365 home South Shields riverside development reaches next stage
A riverside project to transform disused docks in Tyneside has reached the next stage of its development.
South Tyneside Council’s cabinet has approved the appointment of a residential development partner to help realise its plan to transform disused docks and brownfield land at Holborn into a living, working and entertainment quarter.
Keepmoat, working in partnership with Cussins, has been appointed as the development partner to deliver 365 homes on the multi-million-pound development.
The development, on a brownfield site, will provide family houses and apartments, and the associated infrastructure will be delivered in phases across the Holborn site.
The scheme has secured £4.2m of grant funding from the Homes England Local Authority Accelerated Construction fund, as well as £9.4m from the North East Local Enterprise Partnership (LEP) for the delivery of a future phase of office accommodation.
Councillor Iain Malcolm, leader of South Tyneside Council, commented: “This is a real milestone and we are delighted to welcome Keepmoat and Cussins on board to deliver the residential element of our ambitious plans.
“The Holborn masterplan is set to transform disused docks into a bustling riverside quarter, delivering hundreds of new homes and new office space that will help create hundreds of new jobs.
“The Holborn area has been largely derelict for many years and this mixed-use development will transform disused, industrial land into a desirable location for businesses, residents and visitors and further strengthen the link between the riverside and the town centre.
“High quality family homes, office space, a hotel and a cultural offer and will complement the significant investment that has already gone into the wider riverside area, further building a sustainable future for South Shields.
“This challenging but exciting project is gathering pace. There has been a lot of work going on behind the scenes to acquire the land and properties needed to allow the regeneration to progress.
“In parallel with appointing a residential partner, we are working on bringing a remediation contractor on board to maximise the potential of this unique site.
“Together, they will help inform the remediation works and refine the final designs for the site.”
Keepmoat Homes’ regional managing director, Ian Worgan, said: “We are looking forward to working in collaboration with the council officers and members to continue our involvement with the regeneration of this part of South Shields and to delivering our part of this exciting and technically challenging scheme, which will bring more quality family homes to the riverside location.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.