given to complete the on-going compulsory purchase scheme around John Frost Square.
"As far as the council is concerned we have reached the stage where a definite decision needs to be taken on the future of Friars Walk," said council leader Matthew Evans.
"We have done all we can as a council to get this scheme to the stage where the developers had to come up with funding and go on site."
Cllr Evans said it had failed to do this and had told the council that, because of the economic downturn, the council was currently not in a position to deliver the intended scheme.
"Such is the importance of this project for Newport we are not prepared to accept a scaled-down version and will therefore open up the scheme to other interested parties."
He added that businesses and investors knew the huge potential the city had and there was no lack of interest in the Friars Walk which was 75 per cent pre-let.
"The banking crisis has had a huge impact on the commercial property market and unfortunately Modus and Friars Walk have been caught up in the middle of this."
Cllr Evans said they were taking decisive action at a difficult time.
"I know there will be huge disappointment, but we will be failing the people and businesses of Newport if we just allowed the current situation to drift on indefinitely."
Cllr Ed Townsend, cabinet member for economic development and employment, hoped the decision would bring an end to the "cloud of uncertainty and rumour" and enable them to bring a fresh impetus to the city's redevelopment plans.
Comments(51)
DEBS1
says...
1:14pm Wed 10 Jun 09
DEBS1
says...
1:16pm Wed 10 Jun 09
Bobevans
says...
1:18pm Wed 10 Jun 09
When a major backer pulled out we had the usual spin of it will not affect the Project. They had to be out of their tiny minds to think that.
Now the Project needs to be totally re-thought. It's no good just going out to tender with the current Project
NP_Welsh_Dragon
says...
1:29pm Wed 10 Jun 09
Before bob comes and writes his highly critical comments onto this article it has to be stated that it is NOT Newport City Council and Newport Unlimited's fault for all of this....it's the investors/ recession!!
ken ash
says...
2:48pm Wed 10 Jun 09
Cabot's Circus, Bristol, Southgate, Bath, St David's 2, Cardiff, Gloucester Quays Shopping Mall - all built and finished during a recession.
So why? I'm non-political but Newport City Council has had SEVEN years to get something done since the Ryder Cup was announced. That is across all parties. Now the flagship has been burnt down and the fault and blame lies with those who talk a brilliant talk but did not follow it up.
As for Newport Unlimited, they, like MPs and their expenses, ought to be taken to caught for fraud. The quango has failed miserably to do anything for this town. They have been asked to report to the council more times than I have had hot dinners yet they still haven't. So what about our council tax to Newport Unlimted for consultancy fees, etc? Are they going to pay it back for ten years of nothing? Of course not.
The credit crunch has hit us all but the unswerving belief that Frair's Walk or anything else will be built - City Spires, a mini-town on the Llanwern steelworks site - all gone.
It is about time that Newport realised that it has idiots as leaders and is only a town which is used for cheap housing and commuting back and forth to Cardiff and Bristol.
Even Terry Matthews is marketing the Ryder Cup as coming from 'The Celtic Manor, Cardiff' not Newport.
So add Friar's Walk to the town centre development around Wildings and the Usk Barrage as schemes which were all big and bold but whose proposals were built on sand.
I think I'll retrain as an architect or a commercial lawyer so that, when the next 'big thing' comes around in Newport, I'll get a fat consultancy fee knowing that I don't have to do any work because it is going to fall flat on its' face anyway.
Time for Newport to give up the ghost now. At least Terry Matthews will be saved from embarrassment next year.
gingertom
says...
3:15pm Wed 10 Jun 09
flud
says...
3:19pm Wed 10 Jun 09
DEBS1
says...
