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Major data store centre likely to lure big names.

Europe Intelligence Wire

| April 30, 2009 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Journal)

Byline: Peter McCusker

ONE of the country's biggest data storage centres is to be built on North Tyneside in a pounds 175m development which could attract more blue-chip companies to the region.

Developer Highbridge Business Park has secured backing for the construction of a technologically advanced centre at its Cobalt Park from a group of wealthy investors.

Work will begin within weeks on the 46,000sq ft centre, next to the former Atmel factory. It is expected to create 60 high quality jobs for engineers and IT specialists.

Microchip maker Atmel closed there at the end of 2007 with the loss of more than 600 …

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