'Seaton Quay' is vision for Racal site

PUBLISHED: 13:35 07 October 2008 | UPDATED: 22:25 15 June 2010

A COMPANY has unveiled ambitious plans to regenerate part of Seaton, on the site of the former Racal building saying it will increase affordable housing and create employment.

A COMPANY has unveiled ambitious plans to regenerate part of Seaton, on the site of the former Racal building - saying it will increase affordable housing and create employment.After seven years of working on the plans, Axe Riverside Company put in an application to East Devon District Council on September 22 for an area they have branded as 'Seaton Quay'. The company is offering a contribution of £375,000 towards an employment site in Seaton of a similar size to the Racal one, which has been demolished. A further £162,508 is being suggested as a contribution for formal recreation provision. The proposal states the development would provide 90 new waterside homes, of which 40 per cent would be affordable homes for local people. It is hoped this will also help increase spending in the town.The applicant has also put forward a link from the harbour and seafront to the river frontage and proposed Wetlands, to open it up for public use. The company also plans to provide some flood defence for the town.Chairman of Axe Riverside Company Edward Willis Fleming said: "Recently there has been a public swell in the support for investment that would encourage news affordable homes, environmental improvements, employment opportunity and strategic and local recreation opportunities. "Despite the difficult times in the financial markets, we believe now is the right time to uncover our recently developed proposals."The town has suffered as a result of lengthy delays in securing development that can deliver public and local benefit. We believe this application could be the start of something very exciting in the town."The submission of the application has been managed by Context Logic Limited. The architects are Batterton Tyack Associates. The application is supported by separate documents produced by Jubb Consulting Engineers Limited and King Sturge.


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