Newport Unlimited
| Newport Unlimited | |
|---|---|
 | |
| Formation | 2002 |
| Type | Public/private partnership |
| Legal status | Corporation |
| Purpose/focus | Urban regeneration |
| Headquarters | 1 Gold Tops, Newport, NP20 4PG |
| Region served | City of Newport |
| Chief Executive | Gareth Beer |
| Website | www.newportunlimited.co.uk |
Newport Unlimited was an Urban Regeneration Company created in 2003 to help counter the impacts of the decline in heavy industry and manufacturing in the city of Newport, South Wales. It was initially given a 10-year lifespan. [1]
The company was founded by Newport City Council and the Welsh Government. During its tenure it contributed to attracting £230 million of private investment to the area.[1] It was credited with the transformation of the city's river frontage and attracting the Ryder Cup golf tournament to Newport in 2010.[1] The company's role was extended by a further year in 2012.
In January 2013 a leaked report showed that the company's funding would cease in April 2013, with the city council believing it could save money by bringing the work in-house.[2] In October 2013 Newport Council made a bid for funds from the Welsh Government to enable the council to continue the regeneration process.[1]
See also
- City Bridge
- Cambrian Centre
- Crindau Marina
- Friars Walk
- Kingsway Shopping Centre
- Llanwern/Llanwern steelworks
- New M4
- Newport bus station
- Newport City footbridge
- Newport railway station
- Riverfront Arts Centre
- Rodney Parade
- Southern Distributor Road
- University of Wales, Newport
References
- ↑ 1.0 1.1 1.2 1.3 Hall, Rupert (25 October 2013). "Newport gears up for next phase of regeneration". Wales Online. Retrieved 4 November 2013.
- ↑ Deans, David (17 January 2013). "Axe hangs over Newport regeneration firm". Oxford Mail. Retrieved 4 November 2013.