International investors being wooed to key developments in the North East have been told that Newcastle’s biggest city centre regeneration scheme in a generation is set to create more than 18,500 North East jobs.
The East Pilgrim Street scheme marks one of the largest schemes the Invest Newcastle team has unveiled on the world stage at the four-day Mipim property conference, the biggest property conference of its kind taking place in Cannes, South of France.
Property consultancy Avison Young, which is driving forward the far-reaching scheme on behalf of billionaire real estate entrepreneurs Reuben Brothers, forms part of the delegation of public and private organisations flying the flag for the North East in the France. Its principal and regional MD Gordon Hewling has outlined how progress on three blocks of the scheme, which will gradually alter the face of the city centre over the next decade, is taking shape.
