Teesworks in North East England
Teesworks is a significant brownfield regeneration opportunity in the UK, with the largest and most connected industrial zone and diverse, sustainable and low-carbon activity.
An opportunity for a strategic investment partner to help shape the development of Teesworks, the largest free port in the United Kingdom.
The development will see the delivery of over 15 million square feet of industrial, advanced manufacturing, renewable energy and commercial space across 1093 hectares of brownfield land in the heart of the Tees Valley.
Teesworks will curate a carefully chosen balance of major investors, cutting-edge industry and supply-chain services that stretches out across Tees Valley, while driving forward its redevelopment to create jobs, grow the economy and transform the region.
Teesworks, Redcar, Tees Valley
Capital investment - real estate
(Greener buildings, Sustainable infrastructure, Industrial & logistics, Infrastructure)
The Tees Valley Combined Authority and Teesworks
Circa £3 billion
Detailed planning obtained
Time to Final Investment Decision (FID):
Sector and market opportunity
Teesworks has a 25 year vision for creating its industrial zone. The project promoter is looking to work with strategic investors to develop over 1012 hectares, along with 1km of deep-water quay.
Under the direction of the South Tees Development Corporation, Teesworks is focused on clean energy, the circular economy, industrial symbiosis, and advanced manufacturing.
As the largest freeport in the UK, businesses will benefit from:
- tax reliefs
- simplified customs procedures
- streamlined planning processes
- government support for regeneration and innovation
The development will also support the government’s levelling up agenda, with an estimated creation of an extra 20,000 jobs.
The site is strategically well placed for investors and businesses through its close proximity to the North Sea and one of only 2 offshore wind hubs in the UK. With demand for these types of sites and asset classes at an all-time high across the UK, alongside a Combined Authority that is actively seeking inward investment into its region, now is an excellent time to be part of this ambitious Tees Valley development.
The site is spread over 4500 acres making it the largest brownfield development site in the UK. Teesworks is leading the way with its carbon capture technology supporting the government’s carbon-neutral agenda. Based at the site and in partnership with local industry and world class partners, Net Zero Teesside aims to deliver the UK’s first zero-carbon industrial cluster.
Positioned at the mouth of the River Tees, Teesworks offers direct access to the North Sea, unlocking the trade hubs of Europe as well as gas and oil feeds, and Dogger Bank Wind Farm. The site itself encompasses the major port facilities of Teesport, Redcar Bulk Terminal and the soon to be built South Bank Quay.
As the UK’s third largest port by tonnage, Teesport is owned and operated by PD Ports who handle more than 5,000 vessels, around 30 million tonnes of cargo and half a million TEU every year. Further downstream, Redcar Bulk Terminal is one of the best deep-water facilities of its kind in the UK and the deepest on the east coast of England.
The site boasts state of the art connectivity which include three rail freight service connections at strategic locations across the development. For passenger services, the East Coast Main Line makes central London reachable in just over 2 hours, with similar journey times to Manchester and Edinburgh.
Just over 15 minutes away, Teesside International Airport provides a gateway to global destinations for both business and logistics, including daily flights to hub airports, London Heathrow and Amsterdam Schiphol.
Local talent and skills
The region benefits from major universities and training colleges including University of Teesside, along with a highly skilled work force who are leading in the transition to clean energy and carbon capture.
Teesworks Skills Academy has been established to help give the local people of the Tees Valley the best skills possible to take advantage of the new jobs and opportunities that are being created for workers at the Teesworks site.
Operating as a one-stop-shop, the academy will link investors, contractors, end users, employment hubs, skills providers, jobseekers and apprentices to create a world-class workforce for the future. They will be equipped with the expertise businesses at the site will need to grow and succeed.
Research and expertise
With sectors such as hydrogen, carbon capture, utilisation and storage, offshore energy and process engineering, the Tees Valley is one of the UK’s most integrated industrial economies with a supply chain made up of a wide range of firms.
This legacy has nurtured the advanced manufacturing sector and attracted strategically important multi-national companies to the area. This includes some of the most innovative and forward-thinking experts in low carbon technologies, with leading research and technology development organisations, such as the Centre for Process Innovation (CPI), Materials Processing Institute and TWI.
Environmental, social and governance (ESG) highlights
The Project Promoter has a keen emphasis on long-term thinking and a more sustainable future. Modern manufacturing combined with renewable activity and a clean energy sector will empower a resilient industrial cluster that is at the centre of a high value, low carbon circular economy.
A highly skilled workforce specialising in manufacturing, engineering and offshore industries, will be complemented by Teesworks Academy. The new academy builds on the back of core skill sets and the region’s history of innovation to enhance skills, showcase career opportunities and create a world-class workforce of the future.
Teesworks is governed by a welcoming local authority in Redcar & Cleveland Council, making it prime space for large scale modern industry, innovative manufacturing and global distribution.
Promoters and partnerships
Teesworks is a joint venture made up of 3 parties:
- Tees Valley Combined Authority (TVCA)
- JC Musgrave Capital
- Northern Land Management
TVCA is the public sector body responsible for encouraging economic growth, creating jobs and transforming Tees Valley. It is chaired by the Tees Valley mayor, Ben Houchen.
