Commercial
The provision of high quality business space alongside new residential accommodation and new retail provision will build upon and reinforce the current growth in Sunderland’s office market, satisfying a crucial demand for the city’s economy.
The Vaux site is an ideal location for the strengthening and diversification of Sunderland’s employment base. This new commercial quarter will capitalise upon the Metro and the site’s proximity to the University, Bridges Shopping Centre and other city centre amenities.
Opportunities of this scale and significance are so rare in modern city centres that it is especially important that the potential of the site is fully realised and that the design and quality of the development is of an exemplary quality.
The availability of such accommodation will reinforce Sunderland’s strategic position as a focus for high-tech business development, particularly given the masterplan commitment to broadband infrastructure.
Sunderland arc is currently inviting interest and engaging with private sector partners in order to formulate a robust and effective delivery strategy. The partners will be brought in to augment the skills available through Sunderland arc and it’s founder members ONE North East, English Partnerships and the City of Sunderland.
It is only through this partnership that the Vaux project will realise the ambitious plans for the site, which is the only way in which the site will get what it truly deserves – a twenty first century development to act as a catalyst for the renewal of a twenty-first century city.