3:36pm Wed 10 Jun 09
ken ash wrote:I heard Terry Matthews has even sent people to Cardiff for hotel accomodation during the Ryder Cup as he is fully booked whats wrong with recommending Newport
Well, NP_Welsh_Dragon, Debs and the others. Just look at this. Cabot's Circus, Bristol, Southgate, Bath, St David's 2, Cardiff, Gloucester Quays Shopping Mall - all built and finished during a recession. So why? I'm non-political but Newport City Council has had SEVEN years to get something done since the Ryder Cup was announced. That is across all parties. Now the flagship has been burnt down and the fault and blame lies with those who talk a brilliant talk but did not follow it up. As for Newport Unlimited, they, like MPs and their expenses, ought to be taken to caught for fraud. The quango has failed miserably to do anything for this town. They have been asked to report to the council more times than I have had hot dinners yet they still haven't. So what about our council tax to Newport Unlimted for consultancy fees, etc? Are they going to pay it back for ten years of nothing? Of course not. The credit crunch has hit us all but the unswerving belief that Frair's Walk or anything else will be built - City Spires, a mini-town on the Llanwern steelworks site - all gone. It is about time that Newport realised that it has idiots as leaders and is only a town which is used for cheap housing and commuting back and forth to Cardiff and Bristol. Even Terry Matthews is marketing the Ryder Cup as coming from 'The Celtic Manor, Cardiff' not Newport. So add Friar's Walk to the town centre development around Wildings and the Usk Barrage as schemes which were all big and bold but whose proposals were built on sand. I think I'll retrain as an architect or a commercial lawyer so that, when the next 'big thing' comes around in Newport, I'll get a fat consultancy fee knowing that I don't have to do any work because it is going to fall flat on its' face anyway. Time for Newport to give up the ghost now. At least Terry Matthews will be saved from embarrassment next year.
I'll tell you its a disgrace an embarresment a outright bloody show-up as you said Ken Ash all the other projects you have listed were completed during a reccession but let me guess not as bad as this one its just as I've said before give us some tumble weed as this
sh**ty city has now been ruined beyond repair THANKS NEWPORT CITY COUNCIL AND THANKS NEWPORT UNLIMITED
newportboy1980
says...
3:56pm Wed 10 Jun 09
The Abrogator
says...
4:05pm Wed 10 Jun 09
Newport and the people who live and work there deserve better.
Halfway Harry
says...
4:08pm Wed 10 Jun 09
Owain Vaughan
says...
4:11pm Wed 10 Jun 09
No he isn't. Look at http://www.celtic-ma
nor.com/The-Ryder-Cu
p-2010.aspx
jono port
says...
4:15pm Wed 10 Jun 09
heads should roll for this mess ,both city spires and now friars walk have bitten the dust .
newport unlimited should be shut down ,the welsh assembly should be asking and investigating these seemly untouchable people wasteing our tax payers money .
i also feel that the council have a SEVERE lack of urgancy about any of this mess .inclding the potential of the ryder cup .
HOW is any body in newport supposed to be proud of this city .
WHAT a JOKE ,it almost unbeliveable!!!!!!!!
!!!
Dave on his Soapbox
says...
4:22pm Wed 10 Jun 09
are we tax payers going to chip in with the next proposal?
We've already paid for a footbridge to no where....and contributed to thenew 'city' centre campus.
Wasn't the kingsway shopping centre originally build by the council?
jono port
says...
4:22pm Wed 10 Jun 09
HE should be looking to distance self as far as possible from this mess.and get the paper to start questioning the constant spin that is constantly coming out of newport unlimited
M Henry Morgan
says...
5:03pm Wed 10 Jun 09
The Abrogator
says...
5:29pm Wed 10 Jun 09
jono port wrote:The editor will be too busy with chummy gang of mates to worry about it. I know. I used to work there. If your face doesn't fit, as the old saying goes...
and also the EDITOR of the ARGUS should resign from the board of newport unlimited NOW. HE should be looking to distance self as far as possible from this mess.and get the paper to start questioning the constant spin that is constantly coming out of newport unlimited
The Rabbit
says...
6:25pm Wed 10 Jun 09
If we all new this why didn’t our councillors?? Perhaps I should be a councillor. I couldn’t do any worse than them.
How does one become a councillor I wonder?
Mmm... Councilor Rabbit has a certain ring about it.
The Rabbit
says...
6:28pm Wed 10 Jun 09
Bobevans
says...
