North Tyneside Council aims to support further economic development and job creation in the iconic Swan Hunter Shipyard site.
The former shipyard now hosts the Swann innovation centre, a three hectare site operated by WD Close and manages quay operations.
The innovation centre provides office space to firms in or seeking to relocate to the area. Since 2015, the quay has been used over 40 times to help transport offshore machinery and WD Close uses its facility to engineer fabrication units, successfully allowing the firm to diversify into the offshore industry. WD Close employs 105 people on its Swan Hunter lease.
