Newcastle neighbourhood regeneration
Homes England has acquired the Quayside West site, which will help create a new neighbourhood for the people of Newcastle and the wider North East.
Quayside West is the largest parcel of land in Forth Yards, with capacity for around 1,100 homes, and one of the most significant brownfield regeneration sites in Newcastle.
Located right next to Newcastle Central Station and Quayside, Forth Yards has the potential to deliver 2,500 new homes and a vibrant, sustainable new neighbourhood for the City. At the heart of Forth Yards sits Quayside West, a site with capacity for around 1,100 homes and a key role to play in the area’s transformation.
Like much of the Forth Yards area, the site faces a number of viability challenges, access constraints and infrastructure requirements, all of which have stopped the private sector from bringing it forward. Homes England’s acquisition brings the site into public sector ownership, which will help it to reach its full potential as part of the wider transformation of Forth Yards.
Peter Denton, Chief Executive of Homes England, said: “It’s hard to overstate the importance of this acquisition. Not only will the site deliver around 1,100 quality, sustainable new homes, but bringing Quayside West into public sector ownership will act as a catalyst for the wider regeneration of Forth Yards, a key regeneration area for the city that has been stalled for more than 20 years. It’s a complex, challenging brownfield site that could have a transformational impact in the city, but it needs up-front public sector intervention to unlock its full potential – and this acquisition is one of the first examples of that.
“Newcastle City Council and North of Tyne Combined Authority have a clear vision for Forth Yards, and we’re working with them and Network Rail to take a holistic approach and ensure that it delivers for the people of Newcastle. This will include, if necessary, using our statutory powers to make this happen.”
Homes England will continue to collaborate with Newcastle City Council, North of Tyne Combined Authority and Network Rail to drive forward the transformational regeneration of Forth Yards, ensuring a cohesive, comprehensive approach to the whole area rather than piecemeal interventions.
North of Tyne Mayor Jamie Driscoll said: “We’re already building 1,985 new homes on brownfield land, with affordable and low-carbon housing.
“Building sustainable, affordable homes on unused wasteland makes a lot of sense. It’s a great way to breathe new life into old industrial sites whilst tackling the housing crisis and protecting our greenbelt.
“The Forth Yards site is a perfect opportunity to ramp up this work. By bringing this site into public ownership we can work together to create more green and affordable homes. And the region’s new devolution deal will mean more funding to explore brownfield sites south of the Tyne, continuing to unlock the North East’s potential.”
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Image: Faulkner Brown