6:28pm Wed 10 Jun 09
No accountability, Lots or hot air and lots of spin.
billieboy
says...
6:34pm Wed 10 Jun 09
ov.uk I think that it is about time councilors began to listen to the people of Newport and they can only do this if they know how we feel.
kalwales@hotmail.com
says...
6:53pm Wed 10 Jun 09
I for one constantly stick up for newport but now ive had an absolute gutsful,
Newport is now a "Supreme Chav Town with Smackheads & Wino Dolebumming Roid Heads" the best part about newport is THE EXIT !
I ASK YOU ALL TO EMAIL THIS CLOWN
Andy.evans@newport.g
ov.uk & SHOW HIM YOUR TRUE FEELINGS !
OutintheWetlands
says...
6:59pm Wed 10 Jun 09
Stuck
says...
7:59pm Wed 10 Jun 09
Brighton_1975
says...
9:26pm Wed 10 Jun 09
Stuck wrote:You have a point there. It's unfortunate that Newport is bang in the middle of two major shopping cities (Bristol and Cardiff). Of course the major retailers would go there before Newport. It has nothing to do with Newport itself, just basic economics.
There simply isnt the money in Newport. Newport is a spit and sawdust "town" in south wales not New York or Milan. Lets get real and stop trying to polish a T**d. BTW Im avoiding the Ryder Cup by going shopping abroad maybe New York or Milan.
This is why they should knock down the truly horrific John Frost Sq and bus station and build a huge public space for people to enjoy. It's never going to become a large shopping centre so why not make it something unique. Cardiff is slowly turning into any other British city centre and is losing it's identity so this would be an ideal opportunity for Newport to get one up on their neighbours.
papa
says...
9:37pm Wed 10 Jun 09
I have heard that NDW 1 is being used as a late night taxi, no need to phone a friend, they are in it as well!!
AndrewBarley
says...
9:50pm Wed 10 Jun 09
This council should admit defeat and hand the keys back to the labour councillors to sort he mess out caused by a grou ofcouncillors who have not got a clue how to run a council.
from children, adults, taxi drivers, pensioners and even the dead this council is only interesed in making money for its own back pocket. As for the comment about the tax payed ayors car NDW 1 I saw that vehicle at the celtic manor last week, he dropped chris freegard off at the club house. Meeting? during a tournament? or a free ticket for all the back scratching thats gone on with Sir Terry.
billieboy
says...
9:50pm Wed 10 Jun 09
ov.uk/stellent/group
s/public/documents/a
genda/cont386064%7E1
Wouldn’t it be great if the council members had some company????
pearshaped
says...
9:55pm Wed 10 Jun 09
While I'm here, someone please crack down on chav scum like the beer-stinking pair I sat next to in Beechwood surgery yesterday at 9:15 a.m., one of them laughing that they were going to get 300 quid (a month?) for claiming they were depressed, and that he was suing the council after hurting his ankle by stepping in a pot-hole (again, laughing that he was **** out of his brain at the time). Where have all the decent people of Newport gone?
Jenks
says...
10:22pm Wed 10 Jun 09
papa
says...
10:42pm Wed 10 Jun 09
AndrewBarley wrote:My information is that it was a bit closer to town, like a night club!!
Anoter shambles typically orcehstrated by this joke of city council that are currently in office. I find it strange that after a wash out at the celtic manor on the weekend and lots of mumblings in the golf circle that the Ryder cup is in october and the weather experienced these past few days is in JUNE!!!! This council should admit defeat and hand the keys back to the labour councillors to sort he mess out caused by a grou ofcouncillors who have not got a clue how to run a council. from children, adults, taxi drivers, pensioners and even the dead this council is only interesed in making money for its own back pocket. As for the comment about the tax payed ayors car NDW 1 I saw that vehicle at the celtic manor last week, he dropped chris freegard off at the club house. Meeting? during a tournament? or a free ticket for all the back scratching thats gone on with Sir Terry.
Only rumour though.
billieboy
says...
