Built Environment Networking Blog: North East News

Newcastle: A city of longevity

2.1 billion people are projected to be over 60 by 2030, and nearly 70% of the world’s population live in cities – there are huge global growth and investment opportunities arising from longevity economies, encompassing all sectors as powerful engines for economic recovery and growth – including sustainable living and work places, education, care, sport, […]

Posted by: Mya Driver

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Northumberland Estates disposes of Quorum Retail Parade

Avison Young acting on behalf of a private investor has secured the purchase of the ground floor retail parade at Dukes Walk, Quorum Business Park, Newcastle from Northumberland Estates Ltd. The fully let retail parade extends to 9,892sq ft and comprises five multi let units occupied by local and national covenants, including Greggs PLC, Bento […]

Posted by: Mya Driver

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Overseas Family Office Acquires Portrack Retail Park for £6.35m

Portrack Retail Park, located off Portrack Lane in Stockton, has been acquired for a sum of £6.35 million. The park, which spans 65,235 sq ft and houses six fully-let retail, warehouse, and trade counter properties, was purchased by an overseas family office. The deal was facilitated by Knight Frank and JLL, who represented UK Land […]

Posted by: Mya Driver

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Packaged Living BtR scheme in Newcastle gets planning approval

This week, following a planning application from Packaged Living, Newcastle City Council approved plans for a 289-unit residential scheme on Newcastle’s Quayside. The impressive new development will sit on a 1.5-acre site alongside the river and will include significant amenity space, commercial space, and on-site car parking for residents. Quayside 12 has environmental and residents’ […]

Posted by: Leon Newton

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Pioneering County Durham’s economic future: introducing the Investment Framework

The County Durham Investment Framework – a comprehensive document that outlines the compelling investment opportunities across the county, while providing a clear vision for potential investors – will be unveiled at UKREiiF. Commissioned by Durham County Council and developed in collaboration with Metro Dynamics, the Investment Framework offers a structured approach to evaluating an array […]

Posted by: Mya Driver

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Places for People Embarks on Ambitious Multi-Million-Pound Property Revamp

Places for People, a prominent social housing organisation, has unveiled plans for an extensive property refurbishment project worth millions of pounds. The initiative, which spans four years, will focus on enhancing the organisation’s portfolio in the North East. The organisation, which boasts a wide range of rental properties across the region, is committed to delivering […]

Posted by: Mya Driver

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Plan for sustainable aviation fuel plant announced for Tees Valley

Proposals for the first sustainable aviation fuel refinery of its kind in the North East have announced for the Tees Valley. Global aviation services group and aircraft leasing firm Willis Lease Finance Corporation (WLFC) and its subsidiary Willis Sustainable Fuels (UK) Limited are advancing plans for a commercial scale Sustainable Aviation Fuel (SAF) facility on […]

Posted by: Mya Driver

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Planning consent obtained on key Darlington industrial development site

Privately-owned Co Durham-based property development company, Premcor Estates (Premcor) has obtained planning consent for three industrial/distribution units, with a combined floor area of 402,000 sq ft of office and industrial space at its 24-acre ‘Fabric Darlington’ (Fabric) site. Immediately adjacent to the Amazon fulfilment and distribution centre, Fabric occupies a highly visible position on Tornado […]

Posted by: Mya Driver

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Planning permission granted to develop Europe’s largest Lithium Hydroxide Refinery in Teesside

Alkemy Capital Investments plc is pleased to announce that its wholly owned subsidiary Tees Valley Lithium Ltd has received full planning permission to build Europe’s largest lithium hydroxide refinery at Teesside, UK, to supply the burgeoning electric vehicle battery industry. Following detailed studies, which included the completion of an Environmental Impact Assessment (EIA), TVL has received full planning […]

Posted by: Mya Driver

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Planning powers transfer to Middlesbrough and Hartlepool Mayoral Development Corporations 

Planning powers have officially transferred to Mayoral Development Corporations in Hartlepool and Middlesbrough today (1 June). Legislation was officially laid before Parliament for the towns’ respective Mayoral Development Corporations (MDCs) in February. Now the two MDCs have received powers to act as the determining authorities for planning applications submitted in the areas bound by the […]

Posted by: Mya Driver

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