Interserve to work on Newcastle store

Interserve is about to start work on turning the former Co-operative department store in the centre of Newcastle into a mixed use development including an 184-bed Premier Inn hotel.

The construction company is working in partnership with DTZ Investment Management (DTZIM), which bought the art deco building from the Co-operative Group.

It will fully refurbish the building, providing retail and leisure units in the basement and ground floor.

The building extends over six storeys to cover 170,000 sq ft, and the sale site includes an adjoining Chinese restaurant and car park.

Interserve says it will lead the project out of its Newcastle office and hopes to employ a local supply chain.

Dougie Sutherland, managing director of Interserve Developments, said: “This project further demonstrates our ability to deliver innovative solutions in property development and we are progressing a number of further schemes.”

DTZIM senior director David Hyland said: “We look forward to working with Interserve and the future occupiers of the property to deliver a first class leisure development worthy of the iconic nature of this Newcastle landmark building.”

Your News

If you've got a story that would be of interest to Builder & Engineer readers, send us an email

Features

2017-05-31 13:33

The rate of Insurance Premium Tax (IPT) will rise by two per cent on June 1 to 12 per cent on all non-exempt transactions. Martin Bennison, managing director at construction finance firm Ultimate Finance, explains what this means for UK construction companies.

2017-05-25 08:41

Building Information Modelling (BIM) is growing in popularity and is now mandatory for centrally funded public-sector projects. Experts and the curious are gathering more and more frequently at dedicated congresses, exhibitions and workshops. Many people are now asking: Where does the UK stand on the issue of BIM and the digitisation of the construction industry?

2017-05-10 10:47

Opening site doors to more females is vital to plugging the construction skills gap, reports Claire Cameron

THE construction industry continues to be plagued by a well-documented skills gap with some suggesting the shortage could get worse before it gets better.

2017-05-08 14:27

If you work on a building site, are self-employed or have a zero-hours contract, you might be surprised to know you work in the ”gig economy”. This is the economy characterised by temporary work and irregular hours, pay and working conditions.

2017-03-29 10:31

Jeremy Gould, VP sales Europe, TomTom Telematics, discusses how technological developments in vehicle telematics have opened up new workflow management possibilities for the construction industry

2017-03-21 09:31

With the demand of oil increasing, it’s estimated that the Earth will reach its full capacity for oil consumption at some point within the next 20 years. This is despite the production of oil decreasing, and the construction industry is no exception to this, reports Niftylift.

2017-03-17 10:55

With construction firms leading the way in drone technology, Claire Cameron takes a closer look at how unmanned aerial vehicles (UAVs) can be used onsite

2017-03-07 16:20

While the physical safety of workers is prioritised on construction sites, mental health is often overlooked, reports Claire Cameron

Free E-newsletter Sign-Up

Sign up for our free e-newsletter

Looking for a company or service?