The Teesworks site is also home to Anglo American, BOC, British Steel, Hanson, MGT Teesside, Northumbria Water, PD Ports, Tarmac, and, joining soon, GE Renewable Energy.
Local and national government support
Teesworks is supported by Tees Valley Local Enterprise Partnership and fits into the UK government’s plans for a carbon neutral future and its levelling up agenda.
Lightweight structures in Greater Manchester
Greater Manchester’s accelerated Carbon Neutrality target of 2038 is creating opportunities to demonstrate innovative low carbon solutions at scale using lightweight materials.
Rail in Doncaster
Decarbonisation of the rail sector is key priority for the UK, and companies in Doncaster are on track to take a leading role in the sustainable transformation of the network.
Heat networks in the North East and Tees Valley
Heat networks form an essential and significant part of the UK’s plan to reduce carbon emissions, and The North East and Tees Valley are primed to lead the UK in delivering this.
Spalding Battery Energy Storage System in Lincolnshire
The Spalding Project will deliver one of the largest battery energy storage systems (BESS) in the world.
Tyne Clean Energy Park
An exciting opportunity to invest in the North East’s most versatile clean energy park at the Port of Tyne.
Offshore wind floating substructures in Scotland
The UK is the global leader in offshore wind. Now, Scotland is set to become the world’s first floating offshore wind market of scale, propelling the country’s net zero ambitions.
Mining in Cornwall
Key metals and minerals are needed to deliver the technology for the UK’s transition to clean energy, and Cornwall offers significant potential to provide them.
Advanced Manufacturing Innovation District Scotland (AMIDS)
Investment at the Advanced Manufacturing Innovation District Scotland (AMIDS) focuses on re-energising Scotland’s local manufacturing base. Development opportunities include advanced manufacturing, aerospace and commercial offices. Investment opportunities include joint-venture partnerships.
Howbery Business Park in Wallingford, Oxfordshire
Creation of a centre of excellence for water, the environment and climate change, providing opportunities for collaboration across research, innovation and industry
Brent Cross Town
Brent Cross Town will be a new 1 million square metre (10 million square foot) mixed-use neighbourhood spanning 180 acres, with 50 acres of open space, parkland and playing fields.
Fawley Waterside aims to be one of the first net zero smart towns in Europe; spread over 400,000 square metres, it will sit inside the proposed Solent Freeport.
Gateway battery energy storage system in Essex
Gateway will be one of the largest battery energy storage systems (BESS) in the world, with a capacity of 320 megawatts for a 2-hour discharge duration with zero greenhouse gas emissions.
Cardiff Central Quay
A 200,000 square metre mixed-use regeneration scheme adjacent to Cardiff’s Central station, in the heart of the capital city of Wales.
Thainstone Energy Recovery Plant in Aberdeenshire
The Thainstone Energy Recovery Facility (ERF) is a 30-megawatt electricity plant, using 200,000 tonnes of residual waste every year as fuel.
Trafford Battery Energy Storage System
The Trafford Battery Energy Storage System (BESS) is at an advanced stage of development, with a fast-track National Grid connection due to be completed in mid-2023.
Bicester Motion in Oxfordshire
Bicester Motion is a 444-acre branded commercial and leisure destination, strategically located at the heart of the UK’s mobility and tourism industries.
GRIDSERVE Sustainable Energy Ltd – national electric vehicle (EV) charging network powered by renewable energy
GRIDSERVE delivers sustainable energy and moves the needle on climate change with a nationwide electric vehicle (EV) charging infrastructure powered by renewable energy,
Newtown Works in Ashford, Kent
A mixed-use town centre regeneration project offering world-class film studios, apartments and commercial space at a heritage site next to Ashford International Station.
An immediate investment opportunity in a data-driven commercial development that’s focused on sustainability and clean growth.
Arden Cross in the Midlands
Arden Cross is a global destination for innovation, business, learning and living, across more than 140 hectares in Solihull in the West Midlands.
First Street in Manchester
A high-profile opportunity to invest in net zero commercial office space in the heart of Manchester City Centre.
Heath Park in Cheshire
A great opportunity to invest in an innovative, mixed-use regeneration and real estate park that’s focused on market-leading green technology.
An opportunity to invest in a £1.3 billion development along the Thames Estuary – a creative hub and new town centre providing homes, film and TV studios and community and transport infrastructure.
Perth West in Scotland
A strategic opportunity for debt, equity investment, co-investment or development funding to develop a net zero eco innovation business park and city expansion.
Clyde Gateway Green Regeneration Innovation District (GRID) in Glasgow
Thinking globally, acting locally. Clyde Gateway's GRID integrates real estate and climate resilience in a '20-minute neighbourhood' near central Glasgow.
Weavers Cross transport-led regeneration project in Belfast
Located alongside the largest integrated transport hub in Ireland, Weavers Cross is a 121,000 square metre regeneration project of mixed-use space.
Speak to us
The government is identifying new projects across the whole of the UK. Investors who are interested in our projects can find out more by contacting us.Get in touch