News

Green light for Risca regeneration

A landmark building in Risca town centre is set to get a new lease of life now that exciting plans for a major new supermarket for the town have been agreed.

It was announced this week that Tesco have purchased the former Foundry Site off Newport Road and construction work on a new superstore has now started.

As part of this exciting regeneration proposal, the historic Palace cinema building will also get a much-needed facelift with the creation of a 'Tesco Express', a new library and other community facilities at the Palace site.

The main Tesco site will be located at the former foundry site off Newport road. The proposals include:

• 80,000 sq ft foodstore
• 761-space shoppers' car park
• A petrol station
• 500 new jobs for local people
• A new footbridge linking to the town centre
• A new riverside walk and extensive landscaping

Tesco aims to open the foundry site store in December 2010. This will create around 500 full and part-time positions that will be prioritised for local people.