National News

Newcastle's Science City investment welcomed

A little over a decade ago, I took a deep breath and signed the paperwork - and a large cheque - agreeing the purchase of the Brewery site for what was then the Science City scheme, in a partnership between the council, Newcastle University, and the RDA. In regeneration, it often takes at least 10 years for seeds to flower, so I am glad that the Science Central project has today taken a huge step forward with the announcement of investment of £350m from Legal and General to develop the site. I congratulate those who have secured this deal, which will be of immense economic importance for the city. We all look forward to seeing the project built and occupied by companies driving the science and technology economy. The intervening years have not been easy. Gordon Brown's announcement of Science Cities did not come with any funding attached. The recession slowed investment for a long time. As with the Stephenson Quarter now coming to fruition, the current leader of the council was initially a critic rather tha

GS
16 Jun 2016
View

This website uses cookies

Please select the types of cookies you want to allow.