Capital & Centric is looking to expand in Gateshead, and is in talks with the local council about getting involved with key sites.
The move is a part of the social developer’s hunt for challenging brownfield sites, with a view to bringing further regeneration to the North East.
Capital & Cetric has set its sights on the Old Town Hall in Gateshead (pictured). The Grade II listed building had previously served as the council’s headquarters before it relocated to the new Civic Centre in 1987. The building has latterly been used by a few social and cultural sector organisations, and the council is now considering a more permanent solution for the building.
John Moffat, joint managing director at Capital & Centric, said: “We are in discussions with the council about getting involved in key sites in Gateshead, and things are looking promising. Gateshead has potential, and the council has ambition for the future of the town centre.”
Anneliese Hutchinson, Gateshead Council’s interim strategic director for economy, innovation and growth, said: “Capital & Centric’s record of accomplishment in developing historic buildings nationwide by breathing new life into them speaks volumes, and we look forward to hopefully working with them to regenerate our town centre.”
Capital & Centric is currently working on the redevelopment of Talbot Mill in Manchester, alongside creating an HQ for its team in the city’s Piccadilly East neighbourhood.
The developer has also just finished repurposing a former cutlery works in Sheffield, and has major brownfield projects in Liverpool, Newcastle-under-Lyme, Stoke-on-Trent and Wolverhampton.
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Photo © Capital & Centric
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