Redevelopment of Vaux site to create thousands of new jobs

European money is being used to transform a part of Sunderland city centre as well as creating thousands of jobs in the local area.

The Vaux site has been undeveloped since the brewery closed in 1999.

The Vaux site has been undeveloped since the brewery closed in 1999 Credit: ITV News

The European Regional Development Fund has now announced that it is investing more than two million pounds into the site - a figure that is also being matched by Sunderland City Council.

The investment and development could result in as many as 4000 private sector jobs being created at the site.

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