“Rare” Newcastle Quayside development site could create 1,000 new jobs
A rare development opportunity on Newcastle’s East Quayside has been announced by Knight Frank.
The site, on City Road, has already had detailed proposals drawn up for a 12-storey, curved office scheme, designed by international architects, Bjarke Ingels Group (BIG).
The landowner, Rob Cameron, has appointed Knight Frank to sell the site which is suitable for offices, residential and leisure (subject to planning).
If progressed, the office development would bring 107,346 sq ft of prime office space to the disused site – potentially creating 1,000 jobs.
Patrick Matheson, partner at Knight Frank, said: “This is a fantastic, rare opportunity to buy a prime site which is the last remaining development plot left in the sought-after East Quayside area.
“Because of its position and the lie of the land on the site, it warrants a landmark building.
“The office development proposal designed by BIG gained positive feedback during pre-application discussions with Newcastle City Council and that option is still very much on the table.
“The site is also suitable for homes and leisure uses and we are expecting strong interest from the market.”
When unveiled in February 2020, the plans for the ‘No. 1 Quayside’ office scheme were hailed by some as the third modern icon of the Newcastle skyline – alongside Sir Norman Foster’s The Sage Gateshead and Wilkinson Eyre’s RIBA Stirling Prize winning Gateshead Millennium Bridge.
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