Thousands of jobs created at parks

Quorum Business Park, in Longbenton.
Quorum Business Park, in Longbenton.

More jobs are being created in North Tyneside thanks to the unparalleled growth of business parks.

Over the last year, 1,800 new jobs have been created at Cobalt and Quorum business parks, bringing the workforce up to 17,000.

Mayor Norma Redfearn said: “We are absolutely committed to supporting job creation in North Tyneside. That’s why it’s so fantastic that global corporations are coming here.

“Our business parks and our local workforce are meeting their requirements as they continue to grow.

“Companies know the borough has so much to offer, including modern, purpose-built offices, plenty of room to expand, great transport links, and of course, the help of our council business teams.”

Adrian Hill, director of Highbridge who own Cobalt Business Park, said: “Cobalt has enjoyed a remarkable year so far. In fact more office space has been let at Cobalt than at any other office park in the country.”

Fergus Trim, of Broadoak, asset managers at Quorum, added: “Quorum Business Park has a great track record of attracting big investments.”

“We have seen 450,000 sq ft of space occupied by 16 new tenants over the last few years, bringing more than 5,000 new jobs to the park.”

The parks continue to attract new businesses, with companies such as Hewlett Packard, Tesco Bank, Accenture, Convergys, Balfour Beatty and EE now occupying space in the area alongside G4S, Accenture, Home Group and Macaw.

Last month Cofely, a leading multi-national provider of integrated and energy services, announced it was to create up to 200 new jobs after setting up a new operation on Quorum.

Utilitywise plc, a leading independent utility cost management consultancy, also recently announced plans to relocate to Cobalt in order to accommodate its existing 640 staff.

Hewlett Packard (HP) – the world’s largest technology business – also recently announced it would be taking a new office on Cobalt in addition to the two buildings it already occupies, creating an additional 300 jobs.

As well as the business parks, North Tyneside also offers a range of industrial sites, including Tyne Tunnel Trading Estate, Morston Quay and West Chirton sites.

And thousands of additional jobs are expected to be created with the development of Indigo Park, on Sandy Lane, and Swans, the former Swan Hunter shipyard.