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How funding a new road will benefit Newquay

How funding a new road will benefit Newquay

Published by Emma Carton at 8:27am 23rd May 2018. (Updated at 11:19am 23rd May 2018)

Council says funding new development road will mean new jobs

By Local Democracy Reporter Richard Whitehouse

Cornwall Council has agreed to provide the Duchy of Cornwall with a £7.1million loan to help fund the building of a road through a major Newquay development.

The council has given its backing for the money which will be used to build further stages of the Newquay Strategic Route which serves the Duchy’s Nansledan development.

As well as lending the Duchy £7m the council will also be providing £8.7m of its own money for the road to be built.

prince charles nansladen

Prince Charles unveiling the name of the new school for Nansledan

The council has stepped in to help build the road after there were concerns that it could be delayed by up to 10 years or more as the Duchy was only obliged to build the additional sections on delivery of further development.

By providing for the road the council says it will unlock 1,600 new homes and 800 new jobs.

However there was not universal support for the council to provide funding for the road when it went to full council this afternoon.

Labour group leader Stephen Barnes questioned the need to lend the Duchy of Cornwall money saying: "It doesn’t make sense to me".

Mebyon Kernow councillors all voted against the recommendation with leader Dick Cole saying: "I cannot support this at all".

prince charles nansladen

Prince Charles unveiling the name of the new school for Nansledan

Bob Egerton, Cabinet member for planning and economy, said that the Duchy would be paying interest on the loan from the council and said that it would be repaid by 2030.

He also highlighted that as well as providing an access route to the new development area it would also help relieve traffic problems on local roads around the site including at Quintrell Downs.

Speaking after the meeting Cllr Egerton said: "The decision recognises that we can now move forward with the delivery of the Newquay Strategy Route.

"Without council intervention the full access road that serves Nansleden would not be likely to be delivered in the next ten years.

"Now that Cornwall Council has agreed the loan we can improve the lives of local residents sooner by improving the road network more quickly, as well as bringing forward more homes, jobs and growth to 2030 and beyond.

"This includes the Chapel Gover site which has planning conditions, restricting the development of 800 new homes, until the full Newquay Strategic Route is delivered".

It is hoped that work on the new sections of the road could start in 2019 and be completed by 2021.

Nansledan is a 540-acre extension of Newquay and over time will provide 4,000 new homes as well as a school and other facilities.

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