A planning application has been submitted for a new £260m conference and exhibition centre on the Newcastle Gateshead Quayside, next to the Gateshead Millennium Bridge.
The 7,400 square metres development will include a 12,500 capacity arena, an international conference and exhibition centre and a hotel with more than 300 beds.
Paul Szomoru, director of business events at NewcastleGateshead Convention Bureau, said: “The planning application for the Gateshead Quays development has come at a crucial time for the business events industry.
“The current COVID-19 pandemic continues to affect the industry across the world, with events having to be postponed and cancelled, but now is the time for us to look forward and plan ahead."
He continued: “Gateshead Quays conference and exhibition centre will be a welcome addition in 2023; securing jobs, supporting our hotels, restaurants and bars and once again filling our region with delegates from across the world.
“This world-class development will bring the business events offering of NewcastleGateshead to new heights. We will be able to attract bigger conferences with a stronger international reach, which will be critical in repairing and growing our economy post-COVID-19.”
The new venue is expected to bring more than 1,000 jobs to the region, as well as £29m per year to the local economy.
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