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£170m plans to develop centre of Truro move forward

£170m plans to develop centre of Truro move forward

Published by Emma Carton at 8:05am 19th December 2019. (Updated at 8:09am 19th December 2019)

Written by Local Democracy Reporter, Richard Whitehouse

An ambitious £170 million to redevelop a major site in Truro City Centre has taken a step forward after being supported by Cornwall Council's Cabinet.

The plans to transform the site on Pydar Street have been described as “one of the largest the council has ever pursued”.

Cabinet member Bob Egerton said the plans were a "bold vision for Pydar Street".

He said: "It is focused on putting the community back into the heart of the city".

Cllr Egerton highlighted the affordable housing which would be provided on the site which he said would be a mix for all ages.

He added: "Pydar Street will champion the best of Cornwall and become an exciting blueprint for the future".

Pydar Street redevelopment
Cornwall Council has voted to approve that £170m plan to redevelop part of Truro city centre. Photo: Cornwall Council

 

Cllr Egerton said that consultation events had attracted a number of positive comments and the most used word in responses was "exciting".

He admitted that there had been some concerns about the loss of parking space but those concerns were allayed by the council's transport plan.

The Cabinet member said the development could help to support more than 2,000 jobs. 

He also said there would be work to secure external funding to help towards the project.

Under the proposals the site would be the home for a new centre for Falmouth University along with student accommodation.

There are also plans for around 300 new homes along with employment space, a hotel, shops, leisure facilities and restaurants.

Public open space will also be created across the site, which includes the former Carrick District Council offices and Viaduct Car Park.

In a report to the Cabinet officers stated: "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".

Pydar Street redevelopment
A planning application for the Pydar Street project will be submitted in the new year and work could start in 2022. Photo: Cornwall Council

 

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.

A masterplan has been drawn up for the scheme and includes proposals for 300 homes - of which 35% would be affordable - and 17,000 sq metres of employment space, as well as 340 student beds.

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".

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.

An outline planning application for the development is set to be submitted by the council in January. Work could start on the development in 2022.

The Cabinet voted unanimously in favour of the recommendations to approve the masterplan and outline business case for the development and to allocated £3.06m from the council's economic development match fund reserve to take the project forward.

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