Market Leads & Opportunities
£1.85m funding awarded for South Tyneside regeneration project
A major riverside regeneration project in South Tyneside has been backed by £1.85m in government funding.The Holborn project in South Shields comprises the redevelopment of former industrial land and disused docks. It has secured the money from the Brownfield Land Release Fund.The funding will be used for civil engineering works needed to prepare the nine-hectare site for development and facilitate the construction of about 300 homes.Significant remediation works are needed to make the site more suitable for development, and will include the installation of a new quay edge wall, regrading of the site, decontamination of the ground and raising of the former dry docks to overcome serious flooding issues.The works are expected to begin in the new year. A planning application has been submitted for the whole scheme (detailed for phase 1 and outline for phases 2 & 3) and will be considered by Planning Committee this autumn.Last year, Keepmoat, working in partnership with Cussins, was appointed as the development partner to build houses and apartments and the associated infrastructure, including a new riverside promenade.
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