One Founders Place Seeks Pre-Let Partner for £137m Development in Stephenson Quarter Sep 5, 2024 A 100,000 sq. ft landmark office development in Newcastle upon Tyne’s heritage-rich Stephenson Quarter has been renamed to One Founders Place, aiming to reflect its gateway position in the area’s £137m regeneration. The development team is now seeking a pre-let partner that aligns with the project’s values and ambitions to create a planet-positive office space […] Posted by: Mya Driver Read more
Overseas Family Office Acquires Portrack Retail Park for £6.35m Sep 13, 2023 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 Read more
Packaged Living BtR scheme in Newcastle gets planning approval May 24, 2022 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 Read more
Pioneering County Durham’s economic future: introducing the Investment Framework Mar 8, 2024 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 Read more
Places for People Embarks on Ambitious Multi-Million-Pound Property Revamp Jul 26, 2023 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 Read more
Plan for sustainable aviation fuel plant announced for Tees Valley Jul 17, 2023 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 Read more
Planning consent obtained on key Darlington industrial development site Feb 8, 2023 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 Read more
Planning permission granted to develop Europe’s largest Lithium Hydroxide Refinery in Teesside Nov 25, 2022 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 Read more
Planning powers transfer to Middlesbrough and Hartlepool Mayoral Development Corporations Jun 1, 2023 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 Read more
Plans agreed for transformation of Middlesbrough town centre Jul 20, 2023 The bright new vision for Middlesbrough’s future has been signed off by the town’s Development Corporation Board. During its meeting, the Board was asked to approve the Masterplan for the Middlesbrough Development Corporation, which aims to make the area “Bold, Industrious & Open for Business; Middlesbrough, reinvented as a great place for everyone.” Created with […] Posted by: Mya Driver Read more
Plans revealed for £200m business park in Teesside Feb 8, 2022 Details have been unveiled for a £200 million business park set to be built on the south side of Teesside Airport. The first phase will see the creation of four new units along a new through road, with construction due to begin within weeks. The business park is expected to create up to 4,400 jobs when […] Posted by: Mya Driver Read more
Principal acquires life sciences asset in North England Oct 14, 2024 Principal Asset Management has successfully acquired a life sciences facility in Alnwick, Northumberland, for its Log In fund, which focuses on life sciences and innovation properties. The 16,000 square meter property was secured through a sale-and-leaseback transaction, though the specific purchase price remains undisclosed. This acquisition reflects Principal’s strategic focus on the expanding life sciences […] Posted by: Mya Driver Read more
