Richardson appoint McAlpine to build £260m Gateshead arena scheme

By John Corser | Business | Published:

Ask:Patrizia, the developer majority owned by the Oldbury-based Richardson family, has awarded Sir Robert McAlpine the contract to build a £260m, arena, conference and exhibition centre on Gateshead Quays.

Roy Richardson

Ask:Patrizia will submit planning early next year with the aim of starting the project later in 2020.

The development includes a 12,500-capacity arena, conference and exhibition space; two hotels, bar, restaurants, car parking and extensive areas of public realm.

Sheena Ramsey, chief executive of Gateshead Council and development partner for the project, said: “The appointment of Sir Robert McAlpine brings us a huge step closer to delivering this world class events destination for the region and we’re glad to have them on board.

This development will act as a catalyst for renewed economic growth, maximising local employment, training and supply chain opportunities. This is about being ambitious for Gateshead, we need everyone on the borough to be able to fulfil their true potential and projects like this create the conditions for them to thrive.

Mark Gibson, managing director for the Scotland and Northern region at Sir Robert McAlpine, said: “We bring a wealth of experience and have a highly-skilled senior team to deliver this fantastic project, using the local workforce and subcontractors wherever possible. We are looking forward to making a start as soon as the planning process is completed.”

Speaking on behalf of Ask:Patrizia, John Hughes managing director of Ask Real Estate, said: “Sir Robert McAlpine has a reputation for technical excellence and delivering complex developments safely, on time and within budget. We are looking forward to working with them to see this superb facility materialise.”

The new complex is set to open in 2023.

The Richardson family remain active developers and investors not only in the UK, but also in Europe and North America.

Current UK projects include 25 logistical hubs around the country to supply the rapidly expanding click and collect market and a 750,000 sq ft office development in central Manchester.

They have also built a successful international growth capital portfolio, including the above regions as well as Singapore and Australasia, across a range of sectors through a direct and co-investment programme.

John Corser

By John Corser
Business Reporter - @JohnCorser_Star

Express & Star Business Editor at head office, Wolverhampton. Welcomes all news of companies and business organisations.

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