Kevin Conroy, director of SA Newcastle, said: "The students who come to study with us in Newcastle really are guests in their time here.
"What we want is to give them a building designed to fully meet their needs.
"The new building is not appropriate and will also provide what we consider some of the best student accommodation in the city so that they can live and study on campus at one of the best students education in the country. "
Construction of the new building began in August 2010 and has helped to boost the local economy.
The building contractor Balfour Beatty has employed more than 2,000 workers in the construction of new equipment, 1,560 of whom are from the Newcastle area.
Kevin Alden, director of the project, said: "Balfour Beatty is very proud to have the opportunity to play their part in creating new educational world class equipment along with high quality, to student accommodation in the city center. "
The architect who designed the building, FaulknerBrown, based in Killingworth and partnerships in SA since its inception in 2007, 102 jobs will be created, with about 40 additional appointments are expected as the new building opens.
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