Pilgrim Street comprises a 10-acre regeneration site adjacent to the retail core in the heart of Newcastle City Centre. Delivering nearly 1m sq ft of accommodation, including over 750,000 sq ft of Grade A office accommodation, a new public square, a new luxury hotel development and an extensive food and drink offer, Pilgrim Street is one of the most strategically important and transformational sites in the North of England.
Covering three city blocks along the eastern side of Newcastle’s urban core; Pilgrim’s Quarter to the north, the old Fire and Police Stations to the centre of the street and Pilgrim Place to the south, Pilgrim Street will provide a vibrant mix of uses including retail, leisure, hotel, workspace, restaurants, cafes and bars.
On Pilgrim Street. you’ll find Bank House, a 12-storey, Grade A office building offering 360-degree views of the Newcastle skyline, which completed in Spring 2023 and is now over 60% occupied.
Construction works are advanced on an even more ambitious development, Pilgrim’s Quarter. Set to become the new home of 9,000 HMRC staff, Pilgrim’s Quarter will have a transformational impact on Newcastle city centre and is the largest of 13 new regional centres being created across the Government Hub network. The superstructure is nearing completion and the facades are starting to show what a stunning building this will be.
Elsewhere on Pilgrim Street, preparatory works are also underway on Pilgrim Place, a 263,700sq ft Grade A office development, and the former Police and Fire Stations in the centre of the scheme are being transformed into a new boutique hotel, while Worswick Chambers is being converted into a brand-new leisure and hospitality destination in the heart of Newcastle, with completion in early 2025.
Size: 20 acres
Gross development value: £500m
Ownership: Taras Properties Limited and Reuben Brothers (Newcastle) Limited.
Uses: Commercial, Retail, Hospitality, Hotel and Leisure.
Status: Early-stage scheme with numerous developments currently under construction following completion of Bank House.
Opportunity: Occupiers sought to take high quality space in the heart of the city.