10:49pm Wed 10 Jun 09
Cantankerous
says...
12:27am Thu 11 Jun 09
This failure is not the fault of Newport City Council and our councillors nor is it the fault of Newport Unlimited.
The problem is simple - the developer's security, its property value over 40+ projects, dropped by 26% - not an attractive deal to their lenders.
We are in a recession - understand it!
D.G.
says...
3:03am Thu 11 Jun 09
Here's a simple message for *you* - the problems around this development were being aired on this forum at least a year before the credit crunch/recession took hold.
I remember this vividly; because I was one of the unfortunate dupes who believed the council, Newport Unlimited and this sorry-ar$ed excuse of a newspaper when they said everything was going to be fine.
There are words for how I feel about that, but none I care to repeat in polite company.
shera 1
says...
3:18am Thu 11 Jun 09
Cantankerous wrote:the truth for those
A simple message to those who do not understand: This failure is not the fault of Newport City Council and our councillors nor is it the fault of Newport Unlimited. The problem is simple - the developer's security, its property value over 40+ projects, dropped by 26% - not an attractive deal to their lenders. We are in a recession - understand it!
with intelligence:
this failure and the buck stops at newport
city council and newport unlimited.the
council had too many meetings,just talking
and time wasting.more time wasting like 9 months
to move the murial pictures from john frost square etc.newport unlimited
acted like mps claiming expenses etc. they had 7 years
to build these 2 flagship shoping centres in newport.as
for the developers did the council not
get them to give guarantees,sign contract etc. that city spires and friars walk would be completed on time and within budget before the ryder cup.
dont blame the recession in 2009.
they had plenty of time to complete the projects by now.
notice the head of newport council is leaving this summer.
heads should roll on this one.
Bobevans
says...
6:50am Thu 11 Jun 09
Look at the town centre mess. They have been told for at least a year that it was out of control and wa not going to happen but they totally ignored it and choose to live in their own little dream world and continuted to say it was on schedule
They have been told Newport Unlimited were a key causeof the mess and that they should dismiss them. Again the electorate are ignored.
Now the program has been totaaly binned exactly what are we paying Newport Unlimited to do?
Can we have an ANSWER Newport Council?
No I thought not, total silence
We have total unaccountability at Westminster & total unaccountability at a local level.
Is it any wonder people dont vote and that they have total disgust with politicians
Our local councillors are ignoring the electorate in the same way that Brown is.
Why not get rid of the whole disgracefull bunch of them. We could easilly do without them. Lets us vote onschemes & budgets, cut out the middle men that just ignore us anyway,
Bobevans
says...
6:59am Thu 11 Jun 09
So perhaps the council will tell us what Penalty payments the Taxpayers will be picking up now that the contact has been called in?
No retailer would give a firm contractual comitmmnt without due dilegence and they would have covered themselves
We will not get an answer from Newport Council on this though. It might be embarrissing for them
mafu09
says...
7:41am Thu 11 Jun 09
Dugstar
says...
8:58am Thu 11 Jun 09
doctor bob
says...
9:42am Thu 11 Jun 09
Bobevans wrote:Bob. This was a privately funded development, and the finances and contracts with shops was not anything to do with the council. Any contracts would have been between Modus and the retailers. I guess it would have been along the lines of 'if you build it we agree to come. Friars Walk was ready to go but Modus and the banks went bust, that's just a bad bit of luck. I heard Cardiff's scheme was wobbling too last year but you'd have to wonder whether the powers that be would have allowed that to happen.
An interesting pointnow. I continuall questioned the claim they had cContractual sign up for 70% of the retail units. So perhaps the council will tell us what Penalty payments the Taxpayers will be picking up now that the contact has been called in? No retailer would give a firm contractual comitmmnt without due dilegence and they would have covered themselves We will not get an answer from Newport Council on this though. It might be embarrissing for them
D.G.
says...
12:06pm Thu 11 Jun 09
doctor bob
says...
12:53pm Thu 11 Jun 09
D.G. wrote:.. only in terms of getting the site together and ready to be passed on to Modus to build.
