The developer McAleer & Rushe plans to deliver a £100m mixed-use scheme including a new hotel, student accommodation, offices, shops and restaurants on the site of Newgate Street shopping centre.
The existing buildings dating to 1960s on the site will be demolished to make space for the new development, which will comprise of a 250-bed hotel, with around 30,000sq ft of space for retail, restaurant and leisure facilities on the basement and ground floor, with office space on the first four floors.
The proposed scheme comprises of two new buildings, linked by a new ‘chare’ – a narrow medieval street or alley in the local dialect.
According to the plans, the Grade II listed, number 67 Clayton Street, which will form the entrance to the office section of the scheme, will be completely refurbished.
The scheme will create up to 750 construction jobs and 550 permanent jobs throughout the construction phase.
The Newcastle office of Nathaniel Lichfield & Partners (NLP) is acting as an advisor for the planning stage of the new city centre development.
Ian Kettlewell, associate director at NLP, said: “This new development will revitalise this area of the city centre.
“The design by a local architect has been finessed in close co-operation with the council planning officers and local stakeholders. It reflects the vitality of Newcastle but respects the much-loved heritage of Grainger Town. It includes the restoration of 67 Clayton Street, which in turn has the potential to encourage the restoration of other properties on Clayton Street.”
Subject to planning approval, demolition of the Newgate Centre could begin before the end of 2014.
Photo Source: McAleer & Rushe