Ambitious New Town the size of St Ives planned on the outskirts of Truro

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Cornwall Council has revealed ambitious plans to kick-start developments that could see 3,900 brand new homes built by 2030, housing a population over half the size of Truro.Under its plans, the council would create a new plan for the entire area to make it more cohesive and of a better quality along with the required infrastructure.

A new urban centre is proposed with shops, services and facilities, along with two local centres.Cornwall Council’s Cabinet report states:

"Truro has a strong economy, and the focus of this development is to provide homes. Building a new town, however, gives an opportunity to grow jobs alongside homes.”

“Over the next 15 to 20 years we will see a place the size of Liskeard, Launceston or St Ives being built as a series of housing estates led by speculative developers, housebuilders and their financiers.”

The total cost identified in the report for the council’s intervention projects is estimated to be £94.5m.

This breaks down as follows:

-£300,000 for an urban design strategy and design code
-£2m for modifications to A390 and already approved crossings
-£30m for the northern access road
-£20m (plus development costs) for land acquisition at phases one and two Langarth Farm
-£20m land acquisition at Maiden Green
-£10m land acquisition at West Langarth
-£5m for a primary school
-£200,000 for playing fields at Threemilestone
-£5m for other public infrastructure

The Cabinet report further states the councils aims to use the £94.5m of public funds to kickstart the investment of private developers:

“By providing infrastructure that developers would otherwise have to fund at the outset of development, Council investment will also help to unlock private sector development of the area. This will support the achievement of the Council’s ambition to deliver 1,000 homes in Truro over the next four years, and 3,900 new homes between 2010 and 2030.”