Skip to Content
Adderstone Living

Laurel Cove, North Shields

Sector Affordable Housing / Residential
Address Laurel Way, Stephenson street, North Shields, NE30
Project Type Residential
Forecast Completion Date March 2026
Project Architect IDP
Gross Development Value £6,613,764

Laurel Cove is a 28-home scheme delivered by Adderstone Living on the site of the former Unicorn House office block in North Shields town centre. The development brings a mix of three and four-bedroom houses and one and two-bedroom apartments to Laurel Way, all available through Shared Ownership and Rent to Buy.

The scheme forms part of North Tyneside Council’s North Shields Town Centre Masterplan, transforming a derelict office site that had stood empty for more than seven years into new homes within walking distance of the Fish Quay and riverside. Alongside the build itself, Adderstone Living supported the North Shields mural project, contributing to a neighbourhood people are proud to call home.

Now complete, Laurel Cove was delivered in partnership with Karbon Homes and part-funded through Karbon’s strategic partnership with Homes England.

News

Karbon Homes – Spring construction start for new homes in North Shields town centre

Unicorn House
Unicorn House

Laurel Way, Stephenson street, North Shields, NE30

Similar Projects

West Denton, Newcastle

Completed in October 2024, the £7.37m West Denton development in partnership with Karbon Homes delivered 45 affordable homes in Newcastle, alongside new public space, parking and sports facilities.

Todd Hill Farm, Consett

55 homes consisting of 2 and 3 bed houses and 2 bed bungalows for affordable rent, shared ownership or rent to buy.