The North Bank of the Tyne comprises over 200 acres of strategically valuable deep-water high value facilities, while enabling the co-location, establishment and growth of a thriving world-class manufacturing cluster.
Co-owned by Newcastle City Council and Shepherd Offshore, the North Bank of the Tyne has seen investment of over £100m over the last decade, remediation of over a 1,000,000m3 of material, unlocking over 90 acres for development, and renovating over 2000m of high value quay frontage and adjacent infrastructure.
Constructing over 350,000sqft of bespoke facilities, the site is home to TechnipFMC, Baker Hughes, Royal IHC, Bridon-Bekaert, JDR Cables, Newcastle University, Newcastle College and attracts daily clients such as Equinor, Saipem, Subsea 7, Anadarko, Siemens, Dong Energy, DANA, Total, McDermotts, BP and many more.
With connectivity to adjacent world class project areas of over 60 acres of storage, the North Bank allows seamless flow and single turnkey operations adjacent to deep-water quay frontage at all times.
The site is also the new Northern headquarters of Global Underwater Hub – the trade and industry development body representing the UK’s growing £8 billion underwater industry.
Size: 200 acres
Gross development value: Over £100m
Ownership: Newcastle City Council, Shepherd Offshore.
Uses: Industrial, Commercial, Educational, Storage, Logistics.
Status: Late-stage scheme, with ongoing development of Neptune Energy Park and Swans Energy Park.
