Plans to transform a key site near Gateshead town centre through a £90 million development plan have been unveiled by Gateshead Council.
The vision for the 20-acre site at the south end of Gateshead’s High Street will see a new neighbourhood created with mixed housing, green spaces, community facilities and improved pedestrian and cycle routes to better link it to the town centre and Gateshead Interchange.
Realising the full potential of the site will require collaboration with a wide range of partners. Gateshead Council will take a leading role in delivering the first stages of the plan.
The scale of the development proposed will mean a four-phase approach is needed over several years and the council will be seeking development partners next year.
Cllr Martin Gannon, Leader of Gateshead Council said: “This is another key development site for the future of Gateshead. Its location in the heart of Gateshead will strengthen our town centre, providing vital new housing and open spaces, and offer a new way of living for our young dynamic workforce and support our aging population.
“Improved connectivity to the town centre will encourage more people to walk and cycle, whilst allowing people easy access to nearby leisure, work and learning opportunities. I’m confident this site will quickly establish its self as a prime place to live and work.
“We’ve been working on these development plans for the last couple of years to be sure the preferred development option is deliverable, but now’s the time to make them a reality.
“We understand that this is a sensitive time for some existing business and residents but we’re ready to support.”
High Street South is part of a broader multi million pound regeneration strategy which includes the further development of Gateshead Quays to include new arena, conference and exhibition centre.
The council will be inviting feedback on the transformative scheme at a drop-in event scheduled for 28 November 2019 between 3.30 and 7pm.