Eutopia Homes has secured planning for a £130m intergenerational resi scheme on a former Network Rail site in Exeter.

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Eutopia Homes scheme will be on a 15-acre brownfield site

Eutopia Homes’ 465-home development will comprise 230 BTR units and 122 units for open market sale on a 15-acre brownfield site close to the city centre. Sixty-five of the units will be extra-care homes and 48 will be affordable housing for social rent or shared ownership.

The scheme will also feature onsite amenities such as co-working space, a gym and a residents’ dining room.

“Our plans will see the creation of a new urban village right in the heart of Exeter and will support the city’s long-term growth by providing much-needed housing across a range of tenures and price points,” said Scott Hammond, founder and chief executive at Eutopia Homes.

Europia Homes hopes to start on site later this year. It acquired the site from Network Rail in October 2018 with Chenavari Investment Managers.