A Sainsbury’s supermarket, 45,000 sq ft of trade counter space and two drive-thru units are proposed for Northumberland Estates’ business park north of Stockton-on-Tees.
The construction and regeneration group, busy on projects across the region, recorded income exceeding £4bn in 2023, while pre-tax profit rose almost 70% year-on-year.
Evolve Estates, part of M Core, has added the 320,000 sq ft open-air retail destination to its growing portfolio, with St Modwen exiting.
A package of projects that could be funded by cash reassigned following the axing of the HS2 Northern leg has been put together by the Tees Valley Combined Authority.
Newcastle, South Tyneside and Stockton-on-Tees, which plans to invest in Billingham town centre, all bagged around £20m in the latest tranche of regeneration funding.
Stockton-on-Tees’ Preston Hall Museum will be expanded, while a shortlist for the Museum of Hartlepool’s £6m revamp has been announced.
Of the eight developments making up 306 new homes sold to the private rental operator, four are in the North East.
Proposals to develop a care and health innovation zone across 272 brownfield acres at Teesdale Business Park and Tees Marshalling Yards will be developed further, following cabinet approval.
UK Land Investments has sold the fully let Stockton-on-Tees estate, which comprises six warehouse and trade counter properties totalling 65,000 sq ft.
The developer is working with Homes England and registered provider Thirteen to deliver 113 affordable homes at Northshore, Stockton-on-Tees.
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