Frasers buys Princesshay shopping centre as part of wider retail space acquisition
Mike Ashley-owned sports goods and retail group buys 400,000 square feet centre outright from The Crown Estate and Nuveen for a reported £80 million.
Paternoster House flats described as “blueprint for Exeter’s future” marketed for rent at up to £3,500 per month
Standard minimum earnings eligibility threshold to rent each of four city centre flats so far completed ranges from £71,500 to £104,000 per annum, three times Exeter median wages, while best-paid 10% in Devon earn £52,400.
Council confirms Royal Clarence Hotel restoration start date still not set
Plans to renew historic building destroyed in October 2016 fire approved nearly two years ago following failure of first reconstruction project but developer has yet to discharge any consent conditions and financial viability of plans remains in doubt.
Musgrave Row pedestrian zone marred by moving traffic offences
Survey suggests 30,000 prohibited private cars pass through street each year as a result of confusing signage, inconsistent restrictions and lack of enforcement.
Developers claim council planning committee refusal was “if not malevolent, certainly misguided”
Appeal against decision to deny fifth additional storey in build-to-rent scheme above Crankhouse Coffee accuses councillors of seeking to “appease the weight of objectors’ orchestrated opinion” against amendments to eleven year-old consent.