Pydar Street site in Truro: proposals to take the development forward approved by Cabinet
The Council’s Cabinet at their meeting today (18 December 2019) gave their backing to the next stage of an exciting and innovative scheme to regenerate a run-down area of Truro. The scheme will provide many benefits including homes, workspace, learning opportunities and job creation as part of a vibrant new neighbourhood with green spaces and good quality public realm.
The Cabinet has today allocated £3million to fund the next stage of the project as they agreed the proposed masterplan, outline business case and that an outline planning application should be submitted for the scheme early next year.
The major site at the end of Pydar Street is a key area in the centre of Truro which is currently partially derelict. However, the £170 million regeneration of Pydar Street will help deliver on the Council’s commitment to provide new low carbon homes for Cornwall. There are also plans to create ‘The Hive’, a hub for the creative industries, bringing jobs and ensuring top talent from Falmouth University and local business stays in Cornwall.
The proposals to regenerate the site will deliver a vibrant community hub with green spaces, leisure uses and increased connectivity to green areas surrounding Truro. It will also enhance natural areas along the river, as well as provide terraced gardens and the planting of 150 trees.
A recent week long public engagement event drew in many people to view and discuss the proposals for the site and there was overwhelming support from the public for the scheme.