World鈥檚 wealthiest artist to create new neighbourhood at seaside town

The world鈥檚 richest artist, Damien Hirst, has unveiled his plans for a 750-home development on the edge of the seaside town of Ilfracombe in North Devon.

The plans for Hirst鈥檚 land, which aim to accommodate all the town鈥檚 expansion up to 2031, are currently open to consultation with local people before being submitted for planning permission later this year.

As well as new housing, the masterplan includes a mixed-use neighbourhood hub with a new primary school, community, medical, local shopping and employment facilities.

The team developing the plans consists of consultant David Lock Associates, project manager and cost consultant Jackson Coles, architect MRJ Rundell Associates and surveyor Andrew Watton.

Will Cousins, partner at David Lock Associates, said: 鈥淎s a landowner Damien Hirst is committed to the masterplan approach being taken forward providing for resource-efficient and sustainable designs of the highest quality鈥