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Regent Centre

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Coordinates: 55°00′42″N 1°37′26″W / 55.0117°N 1.624°W / 55.0117; -1.624
From Wikipedia, the free encyclopedia
For the transport interchange, see Regent Centre Interchange.
Regent Centre logo

Regent Centre is a large business park and residential complex in Gosforth, Newcastle upon Tyne, England. The business park is home to a variety of companies, including banking group Virgin Money whose Head Office is located on the site. The centre has its own transport interchange with a station on the Tyne & Wear Metro and integrated bus station.

History

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Some of the Regent Centre buildings

North British Properties started to build Regent Centre in 1970 and finished in 1981; at completion it was the largest office complex in Europe, covering a total area of 11 acres (4.5 ha).[1] The land is the former site of the Regent Pit of the Coxlodge Colliery. The centre unveiled a new logo and identity in late 2008; the centre's slogan is "Better for Business".

The current owner-developer is Omnia Offices who bought the complex in 2015 and are converting some of the office space into residential apartments.[2] The previous owner was Kennedy Wilson Europe Real Estate who purchased it along with the rest of the Fordgate Group's Jupiter Portfolio in June 2014.[3][4]

Occupants

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Virgin Money and LNER have offices in the Regent Centre. Former tenants of the Regent Centre are HM Revenue & Customs as well as the Driver & Vehicle Licensing Agency, Health & Safety Executive and the Labour Party.[5] In addition, The Sage Group, Northern Engineering Industries, Cundall[6] and AMEC[7] all had offices at the Regent Centre. The Newcastle regional centre for the Open University was housed here, although it was relocated to Gateshead in 2009.[8]

There is also a hair salon/coffee shop as well as a gym and physiotherapy specialist. Previously there had been a branch of Barclays Bank located in the Regent Centre buildings.

Location

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Within walking distance of Regent Centre, there is Regent Centre Interchange, Gosforth Academy, Gosforth Library and Customer Service Centre, and the Gosforth Leisure Centre which comprises several amenities including swimming pools and gym. There is also an Asda superstore close by, which in mid 2007 had an extension built which houses a restaurant. Across from Asda there is a Marks & Spencer food store; that site used to house a furniture store, and had previously been a Jaguar Cars showroom. Gosforth High Street is also within a few minutes' walk. St Charles' Primary school is located on Regent Farm Road, across from the Virgin Money buildings, between Regent Centre and a housing estate, Regent Farm Estate.

Regent Point

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Regent Point logo
Regent Point during construction in October 2008

Planning applications were granted to expand and modernise a large section of the Regent Centre site, which is adjacent to the Metro line. In April 2007, work began on this area of land which is also called Regent Point;[9] building work began in early 2008 on the 100,000 sq ft (9,300 m2) building.[10] It is a four-storey office building with a glazed corner tower and modelled to be similar to the existing Regent Centre buildings.

Clayton House, which occupied the Regent Point plot, was demolished in 1999 and so the plot was vacant for many years.[11] There have been many different accepted plans for this site, including plans for a 5-storey building in 1998. In 2004 there were plans for a 7-storey building with retail space on the ground floor, however, these plans were withdrawn in July 2005.

Developer Fordgate Group appointed Bowmer & Kirkland as the main contractor for Regent Point. The architects were Howarth Litchfield Partnership, the consulting engineers were Cundall, and Home Stretch Properties Ltd. were also involved in the project. Caunton Engineering Ltd supplied and erected over 600 tonnes of beam and column structural steelwork.[12] The building has a BREEAM rating of "Excellent".[13]

In November 2013, Regent Point was purchased by the Newcastle upon Tyne Hospitals NHS Trust, represented by GVA, for an undisclosed sum.[14]

Virgin Money

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See also: Partnership House
During the final stages of construction of the Partnership House building (October 2008).

The Virgin Money bank has its headquarters in Jubilee House which is adjacent to, although not part of, Regent Centre. The Red Box Design Group were involved with the development of all of the (currently standing) buildings for the bank.

The focal point of Regent Centre since 1965[15] had been Northern Rock's old 7-storey building. In early 2006 this building was demolished[16] and its replacement, known as Partnership House, which is 10 storeys high and cost £35 million, was completed in November 2008.[17] Two of Northern Rock's other buildings on the site were completed in the 1990s; two further buildings were built in the early 2000s. The 1960s tower building also housed a branch of the Northern Rock bank.

Northern Rock had financial difficulties in 2007 due to the subprime mortgage crisis and was nationalised in 2008. This led to the company deciding to downsize, including job cuts and deciding to put this new tower building up for let or sale.[18] Newcastle City Council spent £22 million purchasing the building, and let it out to another firm, a company set up by the council with support services firm Carillion, on a 25-year lease.[19][20] After Carillion's collapse in 2017, law firm Clifford Chance acquired the lease on Partnership House.[21]

In November 2011 Virgin Money agreed to purchase Northern Rock from the British Government. The deal was finalised on 1 January 2012. As of 12 October 2012 Northern Rock was rebranded to Virgin Money, and these buildings become Virgin Money's headquarters for their savings and mortgages business. Northern Rock House was renamed Jubilee House as part of the rebranding exercise.

