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Masterplan for the £170m scheme to develop Truro

Masterplan for the £170m scheme to develop Truro

Published by Sarah Yeoman at 3:59pm 11th December 2019. (Updated at 8:10am 12th December 2019)

Written by Local Democracy Reporter, Richard Whitehouse

A masterplan for the £170 million redevelopment of a major part of Truro City Centre will go before councillors next week.

Cornwall Council is leading on the planned redevelopment of an area in Pydar Street in the city.

The council has teamed up with Truro City Council, Kenwyn Parish Council, Truro Business Improvement District (BID), Truro Chamber of Commerce and Falmouth University in drawing up the plans for the area.

The masterplan is set to go before Cornwall Council’s Cabinet when it meets on Wednesday (December 18th).

It includes proposals for 300 homes – of which 35% would be affordable – and 17,000 sq metres of employment space.

Pydar Street redevelopment
Artists' impressions of the planned Pydar Street redevelopment in Truro

 

There are also plans for The Hive – part of Falmouth University’s creative and digital cluster which “will bring together education, research, innovation, business, entertainment and community facilities in a unique environment”.

A report going to Cabinet states: “With a focus on screen, digital, gaming and the creative industries, it will help drive the local economy through the development of high-value, high-growth businesses and jobs. The project’s design and culture will be based on open access and open innovation, enabling participants and the public to engage uniquely in the creative innovation/development process".

The scheme would also provide a new public and community space for people to use.

In the report officers state: “The regeneration of a complex site such as this, in a sensitive location, is a major scheme and one of the largest the council has ever pursued. The ambition for the site is to become the catalyst for regeneration across the city and has a development cost of almost £170m".

Under the proposals there would also be a hotel, shops, restaurants and leisure facilities provided across the site.

Pydar Street redevelopment
Artists' impressions of the planned Pydar Street redevelopment in Truro

 

The council has said it wants to ensure that the area is connected with the rest of the city centre and has set out plans for accessible routes which will provide that connectivity as well as connecting with the river in the city.

Next week the Cabinet will be asked to approve that an outline planning application be submitted for the project in the new year.

A full business case for the project will be brought back to the Cabinet in the autumn of 2020.

The report to Cabinet states: “The proposed scheme will regenerate a run-down area of the city and help create a vibrant new neighbourhood and destination for Truro. The project will pioneer new ways of living, learning, working and playing, helping transform Truro into a creative city, fit to lead Cornwall into a successful and prosperous future.

“Pydar Street will deliver new homes, innovative work and learning spaces, together with an exciting riverside park and range of engaging leisure, hospitality and cultural facilities and events.

“A development of this scale will take a number of years to develop. The mixed-use scheme will enable the creation of a vibrant and varied neighbourhood with a distinctive mix of building types, scale and designs that can be brought forward as distinct phases over that period of time all framed within a single master plan".

Pydar Street redevelopment
Artists' impressions of the planned Pydar Street redevelopment in Truro

 

Cornwall Council’s Cabinet will meet on Wednesday (December 18th) to consider the report.

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