Market Leads & Opportunities

Riverside apartment scheme set for green light

Source: https://www.insidermedia.com/news/

Plans for a major housing development at a riverside location in Newport are set to move forward after being recommended for approval.Full planning permission is sought for the construction of 122 dwellings, including 82 affordable homes and 40 open-market properties.The apartments – across five blocks of contemporary design – would be developed on a site currently in use as a pay and display car park located adjacent to the River Usk and Usk Way.As well as the accommodation, space is allowed for two commercial units and associated works, including landscaping, drainage, car and cycle parking.The apartment blocks would be formed around a central courtyard and would be constructed at the perimeter of the site.In a report to be scrutinised by Newport City Council councillors, it is considered that the scale and massing of the proposed development is appropriate to the area and would respond well to the scale and massing of neighbouring developments.The proposed development would bring forward a site allocated for residential development in the local development plan with 67 per cent of the units set to an affordable tenure.It is recommended that planning permission is granted with conditions.