In a new plan to drive growth in housing, office space, restaurants, shops in the city, in addition to a multi-use entertainment venue, £300m will be invested to develop a location right in the heart of Exeter.
The revealed designs showcase a ten-storey, four-star hotel with 175 rooms, around 40,000 sq ft of retail space on Sidwell Street, a new ‘Office Quarter’ rising to eight storey, space for the moved Civic Centre, and 15,000 sq ft of restaurant outlets. The plans for the bus station include up to 250 housing units that are for sale at the current Civic Centre site, in addition to 250 units to rent dwellings.
Karime Hassan, the chief executive and growth director of the authority comments, “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.”
There are talks going on for the possibility of a new multi-use entertainment centre with a 2,500 standing capacity, enhancing the public realm, and pedestrianising Paris Street. The total budget for the redevelopment scheme places around £51.8m.
Pete Edwards, Council leader, adds, “Redeveloping this site has been a key priority for years and I am delighted that we are now in a position to move forward with a scheme that serves the needs of everyone who lives, works and visits the city – it includes leisure, health, and fitness, much-needed housing, office space, restaurants, and retail. These plans are very exciting for Exeter, and the new facilities are long overdue.”
The new plans will be discussed by the council’s Leisure Complex and Bus Station Programme Board next week. If the councillors support the new designs, the final contracts for the main build programme may be signed by December.