The benefits


New Jobs For Local People
  • The new development will create around 1,000 jobs for local people, depending on the final uses in the development
  • Construction jobs during development 
  • A wide range of opportunities and benefits 
  • Dedicated training to tackle unemployment and exclusion 

Boosting Local Business
Gateshead Town Centre is set to become a prime shopping and entertainment location in the North East. Existing businesses should thrive with so many more people choosing to visit the area. The opportunities for local businesses are huge.

  • Multi-million pound investment  
  • Economic growth through increased visitors to town centre 
  • More local wages in the local economy 

Shaping Communities
We want to work with local people, the council, business partners and development agencies to revitalise your local community: place shaping which regenerates areas and creates more vibrant, sustainable, living communities.

Spenhill is the regeneration subsidiary of Tesco. The developer brings the benefit of a Tesco store as an anchor for the development. Spenhill’s role is wider than simply a new Tesco store. It brings forward the regeneration of large areas – developing quality housing, space, community facilities, business units and other retail space – and this includes working with other retailers too.

Spenhill brings the latest in environmental technology – drawing on existing Tesco experience in investing in rainwater harvesting and water recycling, wind turbines, solar energy, geothermal power, combined heat and power and trigeneration.

The Benefits