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“It’s essential we continue to invest in the future of Gateshead. We’re committing
over £90m to encourage economic and housing growth which will bring about
new jobs, new homes and increase the skills of local people.”
INVESTMENT CASE Leader of Gateshead Council, Martin Gannon, speaking about the council’s 2017/18 budget.
PROJECTED GROWTH
211,500 Gateshead’s population
is projected to increase
£205m allocated for Planned Gateshead Quays Gateshead has a 91% Gateshead is home to around 211,500 by
capital spending plans Urban Garden set to attract over one-year survival rate for to Europe’s first 2039, from a current
from 2017-2022, 200,000 visitors per year, with new businesses, with a 35% industry-led immersive size of 201,592.
including: 100 people working at the site five-year survival rate technology cluster and
PROTO: The emerging
- £90m to boost economic technology centre
and housing growth 2017 2017 2018 2019 2020 2021 2022 2023 2024 2039
- £11m for housing
development schemes Plans for the town mean that more than 9,000 new jobs will be created by 2030
- £5m to grow the digital UK city centres have experienced an increase in demand for housing since the millennium
technology sector Economic growth in 2018 Great Exhibition of £200m regional arena and conference and exhibition centre planned for Gateshead Quays
- £7m for energy Gateshead from 2010- the North will celebrate
infrastructure 2014 was the second creativity, culture and design 50,000 students are specializing locally in STEM subjects, providing a promising future for
improvements fastest rate in the North Gateshead’s advanced manufacturing industry
Gateshead is enjoying the fastest growth of business services outside London
The town has the fastest ICT sector output across the North East, positioning it well for future
business growth
The Gateshead area has the lowest staff attrition rates in the UK – another excellent basis for
future growth
