Newcastle/Gateshead Development Plans
Exciting new development plans for Newcastle and Gateshead are revealed
A potential hotel at Helix, hotel acquisitions and a major operator coming to Gateshead were among the announcements.
Construction and property leaders have put on a display of bullish ambition and confidence at an event shining a light on major developments set to transform the North East.
The North East Development Plans conference, hosted by Built Environment Networking, saw almost 200 professionals come together at St James’s Park in Newcastle to hear how plans are moving forward on a number of key schemes, including Newcastle Helix, Durham’s Milburngate and Gateshead Quays and Baltic Quarter.
The event marks one of the region’s biggest business events in the construction sector calendar and saw some of the region’s leading civic and business leaders updating delegates on development and regeneration plans which are set to transform the region.
And they revealed a number of potential plans – including a hotel at Helix and a new industrial park in Gateshead – to an audience packed with people from regional and national firms.
Speakers included Gateshead Council, The High Street Group, Newcastle University, iMpeC, Cadzow Estates and NEPO (North East Procurement Organisation).
Keith McDougall, residential operations director at High Street Group, outlined a package of developments to come within the group’s residential and hospitality divisions.
The firm is well known for the skycraper Hadrian’s Tower, the prominent private rented sector building under construction in Newcastle city centre, and this year it will seek planning approval for two housing schemes either side of the Tyne, at Brett Wharf in Gateshead and Pottery Lane in Newcastle, which will create hundreds of new homes.
Mr McDougall told how the group in working on rental properties worth more than £900m and also has plans to grow its hospitality firm to up to 20 hotels over the next few years, having recently made new acquisitions in Yarm, South Shields and Durham city centre.
He said: “We need people to get on board with the journey we are going on. We need a whole supply chain to help us deliver our visions. It’s an exciting time for the group.”
Iain Garfield, acting director of estates for Newcastle University, issued a progress report on Helix, the partnership between the university, Newcastle City Council and Legal and General to transform the 24-acre former brewery site with world class tech and science businesses, residential plots and the potential for 4,000 jobs.
Legal and General are currently constructing 100,000sqft Grade A office block Lumen with plans for a second office building and Mr Garfield also revealed other plans, saying: “They also have plans for a hotel within the site and potentially some PRS.”
And Gateshead council leader Coun Martin Gannon – who spoke about progress at the Proto technology centre, and Gateshead Quays, where it is hoped the grand conference and events centre will be open by 2023 – also revealed that the Follingsby Park industrial park is being prepared for a major operator looking to move in and take up 1m sqft of space.
He said: “Over the next 20 years, we’re determined to continue to transform Gateshead. We live through challenging times but all the North East authorities have an incredible track record of achievement and we are ambitious for the future.
“This is also about building new homes for people who want to live in Gateshead and are increasingly having to move out of the area. Austerity is not a way to grow this economy. We need to invest to get ourselves out of this.”
Keith Griffiths, managing director at Built Environment Networking, added: “We’re extremely pleased to once again be at the forefront of industry leading events in the North East.”