Newspaper article The Journal (Newcastle, England)

NHS Trust Will Move Hundreds to Cobalt

Newspaper article The Journal (Newcastle, England)

NHS Trust Will Move Hundreds to Cobalt

Article excerpt

Work has started on the latest phase of developer Highbridge's Cobalt business park in North Tyneside.

The 50,000 sq ft building, which will be completed next year, has been let to Northumbria Healthcare Trust, which will move 450 staff from Balliol Business Park in the same borough.

The trust took a 15-year lease on the space late last year.

The letting followed confirmation last December that IT outsourcing specialist Electronic Data Services was to take 100,000 sq ft at the park which, once completed, will be the UK's largest business park at 2.4m sq ft.

About 1m sq ft have been completed or are under construction at the enterprise-zoned park.

Healthcare trust estates director Brian Griggs said: "We are really excited that a start on site has been made and are looking forward to moving in.

"The trust has a number of premises in Tyneside, including those at Balliol Business Park and Rake Lane, which we have been looking to consolidate for some time, and this is the perfect location for our 450 staff. …

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