Developer plans Gateshead PRS flats
Newcastle developer High Street Residential has taken ownership of the former Brett Oils depot on Gateshead Quayside.
It plans to build a development of approximately 250 apartments for the private rented sector (PRS).
High Street Residential is currently building Newcastle’s tallest building, the 27-storey Hadrian’s Tower, on the north side of the River Tyne. It is now in talks with Gateshead Council about its plans for the south bank and a formal application is expected to be lodged soon.
The developer also hopes to acquire a third Tyneside site on Pottery Lane, next to the Newcastle Metro Radio Arena, for a further development of 250 flats.