Modus Plan Consultation in Newport
Nov 2005

Manchester based Modus Corovest Ltd, have submitted a planning application for their £210 million regeneration scheme in Newport City. Early this year, Newport Council named the Manchester based company as the developers who will transform the city into a major shopping destination.

Modus Corovest will be holding an open Public Consultation at Unit 18, The Kingsway Centre on 30th November from 10am until 6pm. The consultation will be open to the people of Newport, as well as press, council members and any other interested parties, who can view the exciting development proposals and meet with the professional team.

Mike Riddell, Urban Regeneration Managing Director, said: "This scheme will help transform Newport city centre, attracting shoppers and City Centre users alike and will be a focal point for the community.

The design is contemporary, vibrant and visually stimulating with space for the first ever department store in Newport. Modus Corovest look forward to working with the people of Newport to provide them with the scheme which they want and deserve for their city."

The Modus Corovest re-development of Newport proposes a mixed use scheme including retail, leisure, residential, public spaces, cafes and restaurants. A total of 388,500 sq ft of retail including a 105,000 sq ft department store, 12,500 sq ft of restaurants, 6,000 sq ft Health Club, 47,000 sq ft multi-screen cinema, 137 city centre residential apartments, improved car parking facilities for up to a total of 1,400 cars.

Modus Corovest will also provide pedestrian priority areas and enhanced public spaces which will create a unique environment for the local community.

In November 2004, properties at 19-29, John Frost Square and 1-9, Upper Dock Street in Newport were purchased by Modus Corovest Limited. The two blocks purchased by Modus form part of the pedestrianised prime retails area included in the redevelopment.

Work is expected to start on site towards the end of 2006 with completion expected in Spring 2009, in time for the Ryder Cup in 2010.