Buildings

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One of the Regent Centre buildings

With the new developments, as of March 2009, there is empty office space to let.[22][23] There is space available in Regent Point, Horsley House North, Dobson House and Eldon House West.[24] The buildings are named after well known local industrialists and architects, such as John Dobson and Lord Eldon.

Buildings
  • Arden House
  • Bulman House
  • Horsley House North
  • Horsley House
  • Eldon House West
  • Northumbria House
  • Dobson House
  • Eldon House East
  • Regent Point

The Grainger Suite is located in Dobson House. North East accountancy firm MHA Tait Walker has offices in Bulman House.

In 2015 the owners of the north side of Regent Centre were exploring possibilities for the business park's future, including potentially turning the buildings into 400 residential dwellings, work that was under way in 2018.[25]

References

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  1. ^ "Regent Centre". Mayfield Property. Archived from the original on June 10, 2007. Retrieved 2008-10-09.
  2. ^ "Regent Centre office scheme in Newcastle could be turned into 400 homes". The Journal. 31 March 2015. Retrieved 6 May 2019.
  3. ^ "Jupiter Portfolio". Kennedy Wilson Europe Real Estate. Retrieved 3 September 2014.
  4. ^ "Regent Centre office complex in Gosforth acquired as part of £296m deal". The Journal. 2 September 2014. Retrieved 3 September 2014.
  5. ^ "Labour move fuels speculation of poll". The Journal. 2004-05-19. Retrieved 2008-10-09.. Other tenants include IAM Property (and its subsidiary, IAM Sold),
  6. ^ "The Newcastle office has moved". Cundall. 3 May 2016. Retrieved 11 May 2019.
  7. ^ "New owner for former HMRC building in Gosforth". Insider Media. Retrieved 12 May 2024.
  8. ^ "Network equal of best in world". The Journal. 2008-10-02. Retrieved 2008-10-09. [dead link‍]
  9. ^ "Location that has stayed well ahead of the game; commercial property: focus on regent centre Work has started on the 100,000 sq ft (9,300 m2) Regent Point office building at the Regent Centre, Gosforth. Joint agents Paul Nicholson and Tim Evans look at the background to Gosforth's Regent Centre, one of the region's largest and most successful business locations". The Journal. 2007-06-02. Retrieved 2008-12-19.[dead link‍]
  10. ^ "Gosforth developers make their Point; commercial property". The Journal. 2008-03-05. Retrieved 2008-12-19.
  11. ^ "Traffic fears halt office bid". The Evening Chronicle. 2006-02-16. Retrieved 2008-12-19.
  12. ^ "Regent Point – makes Newcastle Commercial Centre a million". Caunton Engineering. 2008-12-04. Retrieved 2008-12-19.
  13. ^ "BREEAM Awards". Bowmer and Kirkland. Archived from the original on 2008-05-11. Retrieved 2008-12-19.
  14. ^ "Newcastle Hospitals NHS Trust buys landmark Gosforth building". The Journal. 28 November 2013. Retrieved 28 November 2013.
  15. ^ "Bank unveils tower revamp plans". BBC News. 2004-11-18. Retrieved 2008-03-31.
  16. ^ "Northern Rock Update". Thompsons of Prudhoe. Archived from the original on 2008-03-31. Retrieved 2008-03-31.
  17. ^ "Tower becomes cornerstone of campus". Red Box Design Group. 2008-11-28. Archived from the original on February 3, 2009. Retrieved 2008-12-19.
  18. ^ "Northern Rock redundancy consultation ends". Northern Rock. 2008-08-29. Retrieved 2008-10-01.
  19. ^ "Newcastle Council spends £22m on Northern Rock's Tower". Property Week. 2009-04-22. Retrieved 2009-04-22.
  20. ^ "2,300 jobs for Northern Rock tower as Newcastle Council agrees deal". The Journal. 2009-04-22. Retrieved 2009-04-22.
  21. ^ "Carillion's former Newcastle office set for expansion with new hires". Chronicle Live. 2019-01-04. Retrieved 2019-07-06.
  22. ^ "Regent Point property details". Knight Frank. Retrieved 2008-10-06.
  23. ^ "Regent Centre property details". Knight Frank. Retrieved 2008-10-06.
  24. ^ "Available space". Regent Centre. Archived from the original on 2009-11-03. Retrieved 2009-03-03.
  25. ^ "Regent Centre office scheme in Newcastle could be turned into 400 homes". The Journal. 31 March 2015. Retrieved 4 April 2015.
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Wikimedia Commons has media related to Regent Centre, Newcastle upon Tyne.
Historic photographs

55°00′42″N 1°37′26″W / 55.0117°N 1.624°W / 55.0117; -1.624

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