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
Property transaction secured for retail property in the North East Jul 18, 2022 Avison Young acting on behalf of a private purchaser has secured the investment purchase of a well let retail property in Hexham, which also offers redevelopment potential of the vacant upper floors at 20-22 Priestpopple. The freehold property which is situated on the north side of Priestpopple adjoins the former Royal Hotel which has recently […] Posted by: Mya Driver Read more
Railpen to fund development of new mental health facility in Sunderland Oct 21, 2022 Railpen has announced it is to fund the redevelopment and extension of an existing mental health facility in Sunderland for the Cumbria, Northumberland, Tyne and Wear NHS Foundation Trust. Railpen, one of the largest pension managers in the UK, has announced it is to fund the redevelopment and extension of an existing mental health facility […] Posted by: Mya Driver Read more
Revealed: The 20 English Towns and Cities to get 11,500 New Homes Feb 14, 2024 The government has announced the 20 towns and cities poised to benefit from the construction of 11,500 new homes. This initiative aims to provide a substantial boost to housing availability, targeting previously developed brownfield sites to accommodate this significant increase. The strategy not only seeks to make home ownership more attainable for younger buyers but […] Posted by: Mya Driver Read more
Rolls Royce shortlists six sites for nuclear reactor factory Jul 5, 2022 Rolls-Royce has moved forward in their bid to develop new Small Modular Reactors (SMRs) across the UK by highlighting six locations where they may look to develop a new factory which builds nuclear reactors. The UK Government is looking to build 16 SMRs in the next 25 years – as the Government looks to enhance […] Posted by: Mya Driver Read more
Supermarket Income REIT acquires two further grocery stores Jan 5, 2022 UKREiiF attendee Supermarket Income REIT, the real estate investment trust providing secure, inflation-protected, long income from grocery property in the UK, announces the acquisition of two supermarkets, a Sainsbury’s in Washington, Tyne and Wear, and an Asda in Cwmbran, South Wales, for a total purchase price of £55.1 million (excluding acquisition costs), reflecting a combined […] Posted by: Mya Driver Read more
Tees valley to be revealed as investment zone by chancellor Sep 23, 2022 The Tees Valley is set to become one of the first areas in the UK to pilot new economy-boosting Investment Zones designed to boost growth. The Chancellor of the Exchequer Kwasi Kwarteng is expected to make the announcement in the Government’s Growth Plan. Middlesbrough and Hartlepool are set be the first two areas put forward by the […] Posted by: Mya Driver Read more
Teesside hailed: “UK’s clean energy powerhouse” as £3billion of Net Zero projects given go-ahead Mar 30, 2023 Net Zero Teesside will become the world’s first gas-fired power plant with carbon capture and storage facilities, producing up to 860 megawatts of electricity – enough to power around 1.3million homes per year. Up to two million tonnes of CO2 emissions from the power station will be captured per year and transported offshore for storage. […] Posted by: Mya Driver Read more
Tilbury Douglas renews place on the NEPO Framework Jun 13, 2023 Tilbury Douglas has renewed its place on procurement group NEPO’s next-generation construction framework, which works with councils and public bodies. Tilbury Douglas has been appointed onto four lots: NEPO’s procurement solutions are the result of extensive consultation with the public sector, suppliers and end users, so that it delivers positive outcomes for the communities it […] Posted by: Mya Driver Read more
Town centre redevelopment plan set for huge step forward Jun 2, 2023 A multi-million project to regenerate part of Newcastle town centre is poised to take a huge step forward. Newcastle-under-Lyme Borough Council’s Cabinet will be asked next week to approve a series of measures which will pave the way for the redevelopment of York Place with public open space, shops and offices, begin work on the […] Posted by: Mya Driver Read more
UK Land Estates to Invest £50m in New Industrial Developments Across the North East Nov 20, 2023 UK Land Estates, a prominent commercial landlord and developer, has announced ambitious plans to create over 400,000 sqft of new industrial property across the North East, representing a significant investment of £50m. The company has submitted five applications for speculative new build industrial developments on greenfield sites, with construction expected to commence in 2025. The […] Posted by: Mya Driver Read more
