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Home » The Development » Masterplan
Unrivalled in size, scale and opportunity, Teesworks is the UK’s largest and most well-connect industrial zone.
The site itself covers 4500 acres, with over £200million already committed to remediate and prepare land for development. Alongside Teesport and Redcar Bulk Terminal, an all new 1km quay will provide a gateway to global markets.
At the heart of the site, Net Zero Teesside will be the UK’s first carbon capture utilisation and storage facility, capturing the same amount of energy annually as over three million homes. Inline with national efforts and Teesworks’ clean energy commitment, the project is set to decarbonise the area’s carbon-intensive businesses by as early as 2030.
Crucially, Teesworks will create 20,000 new jobs and contribute £1billion a year to the wider Tees Valley economy; helping to deliver both the UK’s industrial and economic strategy, as well as the Northern Powerhouse Initiative.