![]() ![]() Newcastle airport is only slightly further away at 15 miles, approximately a 15-minute drive from the park. to 5 p.m.ĭistance to Newcastle city centre is only 8 miles. Some of the largest and most well known occupiers include Accenture, Santander, Newcastle Building Society, Leeds Building Society, Procter & Gamble, IBM, Siemens, Barnardo’s, North Tyneside Council, and Jaguar.Ĭobalt Park staff enjoy benefits afforded by MoreCard, which gives access to deals on leisure and entertainment, and discounts on services ranging from car servicing to gym membership and including public transport, food and drink, holidays and travel.Įmail: Park’s management office is open from Monday to Friday from 8 a.m. Thanks to its privileged location and high quality space, Cobalt Park has attracted a large number of corporate occupiers, which make the bulk of the park’s tenant base. Cobalt Park was designed to be not just a place to work, but also a community, so there is a full calendar of events and activities ranging from nature walks to massage, netball tournaments, evening courses. Parking space is provided free of charge, with a parking ratio of 1 space for every 23 square metres.Īpart from the on-site amenities, the park is conveniently located near supermarkets, medical facilities, restaurants, cinemas, golf courses, and recreational landmarks. Serviced offices and meeting rooms equipped with top of the range IT and telecommunications infrastructure are also on offer.Īmenities at Cobalt Park include a day nursery, a clinic, a four-star hotel and leisure club with business meeting facilities, and a biodiversity park covering 39 acres. Those looking for flexibility in their leases also catered to at Cobalt Park, since short term office accommodation is available under flexible terms. Virtual offices are also offered by some of the occupiers at Cobalt Park. All units are built in open plan style and fully DDA compliant. Offices at Cobalt Park are in high demand and have high occupancy levels of nearly 90 per cent. Office space at Cobalt Park is suitable for businesses of all sizes, since office plates range from 5,000 to 250,000 square feet. Cobalt Park was given an Excellent BREEAM rating in recognition of the project’s sustainability performance, and has received several awards, such as Best Large Commercial Building and Best Commercial Workplace, as well as being a finalist for multiple North Tyneside Business Awards.Ĭobalt Park is a 250 acre site with nearly 30 buildings and 2 million square feet developed for commercial and office use. Overall, this has been an extremely successful project that has contributed to the revitalisation of an area traditionally affected by high unemployment levels. However, by 2016 the park provided more than 14,000 jobs and that figure is expected to reach or even exceed 20,000 in years to come. ![]() At the time it was built, estimates suggested it could help create 5,000 jobs, a significant number in the North East. The development exceeded all expectations in terms of what it could represent to the local economy and business community. Cobalt Park was built in a designated Enterprise Zone, created to promote economic growth while offering financial incentives to developers and occupiers. This office development is located in a strategic location within easy reach of major roads like the A1 and A19, and was created with a focus on flexibility, so that space available would be able to accommodate future expansion. The project was completed in 2002 thanks to the joint effort of local developer Highbridge Properties, engineering firm Cundall, and Ryder Architecture. Preparation for this project began in 1996 and construction work started 2 years later. Cobalt Park is a large-scale office park and the largest of its kind in the United Kingdom. ![]()
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