The prominent site on Gateshead’s quayside will create 269 one and two-bed apartments for rent, as well as commercial space, flexible offices, coffee shops and restaurants.

Specialist remediation works began last month to clean up the former oil storage depot site, which is expected to continue until spring 2022.

Following these works, Tolent will then begin the main construction work on behalf of client Edmond de Rothschild Real Estate Investment Management (REIM).

This scheme also marks the latest collaboration between Tolent and Newcastle-based DPP Planning.  Having secured planning permission for the original development, DPP has been retained by REIM and Tolent to manage post-decision planning requirements, which includes the details on managing the groundworks and areas such as decisions over the final materials and signage.

Steve Church, contracts manager for Tolent, said: “This is a hugely significant project for the city and we’re delighted to be a part of the ongoing regeneration of Gateshead’s quayside.”