Exeter is expected to receive over £ 1million in government funding for three major projects.
The Exeter allocation is part of more than £ 2.3million in government funding that has been awarded to a partnership of Devon councils to implement local regeneration and economic stimulus programs.
In Exeter, the funding will be used to provide 134 new, low-carbon, resilient Passivhaus homes at the Clifton Hill and Vaughan Road sites. Funding has also been awarded to the Marsh Barton Delivery Framework to examine how this part of town can be redeveloped to provide a new urban mixed-use neighborhood.
Across the county, the Devon and Torbay One Public Estate Partnership (Devon County Council, Exeter City Council, Torbay Council and Torridge District Council) received £ 330,000 from One Public Estate (OPE) funding and £ 2,017,568 from Land Release Fund.
The OPE program aims to help councils implement initiatives that create economic growth by freeing up land for new homes and jobs; provide new opportunities to save on operating costs or generate income; or the transformation of services.
The Marsh Barton Delivery Framework received £ 150,000 for feasibility studies, a master plan and the development of a delivery framework. The works will examine how to unlock the redevelopment of this part of the city to deliver a new mixed-use city district. Redeveloping Marsh Barton in this way will contribute to the success and achievement of the Liveable Exeter program and help the city achieve its 2040 Vision and Net Zero ambitions.
the Land Liberation Fund supports small-scale infrastructure works to improve quality of life and overcome obstacles that would otherwise make land unusable for development. Funding for land release has been allocated to:
In Exeter, the projects that will benefit from LRF funding are:
Clifton Hill, Exeter, which will receive £ 425,000 for demolition and placement work. The site will be redeveloped by Exeter City Living (a development company wholly owned by Exeter City Council) to provide 42 new ‘Passivhaus’, low-carbon, climate-resilient homes as part of the council’s 2040 vision with an emphasis on ‘creating places’ – which shapes the places people live, in neighborhoods. The development, which has been designed in accordance with the principles of building biology, has received a Building with Nature Design award and is expected to begin on site early next year.
Vaughan Road, Exeter, which received just over £ 795,000 for demolition, site clean-up and placement work. The site will be redeveloped by Exeter City Living to provide 92 new, low-carbon, climate-resilient Passivhaus apartments, 60 of which will be affordable for the council’s housing income account. This site is again designed in accordance with the principles of building biology and is also part of the Council’s 2040 vision with an emphasis on the creation of places. The project is expected to start on site later this year.
Councilor Laura Wright, Deputy Head of Exeter City Council, said: “This is great news for Exeter, with both funding for the progress of the Liveable Exeter program and funding for land clearance that will help us. to advance our essential housing plans. “
Councilor Rufus Gilbert, Cabinet Member of Devon County Council for Economics and Skills, said: “There was a strong demand for these two funding pots, so I am delighted that these projects were selected for. help achieve program goals. This shows what we can achieve in the county by working closely with our partner authorities. “