Plymouth University has announced it is collaborating with the not-for-profit company which has been working tirelessly to ensure its former Rolle College campus in Exmouth is maintained for the community.
The aim is that the collaborative project between Rolle Exmouth Ltd (REL) and the university, which owns the seven acre site, will improve the viability of the vision for the site to provide educational, business and community facilities.
A residential development on part of the site alongside the provision of these facilities is also envisaged.
Roy Pryke, REL chairman , said: “This is a significant change from our original business plan and gives greater flexibility. The aspiration is to establish a coherent mixed use for the former Rolle College site which makes financial sense while ensuring that the key objectives are achieved.”
Opposition to the whole of the site being turned into a residential development has been widespread in the town since the closure of Rolle College was first mooted in 2005. After an initial three-year campaign, REL secured an agreement with the university to retain the site for educational, employment and community purposes.
A special general meeting of more than 500 REL shareholders will be held on April 30.