Quorum Park is a
speculative
Speculative may refer to:
In arts and entertainment
*Speculative art (disambiguation)
*Speculative fiction, which includes elements created out of human imagination, such as the science fiction and fantasy genres
**Speculative Fiction Group, a Per ...
office development
An office is a space where an organization's employees perform administrative work in order to support and realize objects and goals of the organization. The word "office" may also denote a position within an organization with specific duti ...
in
North Tyneside
North Tyneside is a metropolitan borough in the metropolitan county of Tyne and Wear, England. It forms part of the greater Tyneside conurbation. North Tyneside Council is headquartered at Cobalt Park, Wallsend.
North Tyneside is bordered b ...
,
North East England
North East England is one of nine official regions of England at the first level of ITL for statistical purposes. The region has three current administrative levels below the region level in the region; combined authority, unitary authorit ...
, with about 1 million square feet of office space.
Overview
Quorum was part of the
North Tyneside
North Tyneside is a metropolitan borough in the metropolitan county of Tyne and Wear, England. It forms part of the greater Tyneside conurbation. North Tyneside Council is headquartered at Cobalt Park, Wallsend.
North Tyneside is bordered b ...
Enterprise Zone that ran from 1996 to 2006. The site was originally occupied by the US Corporation Viasystems who had a major
semiconductor
A semiconductor is a material which has an electrical resistivity and conductivity, electrical conductivity value falling between that of a electrical conductor, conductor, such as copper, and an insulator (electricity), insulator, such as glas ...
manufacturing plant
A factory, manufacturing plant or a production plant is an Industry (manufacturing), industrial facility, often a complex consisting of several buildings filled with Outline of industrial machinery, machinery, where workers manufacturing, manuf ...
on the site. When that plant closed, the site was bought by the current owners who redeveloped the site into a major
business park
A business park or office park is a designated area of land in which many office buildings are grouped together. These types of developments are often located in suburban areas where land and building costs are more affordable, and are typically ...
. Funding for the development was raised by Tritax with construction undertaken by Grantside, both
joint venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...
partners in the development company.
In 2009 and 2010, Quorum made the headlines with a series of lettings including some notable job creating
inward investment
Inward investment is the injection of money from an external source into a region, in order to purchase capital goods for a branch of a corporation to locate or develop its presence in the region.
Foreign sources, such as transnational corporatio ...
s. Almost 250,000 square feet of office space was let to six new companies including major occupiers such as
Tesco Bank
Tesco Bank is a British retail bank which was formed in July 1997 (as Tesco ''Personal Finance''), and which has been wholly owned by Tesco plc since 2008. The bank was formed as part of a 50:50 joint venture between The Royal Bank of Scotland a ...
,
Balfour Beatty
Balfour Beatty plc () is an international infrastructure group based in the United Kingdom with capabilities in construction services, support services and infrastructure investments. A constituent of the FTSE 250 Index, Balfour Beatty works ac ...
and Convergys.
British Engines relocated their central core services teams to the park in December 2013. In August 2014 the building and energy services company Cofely moved into a 26,000sqft office building in the business park.
In 2016,
Greggs
Greggs plc is a British bakery chain. It specialises in savoury products such as bakes, sausage rolls, sandwiches and sweet items including doughnuts and vanilla slices. It is headquartered in Newcastle upon Tyne, England. It is listed on t ...
moved its head office from its previous Jesmond location to Quorum Business Park.
In November 2019, Shelborne Asset Management acquired a large proportion of the park for £32m. As part of the acquisition the park was rebranded in 2020 in order to improve its image.
As part of the rebrand the business park became known simply as ‘Quorum Park’.
Transport
Arriva North East
Arriva North East operates both local and regional bus services in County Durham, Cumbria, Northumberland, North Yorkshire and Tyne and Wear, England. It is a subsidiary of Arriva UK Bus, which operates bus and coach services across the United K ...
runs several bus services to Quorum from
Newcastle Newcastle usually refers to:
*Newcastle upon Tyne, a city and metropolitan borough in Tyne and Wear, England
*Newcastle-under-Lyme, a town in Staffordshire, England
*Newcastle, New South Wales, a metropolitan area in Australia, named after Newcastle ...
,
North Tyneside
North Tyneside is a metropolitan borough in the metropolitan county of Tyne and Wear, England. It forms part of the greater Tyneside conurbation. North Tyneside Council is headquartered at Cobalt Park, Wallsend.
North Tyneside is bordered b ...
and
Northumberland
Northumberland () is a county in Northern England, one of two counties in England which border with Scotland. Notable landmarks in the county include Alnwick Castle, Bamburgh Castle, Hadrian's Wall and Hexham Abbey.
It is bordered by land on ...
, as well as the dedicated ''Quorum Shuttle'' service 555 which connects workers with the
Tyne and Wear Metro
The Tyne and Wear Metro is an overground and underground light rail rapid transit system serving Newcastle upon Tyne, Gateshead, North Tyneside, South Tyneside, and the City of Sunderland (together forming Tyne and Wear). The network opened in ...
station at
Four Lane Ends.
Stagecoach North East
Stagecoach North East operates both local and regional bus services in County Durham, Northumberland, North Yorkshire and Tyne and Wear, England. It is a subsidiary of the Stagecoach Group, which operates bus, coach, rail and tram services acro ...
also operates services 62 and 63 between
Killingworth
Killingworth, formerly Killingworth Township, is a town in North Tyneside, England.
Killingworth was built as a planned town in the 1960s, next to Killingworth Village, which existed for centuries before the Township. Other nearby towns and ...
, 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 promotes cycling to onsite staff with access to free cycle servicing and cycle hire.
Facilities
Quorum operates sports clubs, with workers able to access football, tennis or netball at no cost. There is also a
PureGym
PureGym Limited is a British chain of no frills health clubs based in the United Kingdom with multiple gyms around the world. The chain is headquartered in Leeds, West Yorkshire, with additional offices in London and Southampton.
It is Brita ...
located within the park.
The park also includes shops, a Greggs bakery, a cafe and a nursery.
References
External links
Quorum Business Park
{{Coord, 55.02143, N, 1.57997, W, type:landmark_region:GB, display=title
Buildings and structures in Newcastle upon Tyne