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37 Acre Merthyr Vale Housing Site Comes to Market

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Cardiff property consultancy Knight Frank has been appointed by Merthyr Council to find a housing developer for the second phase of the ambitious Project Riverside scheme at Merthyr Vale.

The 37-acre site of the former Merthyr Vale Colliery is being offered for sale, with Knight Frank seeking developers to construct up to 230 houses on the vacant land.  Leah Mullin, associate at Knight Frank, said: “Project Riverside represents an exciting regeneration opportunity to create a high-quality phased development, located in a well serviced area.”

Riverside Project The Urbanists Proposed Layout 300dpiThe site is available for purchase as a whole, or in smaller lots.

Project Riverside is being jointly funded by the Welsh Government and Merthyr Tydfil County Borough Council, which is investing £8.2 million in the scheme.

When complete it will comprise 230 dwellings, a school and other ancillary land uses such as small shops, a nursing/residential home, office buildings and a pub/restaurant. The first phase of the project was the Ynysowen Primary School which was formally opened by the Queen in 2012. The second phase is development of the former colliery site, with a final phase being the regeneration of Taff and Crescent streets in Merthyr Vale.

John Brooks of Merthyr Tydfil County Borough Council said:

“As one of the Council’s major strategic projects it is so pleasing to see the Council’s bold vision turning into reality.”

A major new road through the Riverside site was completed before Christmas, with the works also including the construction of new road and footbridges over the River Taff, and a new civic amenity site.

Leah Mullin said:

“We believe the Project Riverside site offers an exciting opportunity for imaginative regeneration to create attractive new homes. With the new spine road in place, the site’s riverside location, and the clear vision of the Council and Welsh Government, there are strong reasons to anticipate a positive reaction from developers.”

Bidders interested in tendering for some or all of the site should contact Knight Frank on 02920 440138 or at [email protected], with financial offers to be received by March 18.