The objective of the Bigg Market project is to create an economically viable area that is an attractive location for businesses, residents and visitors.
Home to 31 listed buildings and formerly the site of Newcastle’s Town Hall, the Bigg Market has been in decline since the 1990’s, with many of the area’s properties currently vacant or only partially in use.
Recognising the significant commercial opportunity combined with its unique heritage assets, NE1 successfully applied for £1.6m from the Heritage Lottery Fund’s (HLF) Townscape Heritage initiative.
This public and privately funded project is valued at £3.2m with the potential to leverage an additional £40m of investment from surrounding land owners.
Further information can be found in our prospectus.
Download our 2019-2024 BID Renewal Consultation