IPW… has been working with developer Ask Real Estate/Patrizia UK and Gateshead Metropolitan Borough Council on the Gateshead Quays development since 2016.
The development, located on the vacant site between the iconic Sage Gateshead and Baltic will include a 12,500-capacity arena, conference and exhibition centre, hotels, bars and restaurants.
IPW…’s role includes the provision of commercial advice relating to the arena, conference and exhibition facilities, negotiation of the operator deal, consideration of synergies with Sage Gateshead and input into wider project funding structures.
We have also undertaken an economic impact assessment of the development that formed part of the Council’s LEP funding application in 2017.
The new complex is set to open in 2023.