Just short of £1M is being invested by the Welsh Government into the construction of a Riverside Venue in Newtown through the Transforming Towns Fund and the National Lottery Community Fund.
To be specific, the project to deliver a new Riverside Venue in Newtown has cost a total sum of £1.5M and will entail the construction of a two-storey building on the former site of Radio Hafren in the main car parking area of Newtown, with the Transforming Towns Fund amounting to £950,000.
The Deputy Minister for Housing and Local Government in Wales, Hannah Blythyn stated: “The Welsh Government wants to Transform Towns across Wales and I’m really pleased the Welsh Government is supporting this new and exciting Riverside Venue development in Newtown with a £950,000 investment. This demonstrates our firm commitment to investing in mid Wales.
“The building will offer something different to Newtown, and provide a sustainable space where people can meet, congregate, relax, enjoy their surroundings, and be entertained. Its location is key in supporting the town centre, as it is conveniently located between the town and open green spaces and will provide a link between the two.
“This project will add value to the wider work being undertaken to regenerate and revitalise the town, and it is great to see such a wide range of delivery partners and funders involved in the project.”
The Open Newtown Chairman, Owen Durbridge added: “This exciting new development will see a transformation of a dilapidated building, turning it in to a sustainable, modern, fully accessible, mixed-use facility,
“The building will act as a gateway to Newtown’s green spaces and provide a tourism function for the town and wider Mid Wales. It will offer complementary services to Newtown’s current offerings, increase visitors and enable the town to capture more local spend.”
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