The proposal includes plans for 250 housing units for sale on the current civic centre site and 250 units of housing for build-to-rent.
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The vision for the site also includes:
- the potential for a multi-purpose performance venue, with a capacity of around 1,200 seated or up to 2,500 standing
- a 10-storey, four-star hotel with 175 rooms and a budget hotel
- almost 40,000 sq ft of retail units fronting Sidwell Street
- the potential to house the relocated civic centre
- a new office quarter, with units over eight storeys
- more than 15,000 sq ft of food and drink outlets
- flexible working space alongside the leisure centre
- public realm enhancements – a new square in Paris Street and new civic space
Karime Hassan, chief executive and growth director at Exeter City Council, said: “The development concept provides a mix of uses that will complement the high street, supporting both the daytime and night-time economy, and responds to the demand for housing and offices within the city centre.
“This is a major and vital investment in a key site, adding almost a million square feet of additional development.
“Everyone knows the difficulties retail is facing.
“We need to ensure Exeter city centre is viable, sustainable and continues to thrive, and this investment is crucial for the city.”
Picture attributed to Exeter City Council