Middlesbrough Development Company works in partnership with private and public sector organisations to deliver new residential and commercial investment into Middlesbrough to achieve regeneration and economic growth goals and to improve the quality of life for Middlesbrough residents. The company is working on a variety of projects which will help to regenerate previously under used urban areas throughout the town breathing new life into Middlesbrough’s communities.
MDC have acquired the site formerly known as Tollesby Shops on Rievaulx Drive in Tollesby. The existing buildings, which had been empty and in a dilapidated condition, have been demolished and the site cleared. MDC have prepared an exciting proposal for the redevelopment of the site which incorporates both commercial and residential units.
The scheme includes ground floor retail and a children’s nursery, with the upper floors accommodating 24 one and two bedroom apartments, all designed to a high quality, with nationally-recognised spatial standards. All of the units will be available for let at the end of the construction process.
MDC will be submitting a planning application for the project in the coming weeks, and subject to approval, we hope to commence construction on-site towards the end of 2020. The estimated completion of the scheme is late 2021.
The multi-million pound development is MDC’s first major project for Middlesbrough, demonstrating the Council’s commitment to investing in local regeneration schemes and directly intervening in the property market in a pro-active manner where necessary.
Middlesbrough Development Company are passionate about the regeneration of Middlesbrough. Information regarding the Tollesby Shops development and other exciting opportunities will be available soon.
All enquiries regarding MDC and its projects should be made to email@example.com