The Newcastle office of DPP has secured planning permission for the development Milburngate, the largest regeneration site in Durham City for a decade.
A consortium of Arlington Real Estate, Carillion and Richardson Capital LLP will redevelop the Milburngate House site. Formerly home to Her Majesty’s Passport Office and National Savings and Investments, Milburngate will be a mixed-use development, providing the opportunity for around £160m of inward investment and lead to the creation of more than 1,000 full-time jobs and 650 construction roles.
Adjacent to a World Heritage and conservation area setting, it will feature an Everyman Cinema as the cornerstone of its leisure offering alongside a variety of premium restaurants and bars, 291 high- specification apartments and energy-efficient office space.
“We’re proud to be involved in such an exciting, high-profile project,” says Faith Folley, Director of DPP’s Newcastle-upon-Tyne office. “I truly believe that the redevelopment will transform the area, opening up the use of the riverside and improving public facilities. It will also be a significant catalyst in generating jobs.”
The Milburngate House site is the second key element of the regeneration of Durham’s riverside by the consortium, having previously undertaken the regeneration of Freemans Reach on the opposite bank of the River Wear, creating sustainable new offices for Her Majesty’s Passport Office and National Savings and Investments and helping retain more than 1,000 jobs.
Construction on site will start in spring next year after the demolition of the existing building, which is currently underway.