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Three chase city's £300m

Contracts : NEWCASTLEUPON-TYNE

NEWCASTLE City Council has lined up three consortia for a £300 million regeneration scheme in the city's east end.

Last week the authority eliminated four other runners and named Barratt/Haslam Homes/ Miller Homes, Persimmon/ Wimpey/Bellway and Prestonbased Places for People Group as the trio to contest the Walker Riverside project.

The teams will now submit more detailed proposals for the scheme which is part of a 20-year £1 billion revamp of the area.

Plans include the construction of more than 5,900 homes, new schools and hospitals, and improved transport links to the Byker and Shields Road districts.

The winning consortium will be announced in January.

Construction work will not start until a partnership agreement and a detailed masterplan are drawn up.