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Property Of The Week
Property Of The Week

West One (Zirca Site) Forth Banks Newcastle-upon-Tyne

Property Of The Week
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Cityoffices provides a comprehensive 'knowledge' database covering all major office projects in selected UK and continental European cities. The research covers recently completed office schemes, those under construction and identifies future development proposals.


Office News

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- Start for £200m scheme
- Stephenson Quarter green light
- Baltic Place hand over
- Office scheme plan
- Deal called off

EQ5 completed
EQ5, the joint venture development by Argon Properties and Whelan Construction, is now completed. The £13.8m re-development of the former Ballantyne Casino at 5 St Ann's Street, Newcastle-upon-Tyne, was designed by Ryder HKS, and is a five storey 3,194 sq m (34,380 sq ft) net office building. Atisreal and GVA Lamb & Edge are the letting agents.

Baltic Place nears completion
Southshore Developments, a joint venture between Robertson Property and City & Northern, is due to complete its £45m Baltic Place scheme in January 2009. The development on the site of the former Kelvin Works Foundry comprises two eleven-storey tower blocks with a 120 bed hotel and provides 12,232 sq m (131,665 sq ft) of office space between Baltic Place East and Baltic Place West. Baltic Place East will provide 6,783 sq m (73,009 sq ft) on eight floors, and Baltic Place West will provide 5,449 sq m (58,646 sq ft) on eight floors. DTZ is the letting agent.

Knowledge Central on site this year
The Knowledge Central building in the Baltic Business Quarter of Gateshead should start cconstruction later this year. The building will comprise meeting, lecture and conference space in addition to serviced office accommodation.

Late June finish for Trinity Gardens
Silverlink’s office development at One Trinity Gardens, Newcastle-upon-Tyne, will reach practical completion at the end of June 2005. The upper floors of the 11,148 sq m (120,000 sq ft) development have been pre-let by a law firm and the remaining 50% is being marketed by CBRE and Knight Frank. Taylor Woodrow is the main contractor and the architect is Waring & Netts.

Start date for Gallowgate
Terrace Hill’s speculative £12m office scheme at 30 Gallowgate, Newcastle-upon-Tyne, will get underway by the end of 2005. Last summer, the company received planning permission for the 7,657 sq m (82,420 sq ft) of offices and demolition of the existing building will commence during May with construction starting by Christmas. The main tender is currently out to contract. The letting agents are Knight Frank and the Leeds office of CBRE.

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