With a plan, partners, and a purpose, the North Bank of the River Tyne is ripe for renewal
You might say the region of the River Tyne was an “early-adopter” of the Industrial Revolution, with shipbuilding and coal production coming to dominate the local economy. Over time, those, and other heavy industries, left the area. However—the drive to innovate remains. When the North Tyneside Council, Newcastle City Council, and the North of Tyne Combined Authority saw opportunity to redevelop the North Bank of the River Tyne, they called upon our expertise.
With project partners Knight Frank, Ryder Architecture, Location Connections, and Investment Monitor, we set out to understand the North Bank’s current and emerging opportunities. This information would form the foundation of an economic prospectus designed to support investment along the North Bank. Our team analysed relevant industrial and property markets and their prospects. We examined the area’s transport, utilities, and river infrastructure to establish a practical context for delivering improvements. Throughout, we worked closely with key stakeholders, including the area’s main businesses, and skills and education providers, to understand the social context of the labour and entrepreneurial market.
The economic prospectus is a “living” document our clients can use to help attract investment, deliver infrastructure, anticipate changing technology and encourages innovation and collaboration. Our work has already resulted in the establishment of the Tyne Taskforce covering all four Tyneside authorities as well as the Port of Tyne.
At a Glance
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Tim Hapgood, Senior Associate
The movement of goods and services should be considered as important as the movement of people—the success of the United Kingdom depends on it.
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