In 2018, Newport City Council secured funding from National Lottery Heritage Fund, Townscape Heritage, to restore and regenerate the city's Market Arcade.

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The Victorian grade II listed structure is Newport’s oldest surviving arcade, the second oldest in Wales and the13th oldest in the UK. 

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Locked in a spiral of decay and decline, the future of one of Newport's key heritage assets was under threat. 

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The restoration project aims to reconnect owners, traders and the people of Newport with the historic significance of the arcade and its role in the growth of of the city.  

The arcade will be redefined as a vibrant and viable commercial attraction within the city’s conservation area.