Construction of the first phase of the £300 million Northshore development is underway.
The 23-hectare mixed use regeneration scheme will transform Stockton's Riverside by delivering over 1.8 million square feet of offices, leisure and retail accommodation - in addition to high quality housing - within walking distance of the town centre.
The site has also been earmarked for new facilities required to expand the Durham University Queen's Campus. Once completed the Northshore scheme could create in the region of 4,500 jobs.
Phase One is located close to the Infinity Bridge which will remain open for pedestrians throughout the construction period.
The £100 million, 23-hectare mixed-use Northshore regeneration scheme on Stockton’s riverside is rapidly taking shape.
New show homes were officially unveiled last month.
Vivo is the name of the initial phase of homes, which are within walking distance of Stockton Town Centre.
Vivo is being developed by Muse in partnership with sister company and award-winning house builder, Lovell and The Homes and Communities Agency (HCA), supported by Stockton Council and Tees Valley Housing.
Matt Crompton, joint managing director of Muse Developments, said: “Northshore is one of the most exciting regeneration projects in the North, which will no doubt act as a catalyst for further development in the Northshore regeneration area.”
Vivo comprises 50 two, three and four bedroom houses in an ideal riverside location next to the iconic Infinity Bridge. As part of the development, Tees Valley Housing is offering 12 homes for affordable rent and three for affordable home ownership under its rent now, buy later scheme.
The Council’s Chief Executive, Neil Schneider, said: “Vivo at Northshore is a key part of the many ambitious, multi-million pound regeneration projects on-going across Stockton Borough so it’s fantastic to see the scheme is rapidly progressing.
“The riverside has already benefitted from significant investment including the £4.6 million Tees Barrage International White Water Centre and the Wolfson Institute at Durham University. Further investment is planned as part of the £20 million redevelopment of Stockton town centre.
“Anyone who chooses to live at Northshore will be able to enjoy the benefits of being within easy reach of the town centre which regularly hosts all manner of nationally acclaimed events and festivals.”
House prices at Vivo start from £126,500. For further details visit www.vivonorthshore.com or call (01642) 527566.
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