Newcastle’s tallest ever crane heralds new era for city’s property market

By Surrenden Invest | August 22, 2018
BACK TO LATEST NEWS
Share this article

The installation of a 110m tall loughing crane over the August bank holiday weekend will mark a new era for Newcastle’s residential accommodation, according to leading property investment agency Surrenden Invest. The crane is being installed to enable the next phase in the erection of Hadrian’s Tower, a residential development that will become the city’s tallest building.

At 27-storeys tall, Hadrian’s Tower will be an exciting new addition to the Newcastle skyline. The apartment block is set to usher in a new style of chic, urban homes, with residents benefitting from a range of on-site amenities. These will include a 24/7 hotel-style concierge service, a café and touchdown meeting points. The crowning glory will be the stunning sky lounge, which will offer unsurpassed views across Newcastle.

“Hadrian’s Tower is an incredibly exciting development to bring to Newcastle, as it will mark the start of a new phase for the city’s property market. We’re seeking to raise expectations with accommodation of this standard and to inspire the future of residential accommodation in the city as a result. Using the tallest crane that the city has ever seen plays a big role in that, not just from the physical build perspective but also from the psychological point of marking the start of a new era.” 

Jonathan Stephens, MD, Surrenden Invest
With an eight-tonne load capacity, the 110 metre loughing crane, which has a reach of 127 metres, will be used to lift everything from concrete slabs to plasterboard to cladding materials.

“This is a complex operation, due to the size of the crane. Even the mobile crane that is used to install it is enormous. Depending on the weather, we’ll be looking to have the Hadrian’s Tower crane in place by the end of Sunday 26 August. It will then remain on site for a year and the development will be visible from most entry points into the city during that time.

“We believe this will be the tallest crane that has ever been used in Newcastle. The angle of the loughing jib means that the whole structure will reach a height of 130 metres. I can’t see any reason why any of the city’s current buildings would have required a crane of this scale.” 

Keith McDougall, Operations Director, High Street Residential Ltd
The crane’s installation marks an exciting stage in the building’s progression and is expected to generate considerable local interest. According to Surrenden Invest, it also signifies the city’s arrival on the global investment map.

Take a virtual tour of this fantastic buy-to-let property investment opportunity.

“There’s no doubt that Newcastle has ‘arrived’ in terms of its investment credentials. We’re talking to a lot of investors who are keen to be part of the city’s future. There’s already plenty of regeneration work underway in Newcastle and some really exciting schemes, but nothing of this height. That’s why we’re so excited to be part of this step-change for the city’s property market.”

Jonathan Stephens, MD, Surrenden Invest

For more news of developments within the investment and residential property sectors, call us on: 0203 3726 499 or email us at: info@surrendeninvest.co.uk. You can also use our social media accounts to keep up to date with the latest industry developments and to chat with our expert team.

Related articles

Contact us to find out more about our exclusive off market investments

Stay ahead

Register your details to receive the latest market updates and development news.