Middlesbrough commercial regeneration set to take off in 2019
The regeneration of commercial space in the town’s Centre Square is gathering momentum with the first properties expected to be completed this summer.
Stephen Brown, senior partner at local property agency Dodds Brown, explained: “The construction of 200,000 sq ft of grade A office accommodation in Centre Square is well underway, with the first two buildings which are expected to be completed in August.”
The square, situated next to the Cleveland Centre and the Middlesbrough Institute of Modern Art (MIMA), has already become home to Holiday Inn Express, Turtle Bay, Bistrot Pierre and the refurbished Town Hall, with the redevelopment forming part of a larger plan to regenerate the town.
Other planned developments include the TeesAMP Advanced Manufacturing Park on the outskirts of the town and the Albert North initiative to redevelop part of Albert Road as a key route to the railway station, complementing the ongoing multi-million pound rail refurbishment to bring direct London trains to Middlesbrough by 2020.
Speaking about Middlesbrough’s regeneration, Stephen said: “It may be hard to believe but there is a real shortage of quality office and business accommodation across the area.
“The TeesAMP and the Centre Square developments are putting Middlesbrough on the map as an attractive and modern business location, not just somewhere to be serviced from places such as Leeds or Newcastle.”
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