The Elswick Riverside Masterplan aims to transform the area into an active, inviting, and well-connected space by realizing its riverside location near Newcastle City Centre. The plan proposes several projects over multiple years including creating a riverside park, improving community facilities, enhancing the built environment, developing residential and commercial spaces, and improving connectivity and pedestrian access. A monitoring system will track the plan's success in achieving the vision and priorities around increasing visitors, housing, and usage of new amenities. Funding may come from public, governmental, European, voluntary, and private sources.