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.
Owned by the JD Sports group, the outdoor clothing and camping retailer is in expansion mode, and will take up the former Wilko unit at the Gateshead destination.
The shopping centre will be demolished this year as Northumberland County Council looks to reshape the town in the £90m Energising Blyth programme.
An expansion at Gateshead’s Metrocentre and a new store at Teesside Park are among the projects included in the fast fashion group’s investment programme as it reaches its 50th year.
The developer has triggered demolition at the former Farringdon Road police station, to be replaced by a £10m retail park, and started on site with a further retail project in Peterlee.
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.
Investment in improved spaces and more focus on community uses can be driving forces for North East shopping in 2024, according to regional consultancy @retail.
The parent group of gaming business Double Eleven has acquired the office building in what it described as the first in a series of acquisitions breathing new life into Middlesbrough town centre.
The Indian restaurant group will be joined at the refurbished former Café Royal site in Newcastle by engineering firm Global Maritime, which has signed for office space on the upper floors.
Kings Park Capital has invested in leisure operator Stack, which has grown from its original shipping container-based Newcastle destination to develop venues across the North and Midlands.
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