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According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Initially known as Hadrian Business Park [a] plans for the area were devised the early 1990s [3] by the Tyne and Wear Economic Development Company. [4] Work began on building Cobalt Park in 1996 when the site was purchased and it was initially to house businesses employing 5,000 people [5] on a site of 140 acres (57 ha). [6]
N. New Gate, Newcastle; Newburn Steelworks; Newcastle Arena; Newcastle Arts Centre; Newcastle City Baths; Newcastle City Library; Newcastle Civic Centre; Newcastle coach station
The Gate won the Property Week award for Best Commercial UK Mixed-Use Leisure Scheme, and the British Toilet Association awarded The Gate a Loo of the Year Award and awarded it five stars. [ 7 ] In 2010 Jamie Ritblat 's property company, Delancey, bought The Gate in a £900 million package of properties from PropInvest Group, in partnership ...
Many of the tallest buildings and structures in Newcastle can be found in the city centre, for example the Tyne Bridge at left above. This list of the tallest buildings and structures in Newcastle upon Tyne ranks skyscrapers and structures in Newcastle upon Tyne, England, UK, by height and doesn't include structures in neighbouring Gateshead.
80,900 m 2 (871,000 sq ft) of new and/or improved commercial floor space. 121 buildings, many of them listed properties and classified as 'buildings at risk', restored for use. Grey's Monument repaired and cleaned. 289 flats and apartments completed with many located within the Grainger Street and Clayton Street areas.
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