The Advance Northumberland Board approved the revised financial model and timetable for the Bedlington town centre development when it met on Friday 31 May.
On the 11 June, Northumberland County Council’s Cabinet will consider a requirement for additional funding for this important scheme. Once the additional funding is in place, Advance Northumberland will be in a position to deliver an aspirational development and get the scheme across the line.
Advance Northumberland is leading in the delivery of a major new scheme that aims to comprehensively redevelop a high profile, brownfield site located in the heart of Bedlington Town Centre. The scheme is seen as the opportunity to reposition Bedlington as a retail destination, improving amenities and giving local people greater choice. Further announcements about multiple retailers will follow over coming weeks.
Development work will commence early next year and will take approximately 12 months. Upon completion, it is estimated the scheme will create over 180 new jobs along with 70 construction jobs during the construction phase.
Richard Wearmouth, Chair of Advance Northumberland said: “The project is central to the regeneration of Bedlington Town Centre. Additional funding from Northumberland County Council will help to secure the best possible scheme and will provide a great boost to the town centre driving footfall to support other retailers. We have put a significant amount of resources and time into this development, to deliver the best possible development for Bedlington.”