Occupancy levels at one of Newcastle’s latest mixed use developments have hit 50% in the same week as winning a major industry award.
ONE Jesmond Three Sixty, which completed earlier this year, comprises 80 luxury apartments and 10,000 sq.ft of leisure and retail space at the site formerly known as Eaga House.
The development represents phase one of Jesmond Three Sixty, which occupies a 3.5 acre site located to the north of Jesmond Road and the south of Sandyford Road, and is already home to successful occupiers such as bar and restaurant, As You Like It.
Developer, Jomast, has now announced that 50% of the accommodation has been successfully let and is reporting a high level of interest in the remaining apartments.
The news coincides with the scheme winning an LABC (Local Authority Building Control) Building Excellence Award for the ‘Delivery of Outstanding Construction and Workmanship’, which was announced at an awards ceremony at The Hilton Hotel, Gateshead last week.
ONE Jesmond Three Sixty is the Northern Region Winner in the category for ‘Best Change of Use of an Existing Building or Conversion’. The LABC Awards celebrate the vital elements in the creation of excellent buildings including craftsmanship, technical innovation, sustainability and high performance.
Jane Monk of Jomast said: “We are delighted to win this award for ONE Jesmond Three Sixty. We worked successfully in partnership with the Building Control team at Newcastle City Council on a range of matters to bring this development forward and securing 50% occupancy is a strong vote of confidence in what we have created.”
She continued: “This building is the first phase of the wider Jesmond Three Sixty masterplan that combines a range of new-build and refurbished buildings in addition to a vibrant external courtyard. It represents a vast transformation to the site and sets a strong benchmark for the future phases.”
The highly contested category was the largest of the LABC Awards comprising 15 entrants from Tyne & Wear, Cumbria & Tees Valley. As winner of the Northern Region, Jomast are now shortlisted for the grand finals being held in London at the end of November.
The scheme’s architect Simon Dunstan of GT3 Architects added: “The original building was constructed during the early 1970’s and then extensively refurbished and extended in the late 1990’s to create a five-storey, 70,000 sq. ft office building. This highly complex conversion and adaptation included a new penthouse floor positioned on top of the existing super-structure, new cores and an entirely new cladding system which has fundamentally transformed the appearance and performance of the original building”.
Phase two of Jesmond Three Sixty is due to start later this year.