(1) Land at Anchorwood Bank, (approximately 10 hectares) as shown on Policies Map 1, is identified for a comprehensive, sustainable, high quality, mixed use development that includes:
(a) approximately 172 dwellings, the size and tenure of which will be reflective of local needs;
(b) approximately 6,000 square metres net retail floorspace and additional leisure, tourism, commercial and community facilities;
(c) new pedestrian and cycle links along the river frontage between the Tarka Trail and the Longbridge and enhanced pedestrian and cycle links over the River Taw; and
(d) provision within the site for physical infrastructure, community facilities, and green infrastructure required by the development.
(2) The site will be developed to deliver the following site specific development principles:
(a) retention and conversion of the Oliver buildings;
(b) adequate flood alleviation measures to manage and mitigate risks from flooding;
(c) vehicular access to the A3125; and
(d) balancing ponds to control surface water runoff and prevent increasing the risks of flooding elsewhere in Barnstaple.