Market Leads & Opportunities
Hunt starts for developer on £200m South Shields scheme
South Tyneside Council is starting the hunt for a development partner on a new £200m riverside quarter in Holborn, South Shields.The council will shortly launch a procurement process for a housing contractor to deliver over 400 homes on the site.The plan will transform disused docks and surrounding brownfield land into a mixed use development with office accommodation, residential and a cultural offer.A 4.6 hectare area of the 10.5 hectare site has Enterprise Zone status. The current proposals provide for 200,000 sq ft of Grade A office space within the Enterprise Zone plus 50,000 sq ft at Harton Quays.A comprehensive remediation strategy is in development to de-risk the site given its long industrial heritage.
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