The firm will start demolition of the old Milburngate House building for Carillion Construction, which will deliver the development of 400 new riverside properties and 150,000 sq ft of office space, also featuring an Everyman Cinema as the centrepiece of the site’s leisure offer.
The development consortium, consisting of Carillion, Arlington Real Estate and Richardsons Capital, submitted a planning application to Durham County Council in the spring.
Ian Beaumont, Milburngate project manager, said: “The demolition is the first step in a significant regeneration project that will dramatically enhance Durham’s Riverside.
“The existing building has reached the end of its useful life, is very energy inefficient and is not suitable for conversion to other uses that will offer maximum benefit to Durham City.”