Spenhill, the regeneration subsidiary of supermarket giant Tesco, has submitted plans for the redevelopment of Trinity Square in Gateshead.
The application follows the signing of a development agreement between Spenhill and Gateshead last month, which included an agreement to demolish the multi-storey car park that currently dominates the town centre.
Designed by 3DReid, the £150m proposals include a new town square, 45 shops, offices, a student village with more than 900 beds, town centre parking and a Tesco store as well as the potential for a hotel.
Doug Wilson, corporate affairs manager for Spenhill, said: “We have been working closely with the Council to deliver the best possible town centre for the people of Gateshead.
“With demolition of the car park starting soon, local people will now see progress being made. The regeneration of Trinity Square also reflects the confidence we have in the future of Gateshead and its potential for growth.
“We are very excited to have arrived at a scheme which provides fantastic facilities that will transform the town centre into a place people want to visit.”
samantha.mcclary@estatesgazette.com
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