A formal planning application has been submitted for the £150m regeneration of Milburngate House in Durham City.
The development consortium, consisting of Carillion, Arlington Real Estate and Richardsons Capital LLP, has made the application to Durham County Council for a premium, mixed-used development that will create 400 new homes on the city’s riverside.
The submission follows the announcement that Milburngate has been selected to be the location of the first Everyman boutique cinema in the North East after contracts were exchanged between the developers and the cinema operator.
Forming the cornerstone of Milburngate’s leisure offering, Everyman Cinema will be joined by a collection of premium restaurant and bar operators with whom the consortium are in advanced talks.
Alongside the leisure offering will be high-specification apartments, the majority of which will be available for long-term rental with the remainder available for private sale thereafter.
Milburngate will be complemented by up to 150,000 sq. ft. of high quality office space, incorporating sustainable and energy efficient design in keeping with its sister development at Freemans Reach on the opposite bank of the River Wear, which the consortium also recently completed.
Neil McMillan, Development Director at Carillion, said: “We are delighted to have submitted this application, which will mark the next major stage of the regeneration of the northern quarter of Durham City and help Milburngate become a location of regional significance attracting visitors from across the North East and beyond.”
“We have received a high level of positive support for our proposals from local people, which, together with the commitment from Everyman, provide a strong endorsement for our vision for the riverside.”
Allan Cook, Managing Director of Arlington Real Estate, said: “The regeneration of Milburngate House really is a once in a lifetime opportunity and it is a great privilege to be able to create something really special here in our native North East. Milburngate will be delivered by our long-standing and experienced team all of whom share a vision of transforming Durham’s Northern Quarter into a truly world class location.”
“Shaping such a large part of a World Heritage City Centre is a big responsibility, but I am confident that Milburngate, like Freemans Reach, before it will prove to be another exemplar development, which will see positive change for residents and visitors alike.”