Seven local authorities will be asked to rubber-stamp a request to government in the coming weeks that will ease the passage of the North East’s deal.
Newcastle-based Adderstone Group has completed the sale of the 40,000 sq ft office building at Aykley Heads, a key part of plans for the Durham Innovation District.
The Durham-based firm’s renewable energy business, established in 2006, now operates 11 on-shore wind farms and is being acquired by Canadian asset manager Brookfield for a reported $1bn.
Work on the £8.9m Technical and Higher Education Hub at New College Durham has been completed, with students now using the building.
Old Durham Gate will bring 235 homes to the market to the Bent House Lane site, two miles from the city centre.
Banks Group has signed an agreement with the operator to provide a facility as part of the redevelopment of the major Durham city site.
The local authority wants to push on with finding a joint venture partner as it looks to make its 37-acre strategic employment site part of a wider innovation district.
The UK’s largest provider of student accommodation is working in partnership with Durham University to revamp and extend the site.
Robertson Facilities Management has been selected for the delivery of hard services at the University Hospital of North Durham, a contract that will run until March 2028.
Work has started on 232,000 sq ft of new space at the Sedgefield science park following the contractor’s appointment.
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