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Newport Market Regeneration Moves Into Final Stages

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The regeneration of Newport’s Victorian market has moved into its final stages ahead of a formal opening in March.

Europe’s biggest indoor market regeneration project will house more than 100 independent businesses, offering a huge choice in food and drink, retail and lifestyle outlets.

Developers Loft Co have now let 95% of the market’s ground floor. Former market traders Rae Barton Fruit and Veg and Friendly Neighbourhood Comics wlll be returning to the market, alongside new retailers such as Newport-based Pure Pets, Bristol’s Ashwell & Co, while gin-makers Cardiff Distillery will be launching their Newport brand at the new venue.

When completed, Newport Market will host more than 70 workspaces and offices of varying sizes – from two-person units to others able to house up to 13 people. More than 80% of these spaces are now let.

There will be 11 restaurants in the building’s food quarter and all of these are let.

Loft Co managing director Simon Baston said:

“We’re delighted to have so many businesses already on board ahead of our March opening. The development has been received in the most positive manner by the private and public sector.

“Working in partnership with Newport City Council and Welsh Government, everything is to programme and as a company we simply cannot wait to welcome the first customers into the building to experience what we feel will be a market for the 21st century.”

Newport Market will also be an events and music venue for up to 250 people – including sports games nights on Wednesdays, a Thursday night comedy club, and live music on Fridays.

Mr Baston said:

“We will be able to offer a superb area for weddings, anniversaries, birthday parties, or business conferences and conventions.

“We hope our events spaces will be widely used by groups from across the community of Newport.

“We welcome all groups of every size to the market and look forward to tailoring bespoke facilities for each and every function.”

Details of events packages and how to book a space will be available in the new year on the Newport Market website.

Loft Co expect an annual footfall in excess of 1.5 million – making the ultra-low carbon footprint market, which will also feature a gym and rooftop garden, one of the most-visited historic buildings in Newport and the surrounding area.

Based in the centre of Newport with easy access to rail and bus transport hubs, the new-look market building will be open seven days a week.

To reserve one of the remaining retail or office spaces, or receive more information about the development in general, please contact [email protected] or browse the brochures available on the Newport Market website – www.newport-market.co.uk