South Tyneside Council’s cabinet has approved the appointment of a residential development partner to transform docks and brownfield land at Holborn into a living, working and entertainment quarter
The area is already home to schemes such as Harton Quays Park, business centre One Trinity Green and Trinity South residential development.
The site is currently split-level with a failing quay edge wall, and a comprehensive engineering strategy will renew the quay edge, overcome serious flooding issues and create a gentle slope from Commercial Road to the Tyne.
A new river edge promenade will be created and the riverside’s industrial history will be preserved with the renovation of three of the former dry docks.
The scheme has secured £4.2m of grant funding from the Homes England Local Authorithy Accelerated Construction fund, as well as £9.4m from the North East Local Enterprise Partnership (LEP) for the delivery of a future phase of office accommodation.
A 4.5-hectare section of the 10.5-hectare site was awarded Enterprise Zone status after a successful bid supported by the Local Enterprise Partnership. The award enables businesses to benefit from financial incentives.
Sustainable future for South Shields
Councillor Iain Malcolm, leader of South Tyneside Council, commented: “This is a real milestone and we are delighted to welcome Keepmoat and Cussins on board to deliver the residential element of our ambitious plans.
“High quality family homes, office space, a hotel and a cultural offer and will complement the signficant investment that has already gone into the wider riverside area, further building a sustainable future for South Shields.”
Keepmoat Homes’ regional managing director, Ian Worgan, said: “We are looking forward to working in collaboration with the council officers and members to continue our involvement with the regeneration of this part of South Shields and to delivering our part of this exciting and technically challenging scheme, which will bring more quality family homes to the riverside location.”
Jabin Cussins, chief executive of Cussins Homes, said: “South Tyneside Council, Keepmoat and Cussins have an exemplary track record of delivering high quality regeneration projects of regional prominence and together we are well placed to transform this landmark site.
“Key to the success of the scheme will be a strong focus on creating a vibrant enjoyable place to live that reflects the unique dockland heritage, whilst ensuring that the homes we build are accessible and affordable to the widest range of purchasers throughout South Tyneside.”