Jan 29 2007
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, I’m 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.