Representatives from our Newcastle property management team recently attended an event to commemorate the city reaching the milestone of 800 years with a mayor.
The event was held at the Newgate Centre, a landmark £100million regeneration project in Newcastle City Centre, being undertaken by our management clients, McAleer and Rushe.
At the event Newcastle Lord Mayor Hazel Stephenson and Councillor Ged Bell buried a time capsule that will not be opened for another 80 years. The capsule contains a number of objects aiming to give an insight into Newcastle city life in 2017 and includes a Royal Mint coin set and a Newcastle United scarf, following their promotion to the premier league.
At the event attended by local community and businesses, the Lord Mayor highlighted the significance of the milestone and investment in the city. Councillor Hazel Stephenson said: “Newcastle and the North East has a rich and cherished history and we wanted to mark this major milestone by linking our past with the future and the planting of the time capsule at this important site is a fitting tribute to life in our city today. It represents the very positive and dynamic opportunity for the city and the wider region in the years ahead.”
Once completed, the Newgate Centre will include 2,000 sq m of commercial space, a 270-bedroom hotel and 575-bedroom student accommodation. We have previously held the position of management agents at the former Newgate Shopping Centre and our building consultancy team were involved in the initial demolition of the site from a party wall perspective.
You can see more pictures of the event on the McAleer and Rushe website here.