11/10/2026
🏗️ What's happening to investment in Newcastle town centre?
Walk through town and you'll see cranes and hoardings everywhere. So who's paying for it, what's being built, and what has changed since Reform took over in May? 👇
💷 Where the money came from
The regeneration is worth around £85 million, and almost all of it was secured before Reform took control of the borough council:
• £11m from the government's Future High Streets Fund, awarded in 2021 and now fully spent
• £23.6m from the government's Town Deal for Newcastle
• £18.94m from Homes England, the government's housing agency, awarded in January 2026
• Around £80m of investment by the council itself
The previous council admitted that Newcastle had never had any real government grant funding before 2020.
🏢 What's being built
Three town centre sites are being transformed by developer Capital&Centric, bringing 328 new homes plus shops and businesses:
• Astley Place )the old York Place shopping centre): apartments with shops, bars and cafés on the ground floor, with the first residents due in early 2027
• Karparc (the old Midway car park): around 110 apartments, the first conversion of a multi-storey car park into homes in the country, due to finish by summer 2027
• Rye Park (the Ryecroft site): family homes, apartments, an aparthotel and a new urban park, due by the end of 2027
🏘️ Here in Knutton
Knutton has its own £3.5m share of the Town Deal, to "put the heart back into Knutton":
• The Newcastle Enterprise Centre on High Street has been extended ✅
• New changing rooms at the Wammy are now used by Newcastle Town FC ✅
• New homes are being built on the former community centre site, including 39 social rented apartments and bungalows for over-55s, due to finish in November 2026
• A new village hall, with £1m of Town Deal money set aside, is still waiting. The council says it needs a community group to run it.
❓ What is Reform doing to get Knutton's village hall built?
⚠️ What has changed under Reform
• Nothing new has been added yet. The council leader, Jonathan Gullis, has written to the government asking for future Pride in Place funding, but the projects under way were all secured by the previous council.
• A £2.79m government grant could be lost.
Reform has scrapped the low-carbon heating upgrade at Jubilee2, the town centre leisure centre, which was funded by a government grant of up to £2.79m. The Conservative opposition leader has asked whether that money will now have to be paid back.
• Walking away from the body that helped plan Knutton's regeneration. The Knutton masterplan was funded by One Public Estate, a programme run jointly by the government and the Local Government Association. Reform is pulling the council out of the LGA to save up to £17,200 a year.
• Questions over the Green Belt. Reform campaigned locally against Green Belt development. Gullis now holds the planning brief, and according to openDemocracy he works for a lobbying firm whose clients include a developer planning a huge employment site on Green Belt land in the borough. He declared an interest and stayed out of the key Local Plan meeting.
To be fair, Reform hasn't cancelled any of the town centre schemes, and the work is carrying on.
But the money and the plans came from before May. The question is what Reform will add, and whether Knutton will finally get its village hall.
What would you like to see in the town centre and in Knutton? Tell us below 👇
Follow HOPE not hate and Reform Watch for more on Reform in power.
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