Middlesbrough has seen a surge in investment in 2015 with both public and private funds being used to finance numerous projects across the town.
The “Middlesbrough is Changing” initiative was officially launched in March this year to celebrate the town’s ongoing growth and regeneration.
One of the developments included in the initiative is the new £20 million Campus Heart project at Teesside University.
The centre piece is the gold-coloured building known as The Curve which provides a spectacular backdrop to a light show every evening.
Middlesbrough Mayor Dave Budd said: “Middlesbrough is the centre of a city region. We truly believe we can compete with other towns and cities up and down the country and that belief is backed up by the transformation currently taking place across the town.”
“Middlesbrough has a deserved reputation for state-of-the-art education facilities, business innovation and success and first class leisure opportunities and those are a vital foundation for the continued creation of jobs and prosperity over the coming years.”
The Living Wall (see below) that is attached to the Student Centre is also a new feature that livens up the Southfield Road section of the campus.
Teesside is becoming a haven for natural Living Walls with Barker and Stonehouse Ltd introducing a similar concept when opening their new store on Teesside Park earlier in the year.
The University is not the only investor in the area recently however; the Sports Village, situated next to James Cook Hospital, is another example of significant capital expenditure on Teesside.
The state-of-the-art £21 million Middlesbrough Sports Village opened to considerable acclaim in May and is already established as a venue of regional importance.
The recently opened outdoor velodrome at the site is one of the best of its kind in the UK.
Another addition to the initiative portfolio is the 138-room Holiday Inn Express in Centre Square.
This was made possible thanks to a partnership between Middlesbrough Council and the developers and will provide an important boost to the local economy and hopefully encourage more visitors to stay in the town..
Despite the harsh economic climate, the town centre continues to thrive with an array of unique independent traders rubbing shoulders with some of the biggest names in High Street retail.
Elsewhere in the town, local and national businesses continue to show their faith in the area, with major investments by the likes of logistics specialists AV Dawson and footwear chain Charles Clinkard displaying long-term commitment.
Mayor Budd said: “We remain in economically challenging times, but the sort of investment we are seeing shows a real confidence in the future and we have a key role in ensuring that momentum is maintained.”