Developer St Modwen has agreed a planning deal with Newport City Council that will see a construction scheme on a former steelworks site go ahead.
Developer St Modwen and Newport City Council agreed a section 106 planning deal which will see one of the UK’s largest brownfield areas transformed.
Regeneration work will begin at Llanwern steelworkers near Newport once a development partner is secured.
The Glan Llyn project will see 4,000 new homes constructed along with 140,000 sq m of industrial space, 4,000 sq m of retail floorspace and 2,000 sq m of leisure space.
Andy Evans, head of planning, regeneration and strategic housing at Newport City Council, said the deal would require St Modwen to build two primary schools on the site and make an £8 million contribution to the delivery of education in the city.
It will also see a new district centre constructed with a library, police station and a doctor’s surgery.
A fifth of the project’s 4,000 homes will be affordable.