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New BTR scheme granted in Newcastle

A planning application from Packaged Living for a 289-unit residential scheme on Newcastle’s Quayside has been approved by Newcastle City Council.

The development will sit on a 1.5-acre site alongside the river and will include significant amenity space, commercial space, and on-site car parking for residents. Residents and locals will enjoy a wide selection of amenities from a resident’s lounge, co-working spaces, private dining rooms and recreational facilities.

Mark Woodrow, Managing Director of Packaged Living, said: “We are delighted to have reached this important milestone in our delivery of an iconic building at the heart of Newcastle’s quayside. The scheme will provide much needed quality, purpose-built rental homes to Newcastle. We look forward to a start on site by Q4 this year.”  

Quayside 12 will be the largest Build-to-Rent scheme in Newcastle and will consist of a range of studios, 1, 2 and 3 bed apartments purposely designed for the rental market. The scheme will also deliver other key benefits to the city including the creation of over 700 construction jobs and boosting spending in the local economy by an estimated £4m a year.

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