Property Development

Property Development

Clifton Hill redevelopment illustrative elevation

Revised proposals to sell council land for co-living and high-spec housing discount site viability issues

Council leader’s Clifton Hill and Mary Arches car park sale amendments agreed by Executive without discussing financial consequences, including multi-million pound value losses compelling sale of other assets to cover Exeter City Living debts.

Exeter City Living hoarding at Clifton Hill sports centre development site

Exeter City Living to be all-but wound up after £4.5 million losses with £10 million owed to council

Council expects resulting resale value of surrendered Clifton Hill development site not to cover company’s debts, with remaining losses to be written off, as Liveable Exeter vision thrown into doubt and councillors evade responsibility for failure.

St Thomas library

St Thomas library forced to relocate when lease expires in November

Landlord Exeter Estates Holdings, controlled by Exeter Chiefs CEO and chairman Tony Rowe, sought substantial rent increase after withdrawing planning application to demolish library building and replace it with block of thirteen flats.

The remains of the Royal Clarence Hotel in Cathedral Yard

Royal Clarence Hotel rebuild finally granted planning permission

Agreed developer contributions do not include planned education provision and may be significantly reduced after construction is complete.

Howell Road garage covered in graffiti

City council grants Howell Road garage flats permission despite pending PBSA appeal on same site

Developer still aims to build student accommodation block saying flats would be ‘backstop’ against loss of appeal while St James residents concerned students will occupy development either way.

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