The reasons for
replacing the Newport Centre are set out in previous Cabinet
reports. The £9.1m referenced by
Cllr Howells would only deal with maintenance issues and would not
address current energy and accessibility requirements. Addressing such issues would necessitate
significant, additional costs associated with a full redesign of
the existing building.
I would also remind
Cllr Howells that this project is not wholly funded by the
Council. The development is also
supported by a mix of Welsh Government grant, and savings derived
as a result of delivering a more
efficient operation, both of which would not be available for
refurbishing the current site.
Cllr Howells will also
be aware that this development is a capital not revenue project,
therefore stopping the project would not significantly assist with
the Council’s challenging medium-term revenue
position.
Finally, the leisure
centre project is also part of a wider vision for the city, which
facilitates the relocation of Coleg Gwent’s campus into the
City Centre, bringing footfall to support our retail and leisure
businesses.
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