commercialproperty
The Orb has been designed to set further enhance the attraction of the George Street: facts
the standard for building development area, as a part of a 10-year Town • George Street Bridge was the first
in the area and will feature fully Heritage Initiative (THI) plan funded cable-stayed bridge in the UK. It was
accessible raised flooring, energy by the Heritage Lottery Fund. Twenty opened onApril 9, 1964 and is Grade
efficient air conditioning systems, four properties are currently being II.
lifts, CCTV and quality finishes improved under Phase II of the THI
including a Welsh slate tiled feature from funding from the Heritage • £200m is being spent on the
entrance and a full height atrium. Lottery Fund, CADW, the Physical redevelopment of George Street and
GVAGrimley has been appointed Regeneration Fund and Newport the Old Town Docks area.
as sole letting agents for the Unlimited.
premises and will promote the Newport Unlimited’s John • The George Street area forms part
property to major corporate occupiers Burrows said: “The George Street of the CentralArea Master Plan. This
from across the UK. development will create an will also see a revived retail centre; a
Stuart Ramsey, head of office impressive gateway as people enter cultural left bank district playing home
agency and development in Wales at the city from the new southern to the arts and education; improved
GVAGrimley, said: “The Orb is to be distributor road. Considerable time transport systems including new
marketed as a first-class has been spent planning roads and the renovation of the
headquarters office building targeted improvements to the area, and it is railway station; new housing
specifically at potential private sector expected that the commercial developments and the creation of
occupiers seeking to relocate or developments we are now seeing riverside walkways and green public
expand with new headquarters in take shape will set a benchmark in spaces.
Wales.” terms of design for new buildings in
Proposals have also recently the city centre. •Additional office developments can
been submitted for the inclusion of a “We are very pleased with the be found around Junction 28 of the
new 32,000 sq ft Magistrates Court level of interest from large national M4, especially the 50 hectares (125
and Probation service to be located companies in situating in the George acres) of land adjacent to the LG site
in the area. Street area, and expect the new which is being turned into an area
Meanwhile, significant investment office spaces being created to let and dedicated to office and light industrial
is being made in existing buildings sell quickly in the coming months.” uses.
around lower dock street, which will
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