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St Modwen Wins Llanwern Steelworks Site

LONDON-Regeneration specialist St Modwen Properties has cemented its long-term relationship with the Anglo-Dutch steel giant Corus by taking a 600-acre regeneration site at the former Llanwern steelworks near Newport, South Wales.

By Graham Parker | Updated on February 19, 2004

LONDON-St Modwen Properties has struck a deal with the steel maker Corus to take over 600 acres of the former Llanwern steelworks near Newport, South Wales. This is the fifth major land deal between St Modwen and Corus, which will retain a further 1,500 acres at Llanwern, which includes the operational steelworks.

The site has already been allocated by the local authority for redevelopment with 1,700 dwellings and a mix of business, commercial, leisure and community uses. The plan has the support of Newport Council and the Welsh National Assembly.

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