Work will transform the canal side former Haven Banks retail park into a residentially-led mixed use development containing 423 new homes, commercial/retail uses, high-quality public realm and comprehensive new landscaping.

Colin McQueston, Head of Development at Coplan Estates, said: “This scheme will be transformative for Exeter and a major strategic move to address the city’s housing need.  Our plans to repurpose a brownfield, waterside retail park into a vibrant new piece of the city offer a glimpse of the future and the wider Water Lane regeneration area.

“It’s excellent to have a local planning authority grasp the nettle on intensification and high-quality, urban living and we’re looking forward to repaying that trust by delivering an outstanding development.  We want to move forward as quickly as we can and, subject to completing the S106, will be targeting a start on site in late 2024.”