NE1 Overview and Events
1,408
Number of hereditaments
1%
Levy rate
c£2m
Annual levy value
5 years
BID term (1st April 2019 - 31st March 2024)
88%
In favour of Renewal at the last ballot (Oct 2018) (up from 78% in 2013)
64%
Renewal vote turnout (Oct 2018) (up from 62% in 2013)
320,000
Visitors attracted to events delivered by or supported by NE1 in 2022
£1.5m+
Boost to business during NE1 Restaurant Week - putting on 2 events per year with over 100 participating restaurants
31,000
Visitors to NE1's activities in Old Eldon Square in the summer of 2022
£8.2m
Economic impact generated from Magic Weekend
£9.2m
Economic impact generated from Northern Pride
110+
Free activities hosted on the Quayside during NE1's Summer in the City
Retail Core
£37m+
Funding secured for the City Centre Transformation Programme
Spring 2023
Completion date for Saville Row and Ridley Place
8
Streets and areas in the Retail Core included in the CCTP
Marketing
150,000+
Followers on social media
3.9m
Pages of content viewed on the Get into Newcastle website in 2022
4.2m
Social Media video views in 3 months
50,000
Copies of the NE1 magazine printed annually
Bigg Market
£1.6m
HLF allocated funding
£3.2m
Total project value
£60m+
Private sector investment
330+
New jobs created in the area
NE1 Street Rangers and Clean Team
5,000
Black bags of litter removed from the city's streets per annum
4,400
Rapid response Clean Team jobs completed per annum
500
Graffiti-removal jobs in the last 12 months
5,500
Business interactions annually
NE1 Can
1,400+
Young people worked with in 2022
33
Employer-led events in 2022
3,874
Employer encounters for young people in 2022
7,107
Young people worked with since 2016
Newcastle City Marina
5,000
Boat visits per launch
5 x
The marina has paid for itself five times over since launch, in visitor spend
£250,000
Visitor economic impact in 2016/2017 season
1,000 sq ft
World's first floating nature island installed adjacent to the Marina
Central Station
c£24.5m
Combined total value of the project
7.5m
Total annual station visitors
1,845
Jobs created (166 direct and 1,679 indirect)
£5m
Value of RGF awarded to NE1