In March Interserve started construction work to bring the iconic Grade II listed former Co-Operative department store in Newcastle city centre back to life. This will be a mixed-use scheme incorporating retail and leisure units as well as a 184 bed hotel for Premier Inn.
Interserve, which is managing the project’s delivery on behalf of the building’s new owner DTZ Investment Management, is working closely with the Local Authority conservation team on the redevelopment of the building, which has badly deteriorated in recent years during which it has been largely unoccupied.
Interserve is undertaking a sensitive modernisation and restoration of the historic art deco building, which extends to nearly 170,000 square feet over six floors, while retaining its character and many original features. Works include replacing the building’s barometers and clocks and restoring a cast-iron shopping arcade discovered at the site. Interserve will also repair and restore the building’s original windows, refurbish the original staircases and relocate a war memorial found at the site.
In line with Interserve’s SustainAbilities goals, 80 per cent of the 600 staff that will work on the project until its completion in December 2015 will come from the local area, while we also aim to place 80 per cent of the project’s £17 million contract value with local businesses.