Following £2m of investment, a range of businesses have moved into the Centre for Innovation since it was officially opened earlier this year.
And now, another successful company has moved into the vibrant centre, which is breathing a new lease of life into the site situated in the River Tyne North Bank Low Carbon Enterprise Zone.
Relocating from Northumberland, engineering consultancy G. Robinson Design Engineering Services Ltd, also known as GRDES Ltd, has expanded and reorganised in the last 12 months to meet the challenges of the energy sector.
Made up of a team of engineers and designers, the company produces detailed engineering designs and drawings for offshore and onshore energy structures, as well as doing site surveys and supervision for the transportation and installation of the structures.
North Tyneside Elected Mayor, Norma Redfearn personally welcomed director Greg Robinson and his members of staff to the centre.
Mayor Redfearn said: “Here in North Tyneside, we are absolutely committed to supporting job creation and helping businesses to grow, which is why we built this fantastic state-of-the-art facility and I am thrilled that is has attracted so many brilliant businesses.
“With the Centre for Innovation almost fully occupied, along with our thriving office parks and fantastic local businesses, it goes to show that North Tyneside really is the place to be for business.
“This is such an exciting time for Wallsend as Swans come back to life and the extensive regeneration of the town centre gathers pace.”
Speaking about the move, Greg Robinson added: “The move to Swans heralds a new chapter in our history, as it will support our mission to establish ourselves as a reputable engineering consultancy.
“The office is ideally located within the heart of the energy sector, and will provide opportunities to work with neighbouring businesses, as well as supporting the local economy.
“We look forward to taking our business to the next level and our new offices will enable us to expand the team to meet the challenge.”
The Centre for Innovation’s enviable position within the River Tyne North Bank Low Carbon Enterprise Zone has made it an ideal base for small and medium-sized businesses specialising in the advanced engineering, sub-sea, marine, oil, gas or offshore renewable energy sectors.
As an Enterprise Zone, the Swans site appeals to firms because they’re able to take advantage of a number of benefits if they locate to the area before March 2018 - including up to five years’ business rate relief, a simplified planning scheme and superfast broadband.