Newcastle-under-Lyme Borough Council Development Partner Project

Newcastle-under-Lyme Borough Council (the "Council"), as with the Local Government sector at large, is facing significant financial pressures and is seeking ways to take a pro-active commercial approach to both address its financial position and to maximise the value from a variety of surplus, or underutilised assets that make up its portfolio.The Council has a significant portfolio to sites that it wishes to utilise to both support regeneration and deliver financial return. It is therefore looking to establish a new Joint Venture (JV) partnership that will have access to a number of these underutilised assets to deliver development schemes. Three such key sites are:> York Place;> Parkhouse Road West.; and> Midway Car Park