Overview
- Northhold Group confirmed its purchase of the long-delayed Milburngate site, a roughly £120m scheme with 153 build-to-rent apartments, offices and leisure space on the River Wear.
- The new owner says work to complete the development should begin in the coming months and it plans to collaborate with Durham County Council while inviting contractors and prospective tenants to engage.
- Progress halted in 2023 when contractor Tolent collapsed, followed by fire-safety concerns and alleged steel defects that left the site uncertified and cordoned off.
- Tenant plans remain uncertain, with reports that some have pulled out, potential doubts over BrewDog’s unit due to the brand’s recent administration deal, and Everyman Cinemas listing Durham as “opening soon.”
- Council leader Andrew Husband welcomed the sale as supportive of the city’s Innovation District ambitions, while MP Mary Kelly Foy called for clear timelines and a plan to resolve legacy issues.