The hunt for a private sector development partner is now underway on the the Forth Yards site on the outskirts of Newcastle’s city centre.
The vacant site on the banks of the River Tyne covers 52 acres and has room for up to 2,500 homes.
Land owners Homes England and Network Rail secured £122m in government funding this summer to prepare the brownfield site for construction.
Procurement of a development partner is now expected to be awarded in October 2026.
Pat Ritchie, Chair of Homes England, said: “Forth Yards offers a unique opportunity to help shape the future of Newcastle, bringing new life to a part of the city with huge potential.
“Beginning the search for a development partner is a major milestone, as we move from vision to delivery at Quayside West.”
Cllr Karen Kilgour, Leader of Newcastle City Council, said: “This is a generational opportunity to transform our city, bring growth to the region and help address the shortage of much-needed housing that towns and cities across the country are facing.”
The £121.8m government funding package granted in August will be used for vital remediation, groundworks and infrastructure work, fixing complex land issues that have long acted as a barrier to investment at the site.
Developers interested in the scheme can find more information here.
from Construction Enquirer https://ift.tt/5BqvITZ