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Specsavers and Co-op Bank delay £30m town centre transformation

Specsavers and Co-op Bank delay £30m town centre transformation

Multi-million pound plans to redevelop part of Newcastle town centre have been delayed – because demolition work cannot start on time. York Place, which is set to be knocked down as part of the large-scale regeneration project, should have been empty by now ready for the area to be cleared later this month.

But councillors at Newcastle’s cabinet meeting on Tuesday heard that the two remaining tenants are now not expected to move out until December or January. Demolition work will now take place in phases beginning in October this year to take account of Specsavers Hearing Centre and Co-operative Bank which are still open on the High Street side of the York Place precinct.

The demolition had been expected to begin in late June and should have been completed in December.

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Council chiefs were awarded £3.2 million from the government’s Future High Street Fund to pay for the complex’s purchase and demolition and the relocation of affected businesses. Councillors at the cabinet meeting heard that the demolition works – which are expected to cost around £1.2 million – must be completed before the end of the Future High Street programme in March 2024.

They were asked to reach an agreement with contractor Willmott Dixon to demolish the existing building in York Place – which is also known as Astley Walk – and clear the way for two three- and four-storey buildings, featuring ground floor shops and food outlets and upper floor offices, with public open space between Ironmarket and Merrial Street.

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Plans for the redevelopment of York Place, as viewed from Merrial Street(Image: Newcastle-under-Lyme Borough Council)

Once the demolition is complete the council plans to create a new commercial and social space in the area, with new restaurant facilities, a leisure and music venue, the Astley Centre for Circus and Performing Arts, and offices.

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  • June 11, 2023