£11.2m science and development quarter opens in Newcastle city centre
Science Central development will act as hub for start-ups tackling “future city challenges”
A new £11.2m centre set to house a host of science and technology businesses has opened in Newcastle city centre today.
Entitled The Core, Science Central, the EU- and council-backed development will provide office and laboratory space for firms tackling a range of “future city challenges”, including energy, transport, big data and cloud computing.
It is hoped the development will consolidate the North East city’s burgeoning tech scene, which saw it listed as Startups’ 13th best city to start a business in the UK.
Funded by the European Union Regional Development Fund (ERDF), the Regional Growth Fund, and Newcastle City Council, 90% of the 5,000 sq. ft. building’s space has already been let to tenants.
Incoming tenants include urban ecosystems consultancy Urban Foresight and movement sensor company Axivity, which is moving up from York.
The building’s features include a four-story “living wall”, bee hotels, planted roofs, rainwater harvesting and a series of adjoining public squares.
Nick Forbes, leader of Newcastle City Council, said: “I’m delighted that the landmark building on Science Central is being opened both on time and on budget, bringing to life a brand new part of the city for the first time in nearly two decades.
“The Core is a prime example of how Newcastle is developing as a city, and planning for the future needs of the businesses that want to locate here.
“The building provides tenants with a modern, sustainable working environment which has helped to attract more and better jobs to the North East as businesses look to the region as a competitive and skilled place to invest in.”