Plans which aim to attract more than 6,000 new private sector jobs to a business park in Durham City over the next 20 years, has been given the green light.
Following endorsement by Durham County Council, January 17, the masterplan for Aykley Heads - home to Atom Bank and Salvus House - will now progress and a delivery model will follow later this year.
Experts say the plans could bring as much as £400 million into the County Durham economy.
The Aykley Heads redevelopment is supported by a number of regional organisations including the North East LEP and North East England Chamber as well as Durham University.
More than 1,300 people (excluding council staff) are already employed across the site by 40 companies and there is currently very strong interest from a business looking to move into Northumbria House.
The redevelopment of Aykley Heads is planned across three phases - with the first phase likely to progress in the near future.
Full details are outlined here.