Tolent has started work on the first phase of the £50m Brett Wharf development in Gateshead
At the start of November, specialist remediation works began to clean up the former oil storage depot site and will continue until spring 2022.
Tolent will then begin the main construction work on behalf of Edmond de Rothschild Real Estate Investment Management (REIM).
269 one and two-bed apartments will be made available for rent, as well as commercial space, flexible offices, coffee shops and restaurants.
Regeneration of Gateshead’s quayside
Steve Church, contracts manager for Tolent, said: “This is a hugely significant project for the city and we’re delighted to be a part of the ongoing regeneration of Gateshead’s quayside.
“With a wealth of experience in the residential sector across the North East, including projects like Hadrian’s Tower in Newcastle and the mixed-use, £85m Milburngate development in Durham, this will be another fantastic project we can proudly put out name to.
This scheme marks the latest collaboration between Tolent and Newcastle-based DPP Planning.
“We’re also pleased to again be working with DPP on another landmark North East project continuing the excellent relationship our two businesses have”, Church added.
High-quality homes in Gateshead
Jo Robison, director at DPP, said: “Brett Wharf is another important part of the regeneration of the banks of the Tyne, which will create high-quality homes in Gateshead. Collaborating with Tolent has always been a positive experience and we are keen to continue our successful partnership with the delivery of Brett Wharf.”