Sector - Finance & Legislation
Strawberry Place to improve St James’ Park area in Newcastle
5 Feb 20

A large company with residential interests named the High Street Group have purchased controlling interests in a company which are planning to build a new development next to St James’ Park in Newcastle named Strawberry Place.
Strawberry Place, which is yet to be built, occupies a site that is currently used as a car park for Newcastle United football fans and will hopefully become a development of four blocks of up to 21-storeys in height, containing a total of 300 residential apartments in addition to offices, a hotel, bars, and restaurants.
The High Street Group purchased their share of interests in the original development company at a cost of £10M and have now let out 40 per cent of the proposed apartments.
The Chairman of the High Street Group, Gary Forrest stated: “This significant investment in Newcastle is part of the High Street Group’s continued mission to build communities and regenerate city centres.
“Our vision is to create a true community hub with leisure and retail facilities, a magnificent new hotel, luxury apartments at affordable rents and high quality office space. It is a hugely exciting opportunity to radically improve our city, bring investment and help to create hundreds of new jobs.
“I know some fans are concerned about how it may affect possible future development of the ground but there are no firm proposals for this at present and there are other options.
“This innovative idea would offer the thousands of fans who flock to St James’ Park a much wider choice of quality restaurants and bars, which would provide the ideal setting for pre and post-match revellers. However, it would also enhance the whole of the city for locals and visitors.
“And we want to bring the whole of the city with us so, when the detailed plans are completed, we will listen to the views of local businesses, residents and football fans. Their comments will inform our progress.”
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