North East LEP funding supports transformation of former Sunderland Police Station

The North East Local Enterprise Partnership (North East LEP) has invested almost £850,000 from government’s Getting Building Fund to support the transformation of the former Gilbridge Police Station into brand new, multi-use office accommodation in the heart of Sunderland city centre.

Renamed The Yard, the new building will provide high quality workspace for SMEs looking to grow their businesses in Sunderland, and attract companies back into the city centre, helping creating a thriving community of local businesses.

The Yard is one of 20 projects across the North East LEP area to receive investment from the Getting Building Fund. In total, the North East Local Enterprise Partnership is managing £47m awarded through government’s Getting Building Fund to support capital investment across the region.

Helen Golightly OBE, chief executive of the North East Local Enterprise Partnership, said: “Despite a very challenging environment for businesses in the North East, we’re still seeing demand for high quality office accommodation in the region. Encouragingly, many businesses are looking to move back into our city centres, which is helping reinvigorate and reenergise these traditional business hubs after the pandemic.

Developer Hanro Group is leading the transformation of Gilbridge Police Station. When complete, the building will provide office accommodation – ranging from 500 sq ft to 23,000 sq ft – a business lounge, meeting rooms, cycle storage, EV charging, showers, natural ventilation, external ‘green’ space, and an area for outdoor events.

Laura Lloyd, head of portfolio at The Hanro Group, said: “We are delighted that the North East LEP are supporting the creation of flexible, affordable office accommodation in Sunderland city centre through Hanro’s development of The Yard.”

The Yard is part of the Riverside Sunderland development led by Sunderland City Council. The city centre office building will complement additional commercial spaces that are being developed in the area, including Legal and General-backed Maker and Faber.

Riverside Sunderland will create a new central business district (CBD) in the city. When fully developed, the CBD will provide more than one million square feet of high quality office space, tailored to the needs of leading UK and international businesses. It will provide accommodation for 8,000 – 10,000 jobs, generating footfall and expenditure across the city centre.

Credit: Bdaily

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