Quayside Regeneration £60m Hospitality Project
Plans have officially been put forward for a £60m hospitality development on the Quayside in Gateshead.
Developer Elliot Group has confirmed that it has submitted a planning application for a hotel and serviced apartments on the Gateshead waterfront, and expects to create 50 new jobs.
Located on the corner of Mill Road and Hawks Road, the site is set to become the home of a new 202 bed 4-star hotel, as well as 244 serviced apartments and a rooftop garden with views of Newcastle city centre.
As well as the hotel and serviced apartments, the development will include two commercial units on the ground floor.
Elliot Lawless of Elliot Group commented: “Gateshead Quays will be transformative and our response to it demonstrates that the market is already pricing it into its thinking. We aim to add value to whatever comes forward on the site and to support its performance with our hotel and apartment products.”
“The Tyneside visitor economy is in good shape and only going to get better and we want to play our part in that.
“Our intention is to bring something new to the party and give momentum to the wider regeneration of the Gateshead side of the river.”