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Concord Developments Ltd.

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Suite 4 Parsons House
Parsons Road
Washington
Tyne & Wear
NE37 1EZ


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developments

1. the process of developing; growth; progress:
2. a significant consequence or event: recent developments in science.
3. a developed state or form: Drama reached its highest development in the plays of Shakespeare.
4. Music.the part of a movement or composition in which a theme or themes are developed.
5. a large group of private houses constructed as a unified community, esp. by a developer or government organization
Real estate development is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved parcels to others. Developers are the coordinators of the activities, converting ideas on paper into real property.

Real estate development is different from construction. Developer Louis Lesser drew the distinction in a 1963 New York Times article, "Developing is the key word. ''We don''t build ourselves'', Mr. Lesser stresses. ''We buy the land, finance the deal, and then we have the best builders build under bond at a fixed cost.''

Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control and orchestrate the process of development from the beginning to end. Developers usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards. Typically, developers purchase a tract of land, determine the marketing of the property, develop the building program and design, obtain the necessary public approval and financing, build the structure, and lease, manage, and ultimately sell it. Developers work with many different counterparts along each step of this process, including architects, city planners, engineers, surveyors, inspectors, contractors, leasing agents and more. In the Town and Country Planning context of the UK, ''development'' is defined in the Town and Country Planning Act 1990 s55.

washington

Washington is a town in the City of Sunderland in Tyne and Wear, England. Historically part of County Durham, it joined a new county in 1974 with the creation of Tyne and Wear. Washington is located geographically at an equal distance from the centres of Newcastle, Durham and Sunderland, hence it has close ties to all three cities.

Washington was designated a new town in 1964 and expanded dramatically by the creation of new villages and the absorption of areas of Chester-le-Street to house overspill population from surrounding cities.
There are several proposed theories for how the name "Washington" came about. The three most discussed are detailed below. The titles of the three different theories, e.g. "Gaelic origin", are not formal titles, but merely used here to distinguish between them.
Historically, Washington was heavily involved in the coal industry with a number of pits. One of these in the Albany district of Washington is preserved as the ''F'' Pit Museum . A number of the old communities of Washington grew up around the pits . In support of the mines there was a series of wagonways and later railway lines to transport the coal. The wagonways took coal to staithes on the River Wear where it could be loaded onto barges to be taken to the ocean going vessels at Sunderland.

Washington was also involved in the chemical industry and the Washington Chemical Works was a major employer in the 19th century. This later became the Cape/Newalls Works producing insulation. The Pattinson Town area of Washington grew up around the chemical works. This area is now Pattinson industrial estate and Teal Farm housing estate.

Currently, Washington''s main industries include textiles, electronics, car assembly, chemicals and electrical goods. The Nissan automotive plant is a major employer. Nissan is the largest private-sector employer in the City of Sunderland.

tyne & wear

Tyne and Wear is a metropolitan county in North East England around the mouths of the Rivers Tyne and Wear. It came into existence as a metropolitan county in 1974 after the passage of the Local Government Act 1972. It consists of the five metropolitan boroughs of South Tyneside, North Tyneside, City of Newcastle upon Tyne, Gateshead and the City of Sunderland.

North Tyneside and Newcastle upon Tyne had previously existed within the historic county of Northumberland, whereas South Tyneside, Gateshead and Sunderland were all previously within the borders of County Durham, with the River Tyne forming the border of the two counties.

Tyne and Wear is bounded on the east by the North Sea, and as a Ceremonial county, shares borders with Northumberland to the north and County Durham to the south.

Tyne and Wear County Council was abolished in 1986, and so its districts are now effectively unitary authorities. However, the metropolitan county continues to exist in law and as a geographic frame of reference.