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| New status for tunnel | ||
| During a visit to the region, government minister Alan Howarth granted the Tyne cycle and pedestrian tunnel Grade II listed status.This means that the tunnel is recognised as being of historic importance and architectural merit. The tunnel is free for the public to use and the PTA will ensure it remains so once the private sector Concessionaire is appointed to operate all the Tyne Tunnels. Grade II listing means that the pedestrian and cycle tunnel now enjoys statutory protection against inappropriate development or alteration. Around 1,000 people still use the cycle and pedestrian tunnel each day. It is hoped that this figure will increase with the development of the national cycle network. | Report to put house prices under microscope The PTA and advisers recently met with members of the St Pauls’ Area Residents Association (SPARA) to discuss their concerns over falling property values in the area. The PTA is to fund an independent report by a local estate agent which will examine the change in house prices. Local MP Stephen Hepburn has also met with the PTA to discuss residents’ concerns. | |
| Who’s who... | ||
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Tyne & Wear Passenger Transport Authority (PTA)... Professional advisers |
engineers Posford Duvivier, legal advisers Herbert Smith, financial consultants KPMG and Newcastle-based chartered surveyors Lamb Edge. Concessionaire |
For more information |