NE1 Overview and Events
1,372
Number of hereditaments
1.5%
Levy rate
£2.2mn
Annual levy value
5 years
BID term (1st April 2024 - 31st March 2029)
93%
In favour of Renewal at the last ballot (Oct 2023) (up from 88% in 2018)
46%
Renewal vote turnout (Oct 2023)
330,000
Visitors attracted to events delivered by or supported by NE1 in 2023
£2mn+
Boost to business during NE1 Restaurant Week - putting on 2 events per year with over 100 participating restaurants
50,000+
Visitors to NE1's activities in Old Eldon Square in the summer of 2023
£8.2mn
Economic impact generated from Magic Weekend
£9.2mn
Economic impact generated from Northern Pride
180+
Free activities hosted on the Quayside during NE1's Summer in the City
Retail Core
£37mn+
Funding secured for the City Centre Transformation Programme
Autumn 2024
Completion date for Grey Street works
8
Streets and areas in the Retail Core included in the CCTP
Marketing
210,000+
Followers on social media
4.1mn
Pages of content viewed on the Get into Newcastle website in 2023
4.2mn
Social Media video views in 3 months
50,000
Copies of the NE1 magazine printed annually
Bigg Market
£1.6mn
HLF allocated funding
£3.2mn
Total project value
£60mn+
Private sector investment
330+
New jobs created in the area
NE1 Street Rangers and Clean Team
7,000
Black bags of litter removed from the city's streets per annum
4,500
Rapid response Clean Team jobs completed per annum
700
Graffiti-removal jobs in the last 12 months
5,500
Business interactions annually
NE1 Can
853
Young people worked with in 2023
40
Employer-led events in 2023
150+
Attendees to NE1 CAN's Entrepreneurial Insights event
7,960
Young people worked with since 2016
Newcastle City Marina
5,000
Boat visits per launch
5 x
The marina has paid for itself five times over since launch, in visitor spend
£250,000
Visitor economic impact in 2016/2017 season
1,000 sq ft
World's first floating nature island installed adjacent to the Marina
Central Station
£24.5mn
Combined total value of the project
7.5mn
Total annual station visitors
1,845
Jobs created (166 direct and 1,679 indirect)
£5mn
Value of RGF awarded to NE1