Tees Business Issue 43 | Page 59

REGENERATION
Transformation – a reimagined former Debenhams unit on Stockton High Street.
Living- options for riverside residential developments.
with a mix of affordable housing, student residential and homes suitable for residents’ needs to increase town centre vibrancy.
> The creation of Tees Central, an exciting and innovative approach to redeveloping Tees Marshalling Yard into a new community at the centre of the Tees Valley.
The Tees Central project is a huge opportunity for expansion of Stockton’ s economic growth aspirations and supports the development of the Care and Health Innovation Zone as part of the Central Stockton and North Thornaby Blueprint.
Together, these two areas combined could offer thousands of homes, commercial space and a potential platform for significant investment in new clinical facilities at the heart of the Tees Valley.
Tees Central combines proposals for further opportunities for town centre living that are identified in the blueprint. This includes Stockton waterfront, the former post office site on Stockton High Street, the municipal buildings, Riverside Car Park and Dairy Car Park.
The council is working in partnership with Tees Valley Combined Authority
across these innovative projects.
What’ s the big idea? The council plans to repurpose existing assets for use as a food and beverage offer to complement Stockton waterfront urban park and wider town centre.
It is working with existing tenants to explore the relocation of their businesses and will provide tailored business support and advice.
Opportunities are being explored for Stockton Town Hall, a Grade II listed building and key focal point for the town, including maintaining its civic function.
The former Debenhams building is an ideal location to enhance the town’ s daytime and nighttime economy.
Proposals are being explored to bring it back into use by delivering community health facilities, creating a market food hall, a creative and digital hub and for other leisure uses.
Councillor Richard Eglington, cabinet member for regeneration and housing at Stockton-on-Tees Borough Council, said:“ We’ re continuing our bold plans to ensure that Stockton-on-Tees is a thriving place for our communities and businesses. A place where people want to live, work and visit.
“ Tees Central project is an exciting opportunity for us to further develop the growth aspirations for the area. It would boost the Tees Valley economy and create a large number of new jobs.
“ This also aligns with our intention to bring a care and health innovation zone
We’ re continuing our bold plans to ensure that Stockton-on-Tees is a thriving place for our communities and businesses.”
to the borough, providing opportunities to increase research, development and innovation across the sector, as well as improve health inequalities.
“ Central Stockton and Portrack have also been identified for the government’ s Trailblazer Neighbourhood scheme. This will support our ambition to accelerate the housing plans and reflects our ambition to work with our communities to improve residents’ lives.”
Councillor Paul Rowling, cabinet member for resources and transport, said:“ The Town Hall, Shambles and the former Debenhams building are all located close to the new waterfront park, which presents a range of fantastic new opportunities to encourage people to visit, enjoy and spend time in the town.
“ These iconic buildings are steeped in history and are much-loved. They have huge potential to be transformed, complementing the wider retail, leisure and culture offer.
“ Other benefits include private sector investment, increased visitor spend, more jobs and enhanced footfall.”
Tees Central is the next step for Stockton and the council is inviting you to be part of it. You can see the council’ s vision by watching a short video on the redevelopment and how it could look in the future by visiting stockton. gov. uk / tees-central-watch.
The voice of business in the Tees region | 59