Durham Riverside Renewal

Regeneration of Durham City's Riverside underway at Freeman's Reach

22/08/2013
NEWS RELEASE: ISSUED ON BEHALF OF DURHAM RIVERSIDE RENEWAL Durham Riverside Renewal, a project to regenerate part of Durham’s Riverside and retain 800 jobs in the City centre has begun with the construction of a new development at Freeman’s Reach. The regeneration of Freeman’s Reach will see the creation of new high quality offices for National Savings and Investments (NS&I). NS&I will relocate from its current home on the opposite side of the river in Milburngate House, thus ensuring that these important high value jobs remain in Durham City Centre. This first phase of the development is planned for completion in 2015 and will become home to 395 employees from NS&I. The development consortium behind the project, Carillion Developments, part of Carillion plc, local property business Arlington Real Estate and Richardsons Capital LLP, have assembled an experienced team of experts to deliver the project, which includes a strong mix of skills from the North East. Over the build period alone the project will support in the region of 300 construction jobs. Carillion Building is now on site and is currently in the process of letting subcontractor agreements that will all play a part in the delivery of Freeman’s Reach as well as help boost the local economy. Already a number of County Durham based contractors have been engaged on the project including MGL Demolition, Oliver’s Tree Services from Whitton Gilbert, and Lyndon Scaffolding of Newton Aycliffe. As well as providing 8,000 square metres of high quality office space, Freeman’s Reach will add to the City’s visitor experience, particularly for those arriving by coach, as the development offers the opportunity to provide a small riverside restaurant/café and visitor kiosk. Adjacent there is an onsite hydroelectricity turbine powered by an impressive Archimedes screw, which can be seen working from the new tree-lined Riverside Walk that, for the first time, will open up this part of the Riverside for visitors to enjoy one of Durham City’s best natural attractions. Keen from the outset to maximise the opportunities for renewable & low carbon energy, the project will imaginatively retain the historic process of capturing the energy of the River Wear, bringing it into the 21st Century. The energy centre will generate enough power to provide more than 75 percent of the development’s requirements putting the scheme at the very forefront of the sustainable development arena. Further updates on the project will be available from a dedicated website, www.freemansreach.co.uk Allan Cook from Arlington Real Estate, said: “Having worked on the project for a number of years we are very excited to now be moving into the delivery phase, marking a new chapter in history of Durham City and in particular the Riverside. Being local to Durham I am very proud to be involved in the renewal of this part of the City and am confident that the legacy of the project will be something that will be celebrated and enjoyed by future generations. We have worked closely with many stakeholders including Durham County Council, the Homes and Communities Agency, NS&I and the local community to create an attractive Green Development more in keeping with its architectural surroundings, which I am sure will enhance the economic and social value of the area in terms of attracting new businesses and visitors to the City.” Neil McMillan, Director of Carillion Developments, said: “Freeman’s Reach will prove to be a catalyst for regeneration in Durham City, not only on this site, but for other future developments in the city. “In addition, at Freeman’s Reach, we are setting a new benchmark with highly sustainable and architecturally sympathetic buildings of a quality Durham deserves. “Sustainability, both in terms of the long-term inward investment and exemplar green credentials are of paramount importance to this project, which is why we will be delivering not only BREEAM*-rated Excellent Grade A offices, but also Britain’s first hydro-powered city centre development.” ENDS CONTACT: Jamie Collis on 01325 363436 Notes to editors: *BREEAM (BRE Environmental Assessment Method) is the leading and most widely used environmental assessment method for buildings The development consortium for the Freeman’s Reach project is consists of Carillion Developments, part of Carillion plc, and Arlington Real Estate, supported by Richardsons Capital LLP The development project leader is Allan Cook, Managing Director of Arlington Real Estate. Allan is a North East based regeneration specialist and property developer. 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. Share back to Durham Riverside Renewal

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 Back row left to right- Dean Cook (Carillion Building), Neil McMillan (Carillion Developments) and Mick Crabtree (Carillion Building). Front row left to right – Allan Cook (Arlington Real Estate) and Ian Beaumont (IMB Management)
Back row left to right- Dean Cook (Carillion Building), Neil McMillan (Carillion Developments) and Mick Crabtree (Carillion Building). Front row left to right – Allan Cook (Arlington Real Estate) and Ian Beaumont (IMB Management)
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