Capital&Centric firms up Gateshead intent
An agreement for the developer to acquire and restore the historic Old Town Hall in a residential project has been signed, marking the developer’s first move into the North East.
Place North East revealed in June that C&C was mulling an expansion into the region, and was in early discussions with Gateshead Council about potential sites.
The only surviving purpose-built town hall in Tyne & Wear, the building was once the council headquarters until the chamber, civic suite and council officers were relocated to a new civic centre in 1987.
C&C’s architects are now working up a vision to bring the building back into use, with more to be revealed in the coming months as a planning application is worked up.
Originating in Manchester, the developer has built up a strong of projects across the North of England, including the redevelopment of Sheffield’s Cannon Brewery, greenlit in July.
John Moffat, joint managing director at Capital&Centric said: “The Old Town Hall is a local landmark that really stops you in your tracks as you pass by. We want to preserve and celebrate its history, but repurpose it for a new generation to enjoy for decades to come.
“We’re working up proposals for it to become new homes and can’t wait to share our ideas over the coming months. It makes sense that this building, which served the people of Gateshead for so long, can be reinvented to do so once again.”
Anneliese Hutchinson, Gateshead Council’s interim strategic director for economy, innovation and growth, said:
“We are delighted that Capital&Centric have today confirmed they do want to redevelop this historic building, breathing new life into it by converting it into apartments.
“They have an exemplary record of accomplishment in developing historic buildings nationwide and we feel privileged they have now chosen Gateshead as their next project.
“The building has latterly been in use by a few social and cultural sector bodies, but it has always been our intention to look at a more permanent solution. This development will be a key part of our town centre regeneration plans and we look forward to working with them on this.”