Pydar regeneration receives outline planning consent by Cornwall Council
Plans to regenerate the Pydar area of Truro were approved by the Strategic Planning Committee on Thursday 23rd September.
This is excellent news for Truro as the regeneration plans to create jobs, new low-carbon homes, more green spaces and support economic growth in the area.
The development will provide 320 homes, of which 35% will be affordable homes as a mix of affordable rent and shared ownership / discounted market sale.
There will also be 3.5 acres of public spaces created with more than 100 trees being planted and garden areas created that will be accessible by riverside public footpaths.
As part of our Town Investment Plan we proposed the Hive at Pydar which aims to bring together education, research, innovation, business, entertainment and community facilities in a unique environment. It will become a hub for the creatives industries, creating jobs and wealth, while ensuring top talent stays in Cornwall.
As part of the £23.6 million the Truro Town Deal was awarded from the Towns fund, £1 million is reserved to help fund the Hive at Pydar as part of the Pydar redevelopment project.
Council leader, Linda Taylor, said: “We have said that we want Cornwall to be a place where our residents can start well, live well and age well and these plans tick all of those boxes. We have set out our plans for vibrant, safe, communities and a thriving and sustainable Cornwall and the vision for Pydar personifies that. I welcome the committee’s decision today and look forward to seeing the scheme progress.”
Stephen Rushworth, Portfolio Holder for the Economy, said: “Our high streets and cities are facing big challenges and that’s why we need to invest in projects that support our city centre, create jobs and provide homes for people of all ages. We have worked with residents, businesses, the City Council and other stakeholders to make sure the proposals maximise the benefits for the city.”
Olly Monk, the Council’s Portfolio Holder for Housing and Planning, said: “This will be an exciting neighbourhood that will revitalise a run-down part of the city and provide much-needed affordable homes, as well as improve access to nature and provide more opportunities. It’s not just about homes – it’s about building communities and that’s what will happen here.”