Developer Kier Property have purchased a large site in the centre of the Newcastle with an eye to tuirning it into a huge new student block.
The site used to be home to Liquid Envy nightclub. The new proposals for the site include plans 209 en-suite bedrooms and 120 studios, alongside a potential 5,000 square feet of retail and leisure space.
Kier Property managing director, Tom Gilman said of the project, "This acquisition forms part of our UK-wide strategy to acquire land and property in order to deliver a full range of direct-let student facilities, which we will then retain as an investment. The New Bridge Street student scheme builds on our successful track record in the north, and particularly in Newcastle, where we delivered the new Motel One hotel on High Bridge in December 2015, and where we are North Tyneside Council's development partner for the Swans scheme in Wallsend."