Work begins on £41m Quayside mixed-use regeneration scheme
Work has commenced on a new regeneration project on the banks of the River Tyne which will create 269 new homes.
The High Street Group has begun work on the £41m Brett Wharf development on Gateshead’s quayside with the demolition of a former industrial site.
Demolition of the oil depot near the Swing Bridge is underway in preparation for the development, which will comprise 269 new apartments as well as commercial space.
In addition to a mix of one and two-bedroom apartments, the 1.5 acre development will also feature office space, cafes and restaurants as well as leisure units and parking.
The scheme is expected to take two years to complete, with construction expected to commence later this year.
Gary Forrest, chairman of The High Street Group, commented: “Brett Wharf will create a new community on the banks of the River Tyne for professionals and meet the growing demand for high quality, future-proofed homes close to the centre of both Gateshead and Newcastle.
“Mixed use developments like Brett Wharf provide a real opportunity to create vibrant destinations that offers world-class apartments, workspaces and hospitality venues for both residents and the local community to enjoy, adding economic and social value to the area.”
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