Quorum Business Park Explained

Quorum Business Park is an office development located in North Tyneside, North East England.

Overview

Quorum was a part of the North Tyneside Enterprise Zone that existed from 1996 to 2006. The site originally housed Viasystems, a major semiconductor manufacturing plant. Following the closure of the plant, the current owners purchased the site and transformed it into a significant business park. Tritax provided funding for the development, with construction managed by Grantside, both serving as joint venture partners in the development company.

In 2009 and 2010, Quorum gained attention through a series of lettings, attracting around 250,000 square feet of office space occupancy from six new companies, including notable entities such as Tesco Bank, Balfour Beatty, and Convergys.

British Engines relocated their central core services teams to the park in December 2013.[1] In August 2014, Cofely, a building and energy services company, moved into a 26,000 sqft office building in the business park.[2]

In 2016, Greggs relocated its head office from Jesmond[3] to Quorum Business Park.[4] [5]

In November 2019, Shelborne Asset Management acquired a significant portion of the park for £32m. As part of the acquisition, the park underwent rebranding in 2020 to enhance its image.

As part of the rebranding, the business park is now known simply as ‘Quorum Park’.

Transport

Arriva North East operates several bus services to Quorum from Newcastle, North Tyneside, and Northumberland, along with the dedicated Quorum Shuttle service 555 connecting workers to the Tyne and Wear Metro station at Four Lane Ends. Stagecoach North East also provides services 62 and 63 between Killingworth, Newcastle, and the western suburbs via the park.

Discounted travel is available for journeys between Four Lane Ends and Quorum for those holding a Q-card, a discount card issued to employees of companies based in the park.

The park encourages cycling among onsite staff, offering free cycle servicing and cycle hire.

Facilities

Quorum operates sports clubs, providing workers with access to football, tennis, or netball at no cost. Additionally, there is a PureGym located within the park.

The park also features shops, a Greggs bakery, a cafe, and a nursery.

External links

Notes and References

  1. Web site: Journal . The . Quorum Business Park benefits from demand for out-of-town office space . The Journal . 2014-06-18 . 2017-07-08.
  2. Web site: Hugh Macknight . 200 new energy jobs at North Newcastle's Quorum Business Park . Chronicle Live . 2014-08-28 . 2017-07-08.
  3. Web site: Bakery giant Greggs plans cafe move in Newcastle city centre. ChronicleLive. 23 August 2019. Ford. Coreena. 20 August 2015.
  4. Web site: Bakery giant Greggs set for Quorum Business Park move with Sanderson Weatherall help. ChronicleLive. 23 August 2019. Ford. Coreena. 29 September 2015.
  5. Web site: Jobs on the way as US giant Sitel takes largest Newcastle office letting this year. ChronicleLive. 23 August 2019. Ford. Coreena. 7 September 2016.