Developer appointed to press ahead with controversial Frome scheme
A decision has been made to press ahead with the controversial redevelopment of a former industrial site in the heart of Frome.
The Saxonvale has been left derelict for decades and in recent years there have been two rival proposals for the site.
Somerset Council owns the land and Acorn Property Group was its preferred developer.
Rival community-based developer Mayday Saxonvale also had drawn up plans for the 12 acre site.
At a six hour meeting of the Somerset Council Executive, hosted by Frome Town Council Acorn Property Group were selected as the preferred party.
Members of the Executive considered a range of options, including two unconditional offers from Mayday Saxonvale and Acorn Property Group.
The marathon meeting featured questions from public speakers and input from other Somerset Councillors.
Consultants CBRE UK (Global Commercial Real Estate Services) were present throughout the proceedings to provide expert independent advice to Somerset Council and advised on matters of viability and deliverability.
The councillors considered their legal obligations to seek ‘best consideration’ for all Somerset Council taxpayers when reaching their decision.
Leader of Somerset Council Bill Revans, said: “It was an incredibly difficult decision, but we agreed unanimously to proceed with Acorn Property Group as the preferred party.
“There was clearly an overwhelming desire for all concerned to see progress made at this brownfield site.
“After much consideration, and with considerable burden upon us, made a decision in good faith to proceed down a path which we hope will see the site developed.
Leader of Frome Town Council Steve Tanner said: £We congratulate Acorn – they now have to deliver on the promises made for the sustainability of our town centre, providing homes, jobs, and leisure facilities fit for the future.
“We must take this opportunity to acknowledge the hard work and commitment that Mayday have put into their vision for this site – although disappointing now, their entrance into this arena has ensured a much better outcome for the town.”
