The permission enables the joint venture of Arlington Real Estate and the Richardson family to deliver the first phase of development at Milburngate which, on completion, will provide a range of leisure facilities, bars and restaurants, high quality offices and luxury apartments.
The joint venture is currently engaged in a pre-qualification process with potential construction partners and, following the completion of this in the coming weeks, an invitation to submit tenders from shortlisted contractors will be issued.
Milburngate has attracted a range of premium occupiers including the Everyman boutique cinema, Pitcher & Piano and the new concept steak restaurant Bar + Block.
These high-profile brands will be joined by a 92-bed Premier Inn hotel; a detailed planning application for which will be submitted separately to Durham County Council.
This landmark development in Durham will create a regionally-significant destination and lead to the creation of more than 1,000 new jobs, as well as enhancing the leisure, business and residential opportunities in the area.