DfE Confirms Tuition Fee Freeze
22nd Jan 2021
A decision on whether to allow Adderstone Group to demolish the vacant Technopole building at Newcastle's Kings Manor Business Park to make way for student accommodation is expected this week.
The £40m proposed development consists of 162 apartments able to accommodate 535 students. According to Adderstone the plan to bring the empty offices back into use could boost the city's economy by £10m a year, as well as create hundreds of jobs during its construction.
Councillors are due to meet this week to make a decision on the scheme, which follows similar developments at Clough House and Manor View House.
Documents submitted as part of the application said: "The scheme will result in the creation of full-time and spin off jobs during construction, as well as supporting full-time and part-time job opportunities within the student accommodation itself, immediate area and wider city centre."
"It is widely accepted that, through creating purpose-built student accommodation, dwellings which are currently used as houses in multiple occupation can be released back into the property market."
The two proposed towers will contain a mix of accommodation including studios and two, three, four, five and six-bedroom apartments. The site will also come equipped with a cinema, games room, gym and dining spaces.
Commenting on the development, Ian Baggett, CEO of Adderstone Group, said: "Discussions with the city planners over a number of years have paved the way for some of the buildings at the park to transition over to residential uses."
"The park is adjacent to Northumbria University Campus and perfectly located for student accommodation as well as businesses connected in some way to the university."
