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BRAY ASSOCIATES


WE CAN OFFER 33 TRADING DAYS A WEEK


01895 639912 SERVING THE NATION’S TRADERS SINCE 1922


A group of traders in a city in South Wales have expressed serious concerns about plans to drastically revamp their iconic indoor market. A new £12m revamp of the


Grade II-listed market building in Newport was unveiled in 2018, which including flats, office space and a hotel on the upper floors. The developer behind the


project is Cardiff based firm LoftCo, which has previously been responsible for high- profile regeneration projects such as Cardiff’s Tramshed and the Pumphouse in Barry. The scheme has been


officially endorsed by Newport’s market traders association, but a group of 19 businesses trading from the market have joined together to protest against a number of elements within the proposed project. Local media repor ts


that in an email to council members, book trader Mark Rogers, speaking on behalf of the group, said he and his colleagues believe the plans “will not deliver the modern market that the city requires, kills its potential to act as a catalyst for regenerating the quadrant it resides in and ultimately may well end in the extinction of the building as a market”. “We are also concerned


that the proposal contains plans to remove the majority of the Victorian stalls in Market Hall, the bulk of which contain the original Victorian facades, hidden under inappropriate fascias installed during the 1950s-1980s, and that the greatest feature of our building, the market’s magnificent barrel-vaulted roof, is going to be fatally compromised by the developers plans to suspend office space within the voids of the atrium.” It has also been made clear


by the traders group that they are not in agreement with the official backing given to the scheme by the market traders association. However, the chairwoman


of the association, Annette Farmer, said she was “all for” the plan, adding: “Sometimes you’ve got to break a few eggs to make an omelette. Not everyone will be happy but that’s the way it goes.” Mr Rogers said that he


and the businesses he was speaking on behalf of were


ISSN 2057–6781 www.market-trader.co.uk MARCH 1 - 14, 2019 No. 4947 70p


INSIDE... Page 3


Wrexham markets up for discussion again


Page 19


Fears for historic market Newport’s iconic market hall (Photo: Andy Harcombe)


aware that the market could not survive in its current condition, and were open to bringing in private sector involvement. But they were concerned


that LoftCo, which is run by developer Simon Baston, had no previous track record within the markets industry. “Cardiff Tramshed, Barry Pumphouse and the Jennings Building in Porthcawl have all been developments in derelict or empty buildings,” he said. “Working in a ‘live’ building is an entirely different and challenging proposition. “We do not consider this to


be acceptable and puts all our businesses at risk.” He added: “We would urge


that expertise is brought in from the worlds of markets and development to look at the current proposal from an objective viewpoint and to explore the possibility that there may be better and more effective ways of securing the future of the market and placing it at the centre of a regeneration process that Newport so clearly needs. “We believe that the


direction of travel is right, but that the development proposal is a case of the wrong scheme and the wrong developer.” But a council spokeswoman


told local media it was the developer who approached the council over the scheme, not the other way around, adding that the company


had “prior experience in the redevelopment and re-use of heritage properties”. “[The market] continues


to experience significant challenges and does not trade to its full potential,” she said “Issues affecting high


streets across the country, including the fall in demand for traditional retail opportunities, are well documented. “I t is also widely


acknowledged that successful city centres offer a mix of


office, housing and leisure provision, not just retail. “Council officers have engaged in regular dialogue with the Market Traders Association and representatives elected by the traders. The developer has also met with traders. “All issues regarding specific features of the redevelopment and related building work will be subject to full planning and listed building approval as per any project of this nature.”


It is understood that under


the scheme Mr Baston’s company would be given a 250-year development lease in exchange for 15 percent of rental income. Market Trader contacted


LoftCo, but at the time of going to press no one had been available for comment.


Seating issue at market hall


Page 22


More disharmony at market


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Contact: Office– 01895 639912 Sam – 07737 630843 Les – 07971 738239


BRAY ASSOCIATES


01895 639912 Email: email@bray-associates.co.uk www.bray-associates.co.uk


The market’s fine Victorian façade (Photo: Pwimageglow)


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