The financial close gives the go-ahead to Sir Robert McAlpine, Parsons Brinckerhoff and Robertson Capital Projects to start work on four city schools. They are the partners of the local education partnership Aura Newcastle.
Financial close on the other four schools making up the second phase is expected later this year.
All eight schools are due to open their doors by the end of 2012, bringing the total number of BSF schools in Newcastle to 16.
“The second phase of our BSF programme will transform a further eight secondary and specialist schools across the city,” said Kirsty Thirlwell, Aura Newcastle’s chief executive.
ADVERTISEMENT“This builds on the success of the programme’s first phase, which has already delivered eight schools in the city.”
The four schools are Gosforth High School, the largest in the second phase with nearly 1,800 pupils, St Cuthbert’s RC School and special schools, Trinity Dene View and Trinity Oakfield.
Aura is delivering and part-funding the Newcastle BSF programme. It is also designing, building and maintaining the schools and has already delivered more new BSF schools across the country than any other local education partnership.
Tennessee’s jobless rate is worse than it looksCarillion reaches financial close on £500m Durham BSF