The Council has secured £2.58m of European funding towards the creation of a quality modern business unit on the former Coed Ely colliery site – which was confirmed in an announcement by Welsh Government today.
Counsel General and Brexit Minister Jeremy Miles, the Minister responsible for EU funding in Wales, made the announcement on Wednesday, October 9. It will be used to build a 30,000 sq ft business unit with offices on a 2.15-acre plot on the Middle Plateau of the wider 15-hectare site. The land is owned by Welsh Government and is identified for development in the Local Development Plan.
Rhondda Cynon Taf Council will lead this development, working in partnership with Welsh Government. Both partners are investing £675,000 in addition to the EU funding announced today – bringing the total package to £3.93m.
The project will help develop much-needed modern business accommodation in Coed Ely, to complement the ongoing investment in the A4119 Corridor and Rhondda Gateway – identified by RCT Cabinet Members as a Strategic Opportunity Area with large potential for economic growth and development.
Works to deliver the modern business unit in Coed Ely is scheduled to begin in the coming weeks, following the appointment of a contractor. The project is scheduled for completion during autumn 2020.
Councillor Robert Bevan, Rhondda Cynon Taf Council’s Cabinet Member for Enterprise, Development and Housing, said: “I’m delighted by Welsh Government’s announcement today, as the Council welcomes this substantial £2.58m funding to revitalise a large element of the former Coed Ely colliery site. The land is an example of a strategic location in need of development, and it is critical the Council delivers economic growth by unlocking such sites.
“The modern business unit will target large companies which can create quality and permanent job opportunities – and the project is therefore an example of this Council delivering on its ambitions for the County Borough, by encouraging business and economic development in areas of strategic importance – identified by Cabinet previously as Strategic Opportunity Areas.
“The Council is also making good progress in its aim to deliver a major Highways project a stone’s throw from the colliery site in Coedely – the future A4119 dualling between Coedely and Ynysmaerdy – which will greatly improve traffic flow at peak travel periods. In September 2019, Cabinet allocated a further £1m towards the dualling scheme, for further design and survey work – bringing the total funding for this scheme to £4.7m.
“The former colliery site in Coed Ely is owned by Welsh Government, and residents may have noticed recent ongoing activity by a Welsh Government-appointed contractor to carry out infrastructure works on the wider site. The Council-led scheme will occupy one of three identified areas of the site, and works are scheduled to commence in the coming weeks.”
Counsel General and Brexit Minister Jeremy Miles added: “The Coed Ely business development will sit at the gateway to the Rhondda Valleys, serving the regional economy by providing modern industrial units for new and existing businesses and secure long term jobs for local residents, while stimulating growth in the priority Rhondda Cynon Taf area.
“This new project will help to address the impact of losing a large employment site in the area. It will attract new light industrial businesses to the Rhondda Valleys, and provide much needed, well-appointed facilities which will encourage local SMEs to expand and improve productivity. It will also create new long term secure jobs, ultimately giving local residents options and the opportunity to move off benefits and into the labour market.
“The Welsh Government is committed to making Wales a more prosperous and secure place to live and work. EU funds are supporting the people of Wales at ground level, and this project will create local opportunities which can make a real difference to the lives of people living in Rhondda Cynon Taf, and help to future-proof the regional economy in very real terms.”