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North East synopsis

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 PUBLISHED 24 APRIL 2010  

All features cover the North East including Newcastle, Gateshead, Sunderland and Middlesbrough

 
The Market: Statistical round up covering offices, retail and industrial.

Send up to date data to stacey.meadwell@estatesgazette.com or nadia.elghamry@estatesgazette.com

 

Retail: Analysis of project in the pipeline and current market performance

David Thame, freelance writer, 01544 262 896, dthame@clara.co.uk

 

Offices: Analysis of key issues and future trends

Daniel Cunningham, senior writer, 020 7911 1822, daniel.cunningham@estatesgazette.com

 

Leisure: Analysis of key issues and trends

David Quinn, freelance writer, 07841 115 601, david@wordsdept.co.uk

 

Regeneration: Paul Morrell has called for a cull of old 70s architecture in city centres with Newcastle highlighted as one of the worst. Which buildings do agents think should be pulled down and which will leave sites ripe for regeneration?

Daniel Cunningham, senior writer, 020 7911 1822, daniel.cunningham@estatesgazette.com

 Please contact writers by 30th March 2010

EG TV goes to the Eldon Square opening in Newcastle

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EGTV's intrepid reported Helen Roxburgh was at the opening of CSC's £170m Eldon Square revamp and extension. Shoppers were queuing from 7am to see the centre. For pictures click here to go to our launch day post.
 
footie shirts.jpgRegeneration big wigs from around the region are off to Wembley today to put forward their case for hosting the 2018 World Cup.

Whether they'll be bombing down the motorways in a team bus, their city colours proudly flying out of the back window is debatable but only one can hit the back of the net and score not just the honour of bringing footie home but the economic boost of 100,000s of visitors.

It was all smiles and rip-roaring speeches today but debates behind the scenes about stadium development have been a little more complex. Clearly many had hoped to have venues already coming out of the ground as part of larger grand regeneration plans which have since hit the buffers.

Amongst the hubris today, little was said about the money to fund them or the developer appetite to deliver them. Below we assess each city in turn and take a look what the local press is saying:

Birmingham: Plans for a City of Birmingham stadium had seemed to wither on the vine. The Birmingham Post reports that these may now be being reignited. It follows a long on, then off again, proposal to build a Super Casino as part of a new stadium. This was eventually abandoned by the council which opted for the NEC as a Super Casino site. before the government kicked all Super Casino plans into the long grass.
 
London: the Olympic Legacy Company was still debating last week whether to retain the Olympic Stadium's 80,000-seat capacity. Paul Norman's Olympics blog says a decision would need to be made shortly.

In this week's EG - North East and North West

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angelnorth.jpgTesco Bank has signed for a whopping 103,000 sq ft at Quorum Business Park near Newcastle, but in our North East Focus I ask what rent and incentives are landlords agreeing to in order to get deals like this done?

The North East's office market is in danger of turning into a bargain basement for occupiers, and ask what all this means for developers with prime stock on their hands in core Newcastle city centre locations.

Liz Morrell looks at the North East's retail market, and specifically Capital Shopping Centres' extension to its Eldon Square in Newcastle. CSC is on target to open the 410,000 sq ft extension fully let next February, but what is the cost to the rest of the city's retail scene.

Preview 2010 synopsis

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Thumbnail image for Chrystal ballAnd so December is approaching and the Focus roadshow is coming to end for another year but, before we depart for our Christmas holidays, we like to get the crystal ball out and have a look at what is coming up in the year ahead. (It can't be worse than this year, can it?)

As we will be entering a new decade, we want to look at how the last 10 years has shaped the market in 10 cities around the UK and how that might influence the market.

Dan and Mel have divided up the country between them and are looking at five cities each. Do get in touch with them for more detail about the information and type of  comment they are after.

The 2010 Preview will be published on December 12 and please contact the writers by Monday 23 November.


London, Bristol, Liverpool, Manchester & Newcastle:

Daniel Cunningham, senior writer 020 7911 1822, daniel.cunningham@rbi.co.uk

Cardiff, Birmingham, Leeds, Edinburgh, Glasgow:
Melanie Smith, Focus editorial assistant, 020 7911 1916, melanie.smith@rbi.co.uk


Picture by Francesca Rose on Flickr and used under creative commons





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