Bond Dickinson advises on Science Central development
The development is being delivered by Newcastle Science City, a partnership between Newcastle University and Newcastle City Council.
Since being appointed, lawyers from across Bond Dickinson’s real estate, planning, construction, commercial and procurement teams have provided expert advice to ensure development of the site has progressed successfully and within the expected programme.
Following a period of ground enabling works to make the site ready for construction, the first building on Science Central, The Core, is now well underway. An additional £50 million investment by Newcastle University on site will create a state-of-the-art ‘living laboratory’ where new technologies and research will be trialled from 2017.
Bond Dickinson has advised from the start of the project, ensuring that the development is investment ready with completed ground enabling works following the demolition of the former brewery. Advice included general commercial, contract, statutory and regulatory matters, as well as planning, construction, procurement, property and estate management.
Construction Director Ian Atkinson, part of the team advising on the project, commented:
"This is a massive project for Newcastle, central to reinforcing its reputation as a smart future city and we are thrilled to be a part of it. We were first involved when discussions between the University and the Council were in their infancy, so it is very exciting to see the project through to this stage."
“An ambitious development of this nature in a city centre location presents a number of challenges, and we have built a strong relationship with the project team delivering Science Central, drawing on a number of areas of expertise across the firm, to ensure that progress to date has been within the expected programme.”
Fiona Standfield, Director of Newcastle Science City said:
“We are appreciative of the advice provided by Bond Dickinson on the Science Central development, which will see the creation of a brand new quarter in the city, connecting the West End to the city centre once more. The team has brought the project forward in line with planned timescales and we are now in the exciting position of opening the first building on site later this year.”
Science Central will play a vital role in the rejuvenation of the regional economy, attracting significant inward investment by leading scientific organisations across the UK and beyond. It is a phased developed over the course of a number of years, and the first building, The Core, is due to open for business this Autumn.