Published Tuesday, 24th January 2023
By James Cowen
It has been announced that Gateshead Sage arena developments have been delayed until 2025
The arena, which will feature a 12,500-capacity arena, an international-grade conference centre with 17 suites, art exhibition space, bars, restaurants, new walkways and public spaces around the Quayside.
Gateshead Council leader Martin Gannon explained that the council was not responsible for the delays. He also said that rising energy and construction costs have also played into the matter alongside a delay in the Levelling Up fund.
He said: "It's great that government has recognised the benefits of The Sage development, especially during the current economic climate.
"As a council we are dedicated to ensuring The Sage is delivered so that we can deliver employment opportunities to our residents of Gateshead and beyond.
The economic benefits of The Sage will radiate out as local businesses and hospitality benefit from the increase of trade".
The council have stressed it is working to "mitigate further impact on timelines."
Hear our programme 'Around Gateshead' which features more on this story and other Gateshead news stories by clicking here.