One of the most significant buildings in North Tyneside is to undergo a major
revamp.
Emperor Property Management, a subsidiary of Sunderland Housing Group (SHG),
has acquired the Irvin Building and plans to convert it into 26 apartments and
a restaurant, with the help of £2m gap funding from English
Partnerships.
Stewart Allen, Director of Emperor Property Management, said, We are
delighted to have secured such a fantastic building, Im sure that it will
prove hugely popular.
Perhaps just as important to us is the opportunity to actively participate
in the regeneration of North Shields Fish Quay in conjunction with North Tyneside
Council who have done a great job so far and have fantastic plans for the area.
The Irvin Building is of huge local interest with a great heritage, we
hope that This restoration will act as a major stimulant in the overall regeneration
of the Fish Quay. It is also particularly significant to us as it represents
a further venture outside of our core business area.
The Grade II listed building is a large bonded warehouse, synonymous with the
local fishing trade and with panoramic views of the Tyne. The restoration will
produce a blend of contemporary and traditional design, with apartments retaining
many of their original features.
Donald Urquhart, Director of Housing Projects for English Partnerships said,
"We are delighted that we can support the work of Emperor Property Management
in bringing this important building back into use and to help to give additional
impetus to the regeneration of this area".
Emperor Property Management have previously developed several Grade II listed
buildings, investing £42m in the regeneration of Sunniside, including
work on the award-winning Post Office.