Gateshead Council’s development partner “Ask:PATRIZIA”, has submitted a full planning application for the £260m arena, conference and exhibition centre on Gateshead Quays.
The 80,000 sq ft development, which will host international conferences and exhibitions as well as music and cultural events, is situated on the iconic NewcastleGateshead Quayside, directly in front the Gateshead Millennium Bridge.
The scheme will include a 12,500 capacity arena, operated by ASM Global, an international conference and exhibition centre, a dual branded hotel, restaurants, and extensive areas of public realm. It is expected to add over 1,000 jobs and £29 million GVA per annum to the regional economy.
The Council will be submitting a planning application later this year for a multi-storey car park on Baltic Quarter to service the development.
“Ask:PATRIZIA” is a joint venture between Ask Real Estate Limited and PATRIZIA AG, the pan-European real estate investment partner, for the development of Gateshead Quayside.
Commenting on behalf of the partnership John Hughes, managing director of Ask Real Estate said: “We have undertaken a programme of public consultation with local stakeholders and neighbours which has informed our plans for Gateshead Quays and we are pleased that we are now able to take this through to the final stage of the planning process.
“Our appointed contractors Sir Robert McAlpine have been engaging with the technical teams and with the arena operator ASM Global and we have signed-off stage 2 designs for what will be a world-class events destination. We are hopeful that the scheme will achieve full planning consent later this year and look forward to delivering this superb facility for the North East as soon as possible.”