Milburngate

Description:

Milburngate is a 450,000 sq ft mixed-use development that sits at the heart of the region. Comprising bespoke office space, luxury apartments, a hotel and the city’s best bars and restaurants, occupiers already include an Everyman Cinema, Pitcher & Piano, Miller & Carter, Premier Inn and Bar + Block.

Located in Durham City, on the banks of the River Wear, Milburngate is a unique opportunity to take advantage of high specification commercial and residential property in the north east’s most prestigious development, with convenient access to the region’s transport network and extensive talent pool. Once complete, Milburngate will offer a blend of architectural excellence and public spaces where people live, work and relax, all framed by unrivalled views of the Durham Castle and Cathedral World Heritage Site.

Office Space: Milburngate will offer Grade A office space to let, as well as providing your business an early opportunity to influence the design and finishes specific to your requirements; meaning you have the chance to choose a working environment that matches the current needs and future ambitions of your organisation.  The first phase of office space at Milburngate, comprising 53,000 sq ft of high specification and flexible offices over 5 floors, will be ready for fitting out from Q4 2020 with completion in early 2021.

Retail and Leisure:  The development will feature 60,000 sq ft of high quality restaurants, bars and a cinema, complemented by another 390,000 sq ft of hotels, luxury apartments and contemporary offices to let.  Millburngate has already attracted occupiers including Premier Inn, Bar + Block, Pitcher & Piano, Miller & Carter and an Everyman Cinema.

Details:

Size: 2.2 ha
Proposed master plan output: 5,100m² restaurant, retail and leisure space anchored by Everyman cinema, 14,000m² Grade A offices, 149 luxury apartments, 88 bed hotel, up to 600 car spaces, 200m river frontage
Total investment cost: £165m
Site owner/partner: Arlington \ Richardson
Site requirements: Occupiers and investors
Address: Framwelgate Waterside, Durham DH1, UK

Development Opportunity Category:

City and Town Centre

Location:

Durham
Milburngate, Durham City - Development Opportunity

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For more information please contact:

Neil McMillan neilmcmillan@impec-uk.com Allan Cook allancook@arlington-uk.com

Milburngate

Framwelgate Waterside, Durham DH1, UK