DPP has been instructed as planning consultants following the sale of Milburngate House. The 1960s office block on Durham City Riverside is currently occupied by National Savings and Investments (NS&I).
Building on the success of the Freemans Reach development, to be occupied by NS&I and HMPO, the business consortium, made up of Durham-based property developer Arlington Real Estate, Carillion and Richardson Capital LLP, said it is now formulating redevelopment plans for the site.
Referring to Milburngate House, Neil McMillan, Development Director at Carillion, said: “Securing Milburngate House is a major milestone in the regeneration of Durham City. The scale of this site, its riverside frontage and fantastic views up to the World Heritage Site make for a truly outstanding development opportunity, which will have a significant economic impact on Durham and add to the character of the city.