A planning application for the first phase of a new office and light industrial development adjacent to Port Talbot Parkway train station has been submitted to Neath Port Talbot Council by Guinevere Holdings, a subsidiary of property investment and development company Richard Hayward Properties (RHP).
The 6-acre former factory site in Cramic Way has been opened up as a result of the completion of Harbour Way, the new A4241 Southern By-Pass, which provides a direct dual carriageway link to the M4. The site also benefits from its close proximity to Port Talbot’s train station – which is itself currently undergoing a multi-million pound improvement programme.
Subject to planning consent, Phase 1 of the Cramic Way redevelopment will comprise a total of up to almost 52,000 sq ft in three buildings, providing 27 units ranging from 1,250 sq ft to 3,000 sq ft and suitable for offices, research & development, studies, high-tech and light industry. There will also be parking for 110 cars.
The aim is to bring established businesses to the area and encourage a new generation of start-ups.
The three buildings have been designed by Cardiff-based architects Downs Merrifield in a sustainable (to 2014 BREEAM excellent standards), contemporary style that uses strong, standout colours and unexpected angles to create a varied and vibrant environment that will create a dynamic development with a sense of individuality to each of the units. The project should act as a catalyst for further regeneration of the Port Talbot Docks area.
Richard Hayward, principal of Richard Hayward Properties, said: “This is a fantastic development opportunity benefitting from the new road link and other regeneration in the area including the Justice Centre, the Harbourside Research & Development Campus and, most recently, the start of the station transformation. The project will serve to further enliven and boost Port Talbot’s economy.”
It is hoped that planning consent will be granted before the end of the year, with a start on site penciled in for early 2015.
Letting agents for the scheme are Swansea-based Lambert Smith Hampton.