Landmark station arrives with help from Ward Hadaway | 29 March 10
LAW firm Ward Hadaway has played a major part in the creation of a new multi-million pound showpiece station for the Tyne and Wear Metro.
Experts from across the firm advised transport operator Nexus on a wide range of matters on the £20m Haymarket Metro station in Newcastle city centre.
The station has been totally transformed with improved passenger facilities and platforms and the construction of a four storey mixed use development incorporating shops, a bank and bar and restaurant facilities.
The scheme involved the close co-operation of Newcastle City Council and also included major highway upgrading and associated regeneration works to the Haymarket area.
The development was carried out via a joint venture company - 42nd Street (Haymarket Hub) Ltd – created between construction group Tolent plc, leisure group 42nd Street Realty Limited and developers Closegate.
Ward Hadaway advised Nexus on the numerous complex agreements between the different parties on the development side of the project, as well as on associated construction, property and banking issues.
Lesley Fairclough, partner in the property department at Ward Hadaway, led the law firm’s multi-disciplinary team on the project.
Ward Hadaway’s construction team, led by partner Ralph Wrighton, provided extensive advice on issues surrounding the building of the new glass-fronted station.
Lesley Fairclough said: “We are delighted that this superb development has been completed successfully.
“This is a real landmark building in a key city centre site which has created greatly improved facilities for all passengers, as well as creating jobs in the construction phase and now in the mixed-use development.
“The project demanded close co-operation across a range of disciplines at Ward Hadaway so our ability to field a talented team of specialists working together was invaluable.”
The station, which is used by six million passengers a year, remained open at most times during construction of the new development.
Ralph Wrighton, partner and head of the construction team at Ward Hadaway, said: “Creating a development of this size on a key city centre site whilst keeping most passenger services intact presented a number of challenges.
“We are pleased to have played our part in the project, which I think has created a station which the city can be very proud of.”
The new station currently features a new branch of the Halifax bank, as well as a Nexus TravelShop, a newsagent, a milkshake bar and a branch of Ladbrokes.
Director General of Nexus, Bernard Garner, said: “Haymarket Metro station has been transformed into a modern gateway into the heart of Newcastle.
“The project has been a huge success for all concerned and the six million passengers that use Haymarket every year are already enjoying the benefits.”
Ward Hadaway has provided expert advice on a number of landmark schemes on Tyneside.
Late last year, the firm advised Newcastle City Council on the acquisition of the former Northern Rock Tower in Gosforth, Newcastle.
The Council stepped in to buy the ten-storey Tower – completed in November 2008 at a cost of £30m to Northern Rock – to lease the whole building to eco-services group eaga plc who in turn have re-let one floor back to the Council and one and a half floors to the Family Health Service Authority.
Ward Hadaway provided a range of advice to Newcastle City Council on the acquisition of the Tower – now renamed Partnership House - particularly on the construction aspects of the deal.
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