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The first step towards a successful Freeport: revitalising Prosperity Parc

October 2023

STENA LINE has taken the first step to redeveloping the old Anglesey Aluminium site – now renamed Prosperity Parc – by submitting a demolition notice for the derelict buildings currently on the site.

Prosperity Parc – formerly home to Anglesey Aluminium which closed down over a decade ago – has stood derelict since 2013. The submission of the demolition notice is the first step towards redeveloping the site for the future, serving as an ideal location for new investment and the development of modern industries.

The site, which is owned by Stena Line, is designated as one of the specific customs and tax sites within the Freeport and represents a prime opportunity for new businesses looking to invest in the island.

The plans to demolish existing infrastructure on Prosperity Parc and prepare it for future business investment is testament to the levels of ambition for progressing with Anglesey Freeport – which is forecast to deliver up to 13,000 jobs across North Wales and add £1bn to UK GVA by 2030.

As the demolition notice states, this is part of a carefully planned and environmentally responsible development process. Planning will prioritise local businesses for the role of ground clearance and demolition, ensuring that local people can benefit from Anglesey Freeport from day one.

The demolition notice has been submitted to the Isle of Anglesey County Council, and, should it be approved, the demolition of the site will begin shortly afterwards.

Ian Davies, Head of UK Port Authorities at Stena Line, said:
“This is a monumental moment for us and for the whole of Anglesey. As a business who has operated on Anglesey for over 30 years, Stena Line is committed to delivering greater economic prosperity for everyone across the island. When we bought the Aluminium site last year, we were determined to bring it back to life and ensure it provided the jobs and opportunities for people across the Island. The announcement today is the first step in that redevelopment process that we hope will bring new business investment to Anglesey.”

Anglesey Aluminium site – now renamed Prosperity Parc

Isle of Anglesey County Council Leader and Economic Development portfolio holder, Councillor Llinos Medi, said:
“We welcome the application for the demolition of buildings on the former Anglesey Aluminium site, and this will be processed through our statutory processes.”

“This application serves as a line in the sand in respect of the old Anglesey Aluminium site and – through our close collaboration with Stena Line on Anglesey Freeports – heralds as a new start in terms of significant job creation.”

She added, “We will continue working with Stena Line to ensure we can maximise the opportunities for the businesses and residents of Anglesey.”

Member of Parliament for Ynys Mon Virginia Crosbie said:
“This is the starting gun for the huge opportunity that is Ynys Mon’s Freeport.  After working for so many years to secure it, now seeing it progress is a great moment.  Derelict land back into use, investment, jobs and progress is what islanders want to see and this is now happening. I am particularly pleased Stena has committed to a local first hiring policy right at the start of the process. We need those jobs, we need those opportunities for everyone on the island and I commend the company for this approach.”

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