They said its infrastructure would not be able to cope with such a large increase and it would change its character from a village to "an urban sprawl".
Lloyd said that when he and writer Moore created the character of V they had a basic idea of an urban guerrilla fighting a fascist dictatorship but wanted to inject more theatricality into the story.
However, the report did warn that Tyneside could still fall into the trap of 'buzz to bland' if the creativity and character of the area is lost in the commercial development rush of urban regeneration.