Newport Market Hall is currently closed for refurbishment. Businesses outside of the hall will remain open depending on Covid-19 restrictions.
A multi-million pound regeneration scheme is planned for Newport Market.
As well as giving the market a brighter and more sustainable future, the scheme will complement the existing offer in the High Street area, as well as the wider city centre, and act as a catalyst for further regeneration.
LoftCo, the company behind the revitalisation project for the listed building, has a proven track record including major developments at Cardiff’s Tramshed, Barry’s Pumphouse and Porthcawl’s Jennings Building.
The award-winning specialist in SME incubation and community collaboration wants to create a 24-hour working/living space with a tech hub, 80 apartments and a performance space while retaining market units and a food hall.
The scheme could attract 100 new businesses and create over 300 sustainable jobs, modernising the building without losing some of its historic features.
LoftCo’s proposals have received backing from the council and will also contribute a short-term repayable loan, through Welsh Government funding, towards the cost of the scheme, subject to planning permission being granted.
Directions and parking
The market is five minutes walk from the railway station and buses.
Parking costs from £2 for three hours in council-owned car parks.
Newport Norse Property Services, Telford Depot, Telford Street, Newport NP19 0ES
Telephone (01633) 240450