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Gateshead Council approves transformation of former Npower Tees Valley base

Source: https://bdaily.co.uk

Plans to develop the former Tees Valley Npower base into high-spec industrial and distribution facilities have been approved by Gateshead Council.UK Land Estates will develop two adjoining sites – 4.92 acres of land – at Eighth Avenue with potential for up to 90,000 sq ft of warehouse and office space.The firm, said to be the largest commercial property investment and development company in the region, is now in talks with potential tenants to develop the sites – known as Eighth Avenue East and Eighth Avenue West.Planning consent is already in place for Eighth Avenue West, while permission for Eighth Avenue East has recently been granted.A significant number of jobs are likely to follow the development.Team Valley is home to roughly 700 businesses employing more than 20,000 people from the skilled and manual service trade to high end manufacturing and professional services.