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When will the Gateshead Quayside Complex begin construction?
National World - LocalTV
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27/01/2025
Gateshead Council leader, Councillor Martin Gannon has hinted that an announcement will be made in regards to construction on the long-awaited multi-million pound complex on Gateshead Quayside.
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00:00
A deal to finally start building work on the long-delayed International Conference Centre
00:04
and arena complex planned for the Gateshead quayside is just weeks away from being sealed,
00:09
a council leader says. Gateshead Council Chief Martin Gannon says he expects to make an announcement
00:14
very early in the spring that construction will begin at last on what has been touted
00:19
for years as a world-class riverside development. The Labour councillor has said that investors
00:24
remain committed to the vast regeneration vision and that the North East Mayor is likely
00:29
to put forward cash to help close the massive funding gap which has held the project back.
00:34
It was estimated just two years ago that the price of the scheme had already spiralled
00:37
from £260m to more than £350m. A large plot of land between the Glasshouse Music Centre
00:44
and Baltic Art Gallery has already been cleared for the new development, which will be known
00:49
as The Sage. Frustration has grown at the lack of construction work on site, which has
00:53
been scheduled to begin in autumn 2023. After revised plans for the scheme were granted
00:59
plan and permission.
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