Friday 24 Oct 2008
NEWCASTLE BUSINESSES TO BENEFIT FROM RAILWAY REVAMP
- Region & Route:
- National
Businesses looking for smart, modern premises in Newcastle city centre have more choices than before after Network Rail completed work on two schemes.
Network Rail, through its property arm Spacia, has invested £1.8m developing two sites around Central Station, offering commercial premises of varying sizes.
The One Central Parkway scheme completed in July this year offers 10,000 square feet of office space. This has seen the complete refurbishment of the Grade II listed office to include all the facilities expected of modern office space.
The Forth Street railway arches provides commercial space in 14 units ranging in size from 320 – 1,330 sq ft - which have planning consent for office, retail, café bar and leisure uses.
Mick Martin, director of commercial property for Network Rail said: "The investment to revamp these buildings into a modern commercial space will benefit businesses in Newcastle who can take advantage of this exciting development. Also, the proceeds from this scheme will fund improvements to the railway, so this is a win-win situation."
An open week for interested businesses is being held Monday 27 - Friday 31 October in arch three, Forth Street. Staff will be on hand to offer viewings and assistance between 9am and 5pm.
Notes to editors
Spacia is the property arm of Network Rail and is the largest provider of business accommodation to small and medium-sized enterprises in the UK.Contact information
Passengers / community members
Network Rail national helpline
03457 11 41 41
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Please visit National Rail Enquiries
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Network Rail press office - National
020 3356 8700
mediarelations@networkrail.co.uk
About Network Rail
We own, operate and develop Britain's railway infrastructure; that's 20,000 miles of track, 30,000 bridges, tunnels and viaducts and the thousands of signals, level crossings and stations. We run 20 of the UK's largest stations while all the others, over 2,500, are run by the country's train operating companies.
Usually, there are almost five million journeys made in the UK and over 600 freight trains run on the network. People depend on Britain's railway for their daily commute, to visit friends and loved ones and to get them home safe every day. Our role is to deliver a safe and reliable railway, so we carefully manage and deliver thousands of projects every year that form part of the multi-billion pound Railway Upgrade Plan, to grow and expand the nation's railway network to respond to the tremendous growth and demand the railway has experienced - a doubling of passenger journeys over the past 20 years.
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