Tynexe Commercial Ltd, developer of AirView Park, has agreed the release of funds to submit a planning application for a new, 18,000 sq ft, high quality office-based scheme.
It will comprise of two buildings aimed at delivering new jobs, inward investment and business growth opportunities to strengthen the North East’s recovery.
The scheme could become Phase Two of AirView Park, a 175,000 sq ft commercial site next to Newcastle International Airport which provides a prime, strategic location for local, national and global organisations.
Proposals (to be submitted to Newcastle City Council by mid-April) will include a new one-storey, 10,200 sq ft office building offering flexible workspaces and accommodating up to 190 desks. It will include office suites of various sizes, ideal for SMEs, as well as conference suites and hot desk facilities.
The digitally-enabled building will also include modern reception and communal areas, ‘break-out’ social spaces, parking for multiple vehicles, charging points, cycling facilities and landscaping.
AirView Park has already attracted national homebuilder, Bellway plc, as its anchor tenant, and developers are confident that the planning application, once submitted and if granted, will encourage more organisations to the site, Newcastle upon Tyne and the North East.
Mike Clark, Director of Tynexe Commercial Ltd, commented, “The proposed new building will allow new start-ups, growing or relocating businesses to take huge advantage of the flexible workspaces available, especially those now considering hybrid working for their employees. Our out-of-town location also provides great accessibility and means that potential new occupiers could take huge advantage of global trade links to Europe and beyond only minutes away at Newcastle International Airport.
“We are very much in the initial stages of the new office scheme, but once the planning application is submitted, and if successful, we are confident that launching Phase Two of AirView Park will attract many innovative and emerging companies, creating jobs and further growth for the City and the region.”
As part of its ambitious vision and wider recovery plan post-Covid, Newcastle City Council recently announced that it is to invest £50m transforming the city centre, capitalising on its vibrancy, popularity and economic potential as a place to live, work, relocate, visit and invest. The regeneration and transformation programme will further support key strategic, out-of-town development sites like AirView Park with the Council keen to showcase Newcastle upon Tyne as a global city that offers the best of both worlds, attracting new companies, growth and further inward investment.
Ged Bell, Cabinet Member for Employment and Culture at Newcastle City Council, added, “Newcastle is an ambitious city with a great international airport that supports thousands of jobs and puts the region on the international map.
“This is an important and significant planning application that aims to take the airport, the surrounding area and new business to the next level in their development. Once submitted, it will be open to public consultation and subject to the rigorous scrutiny of the planning process with planning committee making the final decision.”
AirView Park, located at Woolsington, offers Enterprise Zone status and is currently one of the region’s most active commercial property sites. The outcome of the Phase Two planning application is expected Summer 2021.