Metrocentre owner signs up for 4,500-home Tyne riverside revival |  Construction Enquirer News

Metrocentre owner signs up for 4,500-home Tyne riverside revival | Construction Enquirer News

Construction Enquirer 4 min read

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Landmark public-private pact for carbon-neutral south bank district

The Metro Riverside project will transform under-used land around the shopping centre into a mixed-use, carbon-neutral district designed as a “city within a city”, with Metrocentre repositioned at its core. Plans centre on compact, walkable neighbourhoods supported by upgraded transport links and a broadened offer spanning retail, leisure, workspace and community uses. The scheme will sit around a re-imagined Metrocentre, evolving the site beyond its traditional retail role. Backers say the development could more than double the estate’s economic contribution to over £2bn a year by 2045, marking one of the largest regeneration projects outside the M25 and a major vote of confidence in the North East. Proposals also include new green corridors and stronger pedestrian and cycle connections to the River Tyne and surrounding communities.

Originally published on March 30, 2026. Curated by Construction News.

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