New plans emerge for ‘high quality’ Ouseburn apartment complex
Plans for new apartments in Ouseburn could be worth £7 million to the local economy, say developers.
New plans have emerged to build a high-end apartment complex in Ouseburn.
The proposals – which developers say could be worth £7 million to Newcastle’s economy – have been revealed for a new 20-apartment block on land currently used as a car park.
Jenkins Homes is now awaiting approval from Newcastle City Council for the ‘high quality’ plans, which would see the five-storey residential building go up in St Lawrence Road near to the Free Trade Inn.
In a statement submitted to the council, the developer said: “At the present time, the application site does not make any meaningful contribution to economic growth. The site is a long-term vacant employment site, with limited likelihood of being reused for employment uses in the foreseeable future.
“Redevelopment of the site with 20 residential apartments of one and two bedrooms will make a meaningful and significant contribution to the local and wider economy, both during the construction and operational phases.
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