Approval for 'landmark' £200 million scheme

A “landmark” £200 million hospitality and residential scheme has been approved.

Middlesbrough Development Corporation planners have backed a blueprint to create a hotel, homes and student accommodation in the town’s Gresham area.

Bosses say the venture – set for derelict land – represents “one of the largest single investments in Middlesbrough town centre in a generation.”

Set to feature a 200-bed Fairfield by Marriott hotel, the development will also include 240 build-to-rent properties and lodgings for more than 400 students.

The endeavour is led by Middlesbrough Development Corporation alongside developers iMpeC and Buccleuch Property.   

Neil McMillan, iMpeC director, said: “This is essential for the town’s future prosperity and for supporting the growth of local businesses.

“The Gresham project has the potential to play a transformative role in shaping Middlesbrough’s future success.”

Tees Valley mayor Ben Houchen added: “This is a landmark project for Middlesbrough and will play a vital role in helping us deliver on our ambition to make the town centre a great place to live, work and relax.”

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