North Tyneside Council is pitching to developers to invest part of £50m to transform the former Swan Hunter shipyard.It is inviting companies to help build warehouses, offices and a "learning village" that could then support thousands of jobs in the off-shore marine sector, among others.
The council told North East Tonight that around 40 companies have already signed up to an open day to visit the site, ahead of the procurement process.
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Kerrie brings you Saturday night's forecast
Mostly fine and dry with sunny spells for the rest of Saturday. Cloudier, cooler with the risk of rain/drizzle into Sunday
A lorry driver from Northumberland has been found guilty of trying to smuggle half a million fake pound coins into the UK.