The first phase of the Stephenson Quarter project will include a 251-bed four-star hotel and conference centre, a 35,000 sq. ft. office block and a multi-storey car park.
The development will connect the cultural quayside area to the city centre and forms part of a wider regeneration programme involving Newcastle City Council, North East Local Enterprise Partnership, developer Silverlink, Aviva, Royal Bank of Scotland and Miller Construction.
The works on the first phase of the Stephenson Quarter project is due to begin in May and is expected to complete in May 2015. The project will be delivered on a 10-acre site next to the Central Railway Station where Miller has another £8.6m contract starting in May.
Miller Construction regional managing director Ian Jubb said: “We are delighted to have been appointed to deliver another major landmark project in the heart of Newcastle.
“The Stephenson Quarter project will help to bring new life to the city centre and support the overall vision to regenerate the city centre whilst retaining the heritage and proud history of the area. We look forward to delivering these prestigious projects to the highest standards whilst keeping the city centre ‘open for business’ during the construction phases.”
Silverlink managing director David Clouston added: “We have been working on this scheme for over 10 years and it has been very challenging at times. I am therefore indebted to the work of our outstanding professional team who will complement the skill and expertise of Miller Construction. We recognise that physical regeneration is one of the keys to job creation and the well-being of a city and it requires a first-class team to deliver that.”