Work on 28 North Shields affordable homes due to get underway

The town centre site is expected to be completed for summer 2025.
Jason Button
By Jason Button
Published 12th Mar 2024, 16:06 BST
From left to right, Elected Mayor of North Tyneside Dame Norma Redfearn DBE, Paul Fiddaman Chief Executive of Karbon Homes, Stephen McCoy Managing Director of Adderstone Group, Peter Galbraith Director at Adderstone Living and Fergus Mitchell Project Manager, Housing and Property Services, at North Tyneside Council.From left to right, Elected Mayor of North Tyneside Dame Norma Redfearn DBE, Paul Fiddaman Chief Executive of Karbon Homes, Stephen McCoy Managing Director of Adderstone Group, Peter Galbraith Director at Adderstone Living and Fergus Mitchell Project Manager, Housing and Property Services, at North Tyneside Council.
From left to right, Elected Mayor of North Tyneside Dame Norma Redfearn DBE, Paul Fiddaman Chief Executive of Karbon Homes, Stephen McCoy Managing Director of Adderstone Group, Peter Galbraith Director at Adderstone Living and Fergus Mitchell Project Manager, Housing and Property Services, at North Tyneside Council.

Work is set to get underway on the development of 28 new affordable homes in North Shields town centre, thanks to a North Tyneside affordable housing partnership.

North Tyneside Council has completed the land sale of the former Unicorn House office block site in North Shields to northern housing association Karbon Homes, a partnership set to bring more affordable home ownership options to the town centre.

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Karbon will deliver the original plans for 22 three and four bed houses, and six one and two-bed apartments, with work set to start on site by the end of March.

The 28 new homes will be available for a mix of shared ownership and Rent to Buy, a scheme through which rents for the properties are set at 20% less than local market rent, giving residents the opportunity to save the difference for a deposit towards buying the home in the future.

Paul Fiddaman, Chief Executive at Karbon Homes, said: “It’s brilliant to be working alongside North Tyneside Council to bring these plans for much needed new affordable homes in the borough to fruition. This is  a really exciting development for North Shields, with a mix of apartments and family homes that will play a big role in transforming that area of the town centre."

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Elected Mayor of North Tyneside Dame Norma Redfearn DBE added: “The sale of the former Unicorn House site to Karbon Homes is great news for this part of North Shields. This was a derelict office block that had stood empty for more than seven years. Now it will be transformed into attractive, high-quality, much-needed affordable homes."

The redevelopment of the site is part of North Tyneside Council’s North Shields Town Centre Masterplan, which aims to transform the town centre, Fish Quay and riverside.

Related topics:WorkHousingNorth Tyneside

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