Privately funded - isn't Rosemary Butler quoted on these pages as saying the WAG has a major stake in this development?
D.G.
says...
2:06pm Thu 11 Jun 09
davewales
says...
5:17pm Thu 11 Jun 09
ken ash wrote:well said ken.
Well, NP_Welsh_Dragon, Debs and the others. Just look at this. Cabot's Circus, Bristol, Southgate, Bath, St David's 2, Cardiff, Gloucester Quays Shopping Mall - all built and finished during a recession. So why? I'm non-political but Newport City Council has had SEVEN years to get something done since the Ryder Cup was announced. That is across all parties. Now the flagship has been burnt down and the fault and blame lies with those who talk a brilliant talk but did not follow it up. As for Newport Unlimited, they, like MPs and their expenses, ought to be taken to caught for fraud. The quango has failed miserably to do anything for this town. They have been asked to report to the council more times than I have had hot dinners yet they still haven't. So what about our council tax to Newport Unlimted for consultancy fees, etc? Are they going to pay it back for ten years of nothing? Of course not. The credit crunch has hit us all but the unswerving belief that Frair's Walk or anything else will be built - City Spires, a mini-town on the Llanwern steelworks site - all gone. It is about time that Newport realised that it has idiots as leaders and is only a town which is used for cheap housing and commuting back and forth to Cardiff and Bristol. Even Terry Matthews is marketing the Ryder Cup as coming from 'The Celtic Manor, Cardiff' not Newport. So add Friar's Walk to the town centre development around Wildings and the Usk Barrage as schemes which were all big and bold but whose proposals were built on sand. I think I'll retrain as an architect or a commercial lawyer so that, when the next 'big thing' comes around in Newport, I'll get a fat consultancy fee knowing that I don't have to do any work because it is going to fall flat on its' face anyway. Time for Newport to give up the ghost now. At least Terry Matthews will be saved from embarrassment next year.
i have emailed
andy.evans@newport.g
ov
the recession is a good excuse but it doesnt wash everyone knows this is down too poor planning and leadership.the buck must stop with the council.the council picked the planners,advisors,de
velopers,consultants etc with our money and have failed us miserably.
i agree the editor of the argus should step down from newport unlimited and then his paper might write the truth about these shysters.
Bobevans
says...
6:39pm Thu 11 Jun 09
The only thing the rushed in was the pointless footbridge. The main purpose of which was to provide a slightly shorter root from the student digs to the university. It also allows them quicker acces to the pubs & clubs.
£3 Million well spent I dont think
What an earther the idiots in Newport Unlimited to think this was sensible god only knows.
It would be a bit like building a house on a tight budget so you start with the Conservatory.
Madness total and complete madness.
mikewelsh
says...
10:20pm Thu 11 Jun 09
papa wrote:dont believe all hearsay papa, i was sat behind the Mayor on the bus only the other day, before you ask, no he didn't have his chains on.
Well Newport has been a shambles for years but at least now we got a Mayor that matches it and he will do sod all about it except make it worse. I have heard that NDW 1 is being used as a late night taxi, no need to phone a friend, they are in it as well!!
Mr. Gaunt
says...
9:07am Sat 13 Jun 09
billieboy
says...
6:18pm Sat 13 Jun 09
DEBS1
says...
8:44pm Sat 13 Jun 09
billieboy wrote:thanks for this billieboy lets see if we can all make it to the council it should be like watching a bunch of standup comedians
Can I mention again that there is a council meeting to disucss Newport City Centre at 10p.m. on Tuesday 16th in the council chambers - this is open to the public
Brighton_1975
says...
11:36am Sun 14 Jun 09
DEBS1 wrote:More like a live-action 'Muppet Show'!
billieboy wrote:thanks for this billieboy lets see if we can all make it to the council it should be like watching a bunch of standup comedians
Can I mention again that there is a council meeting to disucss Newport City Centre at 10p.m. on Tuesday 16th in the council chambers - this is open to the public
D.G. says...
12:58pm Wed 10 Jun 09