Planning submitted for L&G's first building at Newcastle Science Central
Legal & General has announced that it has submitted a planning application for the first of its grade A office buildings at Newcastle Science Central. Designed by international design practice, Ryder Architecture, the 100,000 sq ft office building will create modern workspace for over 1,200 people in the science, technology and the knowledge sectors.
Set to create over 4,000 jobs, 500,000 sq ft of office and research space, and 450 new homes, Newcastle Science Central is one of the biggest urban regeneration projects of its kind in the UK. Comprising a 24 acre science and technology hub on the former Newcastle Brown Ale brewery site, located in Newcastle's city centre, the aim of the development is to become a major UK hub for scientific research and technology businesses, creating knowledge based jobs for future generations in Newcastle.
In June 2016 Legal & General Capital, the investment arm of Legal & General Group, became the long term investment partner with Newcastle City Council (NCC) and Newcastle University (NU), to build and finance the Newcastle Science Central development.