Durham Riverside Renewal

New World Trading Company (NWTC) has announced that the next location its award-winning brand The Botanist will open is Durham, after reaching a lease agreement with the city’s brand new mixed-use development, Milburngate.

Set over two floors, the newly built venue will include a bar area, a dedicated stage for live music, restaurant dining for up to 140 quests and a large outdoor terrace for drinking and dining.

Renowned for its lavish botany-inspired interiors, innovative cocktails, signature hanging kebabs and live music offering, The Botanist will bring an immersive experience to the waterside development, which is in the final stages of construction on the banks of the River Wear.

In addition to premium leisure venues including The Botanist, Milburngate also features a hotel, 153 built-to-rent, high quality apartments and much-needed Grade A office space, creating a landmark live, work, leisure destination overlooking the historic city of Durham and its UNESCO World Heritage site.

Tim McCormac, Property Director at New World Trading Company said, “Bringing our unique concepts to new cities and towns for the first time is always an exciting moment for the business.

“When we first saw the plans for the Milburngate development, we felt the waterfront lifestyle destination aligned well with our brand vision and direction. We can’t wait for the residents of Durham to experience our truly immersive offer at The Botanist.”

Allan Cook, Managing Director of Arlington Real Estate, said, "We're absolutely delighted to welcome The Botanist to Milburngate, and we can’t wait until it opens. Attracting premium food and beverage brands like The Botanist to Durham has been a priority for us, and it reflects the high-specification product on offer at Milburngate.

“Now, we’re focussed on working closely with the team at New World Trading Company, along with our other occupiers, as we review and implement the final stages of construction, which is enabling us to set a new timetable for completion.”

Simon Eastwood, Real Estate Director at Richardson, said:“It’s great newsthat New World Trading Company has chosen to locate its Botanist brand at Milburngate. Their arrival underpins the premium quality of this stunning riverside development which continues to drive strong occupier interest from other potential tenants for both the leisure and office space."

The Durham venue will create 60 jobs in the area. Roles available will be listed at https://nwtc.uk.com/careers.

ENDS

For more information or images, contact Laura MacDonald at lauramacdonald@nwtc.uk.com.

Photo Caption: The Botanist is to open in the new Milburngate mixed-use development in Durham

Notes To Editors

About The Botanist and The New World Trading Co.

The New World Trading Company (NWTC) is the multi-award-winning operator of some of the most innovative restaurant and bar brands in the UK, offering uniquely immersive dining experiences.

The company has been recognised across the industry, boasting accolades from The Casual Dining Awards, The Publican Awards and The Restaurant & Bar Design Awards. It was listed in The Sunday Times 100 Best Companies to Work For in 2017, 2018, 2019 and 2020.

NWTC’s brands include The Botanist (Alderley Edge, Bath, Birmingham, Cardiff, Cheltenham, Chester Coventry, Deansgate, Didsbury, Exeter, Farnham, Knutsford, Lincoln, Marlow, MediaCityUK, Newcastle, Reading, Sheffield, Trinity Leeds, Warrington, West Bridgford and York), The Oast House (Manchester), The Florist (Liverpool, Watford and Bristol), The Furnace (Sheffield) The Smugglers Cove (Liverpool) , The Canal House (Birmingham), The Club House (Liverpool and Plymouth) and The Trading House (London).

For more information visit https://nwtc.uk.com/.

About Milburngate

Milburngate is part of the regeneration of Durham’s riverside, led by a consortium of Arlington Real Estate and Richardson.

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’ ‘Best Places to Live’:

“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 Arlington Real Estate

Arlington Real Estate is also delivering another flagship County Durham development, DurhamGate. Located five miles south of Durham City, DurhamGate is on the site of Black & Decker’s former UK headquarters and, at almost 100 acres, it is among the largest regeneration projects in the North East of England

About Richardson

Richardson is a multi-generation family business with over half a century of real estate experience in the UK and overseas. Working across all sectors, they have developed well in excess of seven million square feet of property. Recent projects include Nickel, junction 28 off the M1, a new spec build 261,000 sq ft warehouse, Western 105, Avonmouth, a new spec build 105,500 sq ft warehouse, Freemans Reach, a 110,000 sq ft office development in Durham, Lincoln Gateway, a £28m, 519 bed student accommodation scheme. More recently the family has continued to expand its operations by building an international growth capital portfolio across a range of sectors through a direct and co-investment programme.