In a move that has piqued the interest of discerning investors and developers, Exeter has introduced a meticulously designed urban development plan. The Exeter Plan, recently revealed, presents a calculated and potentially lucrative investment opportunity, with the potential to yield significant financial returns.

The Exeter Plan, an extensive document outlining the city’s development policies for the next two decades, marks a significant departure from the existing Local Plan. At its core lies a new spatial strategy, poised to redefine the city’s layout and development dynamics.

What elevates this opportunity to prominence is the Exeter Plan’s pronounced focus on channeling substantial development towards brownfield sites—formerly utilized lands. This strategy champions high-density urban development, including taller structures and expansive urban spaces, all concentrated within closer proximity to the city center.

The overarching objective is unmistakable: to address Exeter’s pressing housing needs while meticulously preserving its verdant expanses, both within the city and its outskirts. This delicate equilibrium between urban expansion and environmental preservation underscores the appeal for prospective investors and developers.

Councillor Emma Morse, Lead Councillor for City Development, emphasizes, “The spatial strategy aligns seamlessly with Exeter’s Vision 2040, encapsulating our steadfast commitment to achieving net-zero emissions, enhancing public health, reinvigorating the city center, and nurturing cultural diversity.”

Further avenues for participation are accessible through consultation on two supplementary documents:

Public consultation for both SPDs remains open until Monday 4 December, an embodiment of the commitment to inclusive and well-informed decision-making.

Exeter’s metamorphosis beckons, extending an enticing and calculated investment prospect to investors and developers with a keen financial acumen. For those considering Exeter, the moment is ripe. For additional information or inquiries, please contact the Local Plans team at 01392 265080 or via email at [email protected].