Durham Riverside Renewal
Milburngate to welcome Marston’s to Durham City
The developers of Milburngate have announced an agreement with Marston’s, which will see the Durham City development become a new site for their Pitcher and Piano brand.
The premium, bespoke-designed bar and restaurant will be part of Marston’s continual development programme to provide quality pub restaurants and bars throughout the UK.
Set over two storeys, the glass-fronted, 693-square-metre bar is due to begin construction in late 2017, opening 2019.
It will be uniquely designed to complement the styling of the contemporary Milburngate development, offering exceptional views of the historic city’s riverside and skyline including the UNESCO World Heritage Site, which features Durham Cathedral and the Castle.
This addition will be the second premium leisure operator to choose to locate at Milburngate following on from boutique independent cinema operator, Everyman. They will take their place alongside a selection of high quality restaurants and bars, with the developers actively engaged in advanced talks with a number of operators.
A landmark development for Durham and the wider North East region, Milburngate will also feature a mix of luxury apartments and high quality offices. Leading to the creation of more than 1,000 new jobs, Milburngate is being developed by Carillion, Arlington Real Estate and Richardsons Capital LLP.
Steve Roberts, head of acquisitions for Marston’s said, “We are always looking for opportunities, which create a unique experience for our customers in fantastic settings. Milburngate is an exciting step for us and it’s great to be part of this development of Durham City’s riverside.”
Neil McMillan, Managing Director of Arlington Real Estate, said: “Pitcher & Piano is an iconic name in the leisure industry, particularly in the North East where its restaurant and bar in Newcastle really set the tone for the quality of the regeneration of the Quayside. As an anchor tenant at Milburngate, Pitcher & Piano, alongside the Everyman Cinema, demonstrates our ambitions to enhance the leisure offering in Durham City and enhance its position as a regional destination to live, work and play.”
Ben Holmes, Director, Real Estate at Richardsons Capital LLP, said: “We are proud to have reached this agreement with Marston’s as Pitcher & Piano is a perfect example of the quality of premium brands we are attracting to Milburngate. It will certainly increase the diversity and add value to Durham’s leisure economy while creating important employment in the city centre.”
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Durham Riverside Renewal
The development consortium consists of Carillion, Arlington Real Estate and Richardsons Capital LLP.
Arlington Real Estate and Carillion also work in partnership on another flagship County Durham development, DurhamGate. Located five miles south of Durham City, DurhamGate is on the site of Black & Decker former UK headquarters and, at 60 acres, is the largest regeneration project in the North East.
The project includes the regeneration of Freemans Reach and the redevelopment of Milburngate House, which are on adjacent banks of the River Wear in the heart of Durham City.
According to the Sunday Times 2014 ‘Best Places to Live’ listing:
“Durham is a lovely place to live. Beneath its glorious cathedral, you’ll find pretty cobbled streets stuffed with little independent shops and great watering holes, a beautiful river that carves its way through dramatic walls of rock and greenery, and some attractive house stock – along with a thriving buy-to-let market, thanks to all those students. One of the nicest places to live is South Street, which looks directly onto the cathedral and castle, and which inspired Sir Walter Scott. Many of its terraced houses are grade II listed; prices range from £400,000 to more than £1m.”
About Carillion plc
Carillion is a leading integrated support services company with a substantial portfolio of Public Private Partnership projects, extensive construction capabilities and a sector leading ability to deliver sustainable solutions. The Group had annual revenue in 2015 of some £4.6 billion, employs around 46,000 people and operates across the UK, in the Middle East and Canada.
The Group has four business segments:
Support services – this includes facilities management, facilities services, energy services, utilities services, road maintenance, rail services, remote site accommodation services and consultancy services in the UK, Canada and the Middle East.
Public Private Partnership (PPP) projects – this includes investing activities in PPP projects for Government buildings and infrastructure mainly in the Defence, Health, Education, Transport and Secure accommodation sectors in the UK and Canada.
Middle East construction services – this includes building and civil engineering activities in the Middle East.
Construction services(excluding the Middle East) - this includes building, civil engineering and developments activities in the UK and construction activities in Canada.
This and other Carillion news releases can be found at www.carillionplc.com
About Richardsons Capital
Richardsons Capital is a private, family-owned and operated property business formed over sixty years ago and headquartered in the West Midlands. The company is primarily focused on property development and investment in the UK and overseas. Typically working in joint venture, the business has a long history of successful partnerships, having developed over 6 million sq ft of real estate across all sectors.back to Durham Riverside Renewal