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Stadium for Cornwall plans "alive and kicking" - supermarket could fund project

By WBMiles  |  Posted: January 21, 2014

Stadium1January2014

Latest plans for the stadium for Cornwall development on the edge of Truro.

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Plans for a stadium for Cornwall are "alive and kicking" and could be financed by revenue from a supermarket on adjoining land, it has been announced.

New proposals for a retail site next to the stadium at Threemilestone have been released which developers claim “inject commercial reality into the process”.

Plans for the stadium appeared to have gone cold as no financial backer was forthcoming and Cornwall Council voted against investing public money into the project.

Inox Group has already got planning permission for the stadium and 1,500 homes on land at Langarth near Truro’s park-and-ride.

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The company said it had now secured an option on an additional 35 acres of land adjoining Langarth Farm and had instructed commercial property agents to market the site to potential end users, including supermarket operators.

Subject to planning, the company said it aimed to create a commercial scheme that could bankroll not just the construction of the multi million pound stadium but provide long term revenue streams to help meet running costs.

This could include a supermarket, petrol station, cycle track, sports pitches, leisure facilities and some housing, with net proceeds being ploughed into the stadium project.

Inox Managing Director Rob Saltmarsh said: “In 2010 Inox committed to assisting with the delivery of the Stadium for Cornwall by securing planning permission and providing the land for the stadium – this we have now done. Given the continued pressure on the public purse we have now further committed to try and source private funding for what we believe is an incredible project that would be a major asset for the whole of Cornwall.”

Mr Saltmarsh said his company would now seek to gain planning permission for the new proposals which would help to fund the stadium.

He said: “Other areas of funding have been exhausted over the past few years and although I am sure there will be both critics and supporters of this approach, the blunt reality is that without public funding we have no other option but to pursue commercial funding avenues that we are advised have the potential to generate the millions required to make this project happen.

“If the stadium is ever going to happen, then some commercial reality needs to be injected into this process.”

Mr Saltmarsh said the funding options would be a lot clearer in the coming weeks and if positive Inox would look to hold discussions with Cornwall Council and potential stadium tenants the Cornish Pirates RFC, Truro City FC and Truro and Penwith College, with the aim of submitting an enabling development planning application in the spring of 2014.

Peter Marks, chairman of the Stadium 4 Cornwall (S4C) group, said he welcomed the Inox initiative. He said: “The previous full Council voted against the use of public monies to help fund the community stadium and it was made clear that the private sector needed to find a solution.

“This latest news shows the stadium project is alive and kicking and a potential private funding solution is possible, but for the enabling development to happen, the support of Cornwall Council will be required.

“It remains the view of S4C and thousands of people in Cornwall that a community stadium must be a top priority for Cornwall.”

Dicky Evans, Cornish Pirates chairman, said: “Despite the delays and hurdles in the way over the last few years, the Cornish Pirates are pleased to confirm that they remain fully committed to supporting the proposed Stadium for Cornwall at Langarth, Truro.

“Without such a facility the Pirates are unable to move forward in their quest to improve sporting standards in Cornwall and especially on the rugby field.

“It is galling to see local players continue to move out of Cornwall to improve their prospects of top class rugby and this talent drain can only be halted by the provision of such a facility.”

Last week Truro City Football Club indicated its ongoing desire to move to a stadium site to make way for the development of Treyew Road.

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5 comments

  • Stonefly66  |  May 18 2014, 12:07AM

    Hey, a supermarket! Great idea - we're a bit short of those!

  • EllyM  |  January 26 2014, 9:45AM

    Surely a more suitable site for this would be the Cornwall Showground which already has the infrastructure in place to accommodate 100,000 people and their vehicles. I agree with 'jenesaispas', the pollution along the A390 Highertown has been measured as being worse than areas of central London and yet the Council policy seems to be to increase traffic along this road with extensive developments planned. The road infrastructure needs to be addressed as a matter of urgency before any further development is carried out or considered.

  • dtreth  |  January 22 2014, 5:58PM

    Having track cycling in Cornwall would be great, are we talking an outdoor track or a velodrome here. We've already got Chris Opie of Truro on the road cycling, it would be great if we could start developing track as well.

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  • jenesaispas  |  January 22 2014, 12:59PM

    Whilst many people would benefit from having such a stadium and another supermarket, the impact on the surrounding roads (A390), where traffic's already crawling along at 10/15 mph for large parts of the day, will be horrendous. Where are all these extra cars going to go? Just how slowly do the council want us to drive? This is in addition to four new housing estates expected to be built in and around Truro. It's just crazy - the roads will not cope. The rape of Truro continues apace.

    |   2
  • JeremyBadger  |  January 21 2014, 9:15PM

    Will this retail development not affect trade in St Austell? Perhaps we should all go to the planning committee and register our concerns!

    |   6

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