Deal signed to develop new care home and assisted living units in Exeter

Acorn Property Group has exchanged on the sale of 2 acres of land adjacent to their forthcoming one hundred and forty-six unit scheme at St Leonards in central Exeter. The site has been purchased by the Care and Retirement specialist Castleoak who will develop a sixty-one-bed care home along with sixty-eight assisted living units.

The care home and assisted living units, together with a pre-school, form part of Acorn’s vision for the site which includes 1 & 2-bedroom apartments and 3, 4 & 5-bedroom houses, 24 per cent of which will provide Affordable accommodation.

The Royal Academy for Deaf Education will move to new, state of the art facilities in Exmouth.

Ed Lewis, Regional Director Acorn Exeter, said: “We look forward to developing the site with Castleoak to provide a scheme which addresses both housing and care home needs in Exeter, creating a genuine community for all ages.”