The 450,000-sfscheme is retail-led, and will be anchored by a 120,000-sf department store supported by four large stores and over 50 new shops. More than 100 apartments and a range of cafes and restaurants, opening out into a series of new public squares are integral to the masterplan.
It is anticipated that construction work will begin in Autumn 2003, with the new mall opening for trade by Autumn 2006.
Land Securities Group Chief Executive Ian Henderson said: "Land Securities has long been committed to the regeneration of Exeter and we are delighted that the Deputy Prime Minister has endorsed our plans to create a vibrant new heart for Exeter with the largest single investment in its history."
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