A consortium of Carillion, Arlington Real Estate, and Richardson Capital has received planning permission from the Durham County Council for the redevelopment of the Milburngate House site on Durham’s riverside.
The Milburngate House, which formerly housed HM Passport Office and National Savings & Investments (NS&I), is the second key element of the Durham’s Riverside regeneration.
The house will be demolished to give way to the construction of an Everyman Cinema, multiple premium restaurants and bars, apartments and energy-efficient office space.
The developers have secured detailed planning permission for Zone One of the development that will include the cinema, commercial and leisure units and 291 homes, and outline planning permission for Zone Two and Zone Three.
Carillion development director Christopher Ives said: “Milburngate will breathe new life into the site and continue the positive transformation of the riverside. It will also aid the social, economic and physical regeneration of Durham City.
“The support we have received from the local community and stakeholders has been very welcome and we look forward to delivering a scheme that will add value to Durham and the North East.”
The project, estimated to cost £160M, is set to begin in early 2017. It is anticipated to create more than 1,000 full-time jobs and 650 construction jobs.
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