The Royal Clarence scheme proposed by Akkeron represents a major investment in Exeter city centre and its destination offer, while the creation of residential units would further increase vibrancy in the city centre, bolstered by other recent residential conversions completed in Cathedral Yard.
Economic benefits include the creation of 180 full time jobs in Exeter during the construction phase, as well as 44 full time jobs in commercial activity once the scheme completes.
The proposals suggest a vibrant ground floor hospitality complex featuring a large restaurant, two function rooms and a bar replacing the Well House Pub, all created to a high-quality specification blending the historical fabric of the building with modern development features.
The upper four floors would offer two and three-bed apartments retaining as much heritage as possible to showcase unique historical features, with three duplex apartments over two floors, including one duplex with its upper storey set back on a fifth floor above ground floor.
Apartments on the upper floors would enjoy far-reaching views across Exeter city centre, and the creation of residential units within the building would reinforce the increased vibrancy in the city centre bolstered by other recent residential conversions completed in Cathedral Yard.
Central to the scheme is the intention to restore and retain the original façade of the building facing the cathedral, ensuring the Royal Clarence remains respectful of its place in the city and in Cathedral Yard.
The proposals are ready to be progressed, subject to their being granted full planning and Listed building content.