Submitted by Founders Place LLP – a joint venture between igloo and Newcastle City Council – the 185,000 sq ft, 12-storey development has been designed by architects Allford Hall Monaghan Morris.

The scheme will also include one of Newcastle’s most significant new civic spaces – Founders Square – transforming an area that currently lacks a major public space.

Joe Broadley, Development Director at igloo, said: “One Founders Place is about much more than delivering a high quality office scheme – it’s about creating a destination that reflects Newcastle’s rich industrial heritage while providing the sustainable workplaces and welcoming public spaces that modern cities need to thrive.

“This investment is helping to attract new businesses, support skilled jobs and create a bustling city neighbourhood where people want to work, meet and spend time. By combining exceptional workspace with high quality public realm, we’re creating a place that will contribute to Newcastle’s long-term economic growth while celebrating the history that makes this location so distinctive.”

The scheme is expected to create 300 construction jobs during the two-year build period.

The first completed phase at One Founders Place –  The Pattern Shop – opened in 2024 and is now fully occupied by Atom Bank, while Orchard Yard will deliver 79 homes across apartments, duplexes and family houses, alongside commercial space within the listed Machine Shop and Smiths Shop.

The Coppersmiths Shop is a Grade II-listed former part of the Robert Stephenson & Co. Works which is currently being explored for potential viability and future uses.