North Tyneside Mayor digs deep to get retail development under way

NORTH Tyneside Mayor Linda Arkley did the honours as work got under way on a new retail development at Cobalt Business Park.

Mayor Linda Arkley and Guy Marsden at the topping out ceremony
Mayor Linda Arkley and Guy Marsden at the topping out ceremony

NORTH Tyneside Mayor Linda Arkley did the honours as work got under way on a new retail development at Cobalt Business Park.

Mayor Arkley and Guy Marsden, director of Highbridge developers of Cobalt Park, took part in a ‘topping out’ planting ceremony of 139 large trees and over 6,400 other plants and small trees which will transform the site into a central hub for the site’s 11,000 workforce to shop and socialise.

The development will be anchored by Tesco Express, located in the centre of Cobalt Business Park. It includes six retail units totalling in excess of 10,000 sq ft, as well as meeting places and landscaped environment.

Cobalt Central will open for business on November 26 and employ around 100 staff in Tesco Express, Greggs, Chisholm Bookmakers and Navaho Coffee, with more retailers to be announced.

Mayor Arkley said: “As a council we want to encourage new investment to provide jobs for our residents. This development will add to the other benefits of the Cobalt Business Park, making it more attractive to future investors, as well as provide new facilities for existing workers.”

Marsden added: “We are delighted with this latest development on Cobalt, one of the largest retail parades on an office park with more than 70% pre let with a mix of national and local retailers.”

 
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