Northern Gateway, Newport
Project Promoters
Newport City Council (NCC)
Scale
First phase of Masterplan (comprising the Station Link and public realm improvements) c.£20 million. Second phase of commercial development c.£80m
Sector
Mixed Use – Offices, Residential, Hotel, Retail, Leisure
Location
City of Newport – providing unrivalled development opportunities in the heart of a growing and vibrant young UK cityÂ
Investment Type
Development Finance, equity, or full forward funding. NCC is seeking the creation of mixed-tenure housing, office and commercial in the heart of the city centre, on the main South Wales public transport corridor
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Planning Status
Located within the defined city centre, in the adopted Local Development Plan and City Centre Master Plan
Share:
Significant investment has already been completed or is underway, including the multi-million pound refurbishment of the award-winning Indoor Newport Market and Market Arcade, and major infrastructure works – including a new footbridge linking the City Centre and 6,000 sq.m of new Grade A tech office space on Mill Street. Tech and Data are a strong business sector in the Northern Gateway with Tramshed Tech having recently opened a second site in the Innovation Station. They provide flexible workspace and tech startup support programmes and this location and are home to the Welsh Government funded International Soft-Landing Programme. The programme supports international tech companies to ‘soft-land’ in Wales.
Opportunities for new commercial space and transformational development exist in the Northern Gateway, and takes advantage of a growing City with excellent connectivity and an outstanding well-being offer.
This new development area can offer flexible commercial space that will respond to current demand, including, but not limited to, a new hotel and office/co-working space. There is also a great opportunity for new mixed tenure housing, educational or leisure use – allowing more people to live, work and visit the city centre. Much of the Northern Gateway is already seeing significant transformation, with new active travel links and planting to create a real sense of place and well-being.
