Bank House, Newcastle

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Bank House, Newcastle is the first building in a £100 million redevelopment of the Pilgrim Street area of the city.

Once home to a 1960s Bank of England building, which was demolished in 2012, the site is now houses the impressive basement, ground and 14 upper storey, Grade A office building constructed for Taras Properties.

Initial works included breaking out the three-storey underground vaults and bullion runs beneath the former bank – a mammoth task to break through reinforced concrete which was, in some places, several metres thick.

Relocation of a sub-station, diversion and stopping of existing highways and construction of new public realm spaces were also included in the project.

Bank House will play a huge role in revitalising this area of the city, providing jobs for local people and bringing much-needed investment into the area.

Fifty percent of all contractors on the project were employed from the North-East region.

Sector
Offices
Location
Newcastle Upon Tyne
Client
Taras Properties Ltd
Architect
Ryder Architects
Value
£49m
Completion
April 2023