Frome council rejects residents’ plan for £1m Saxonvale redevelopment
More than 1,000 Frome residents raised almost £1m for a community-led scheme at the town’s brownfield Saxonvale site. The proposal included homes, workspaces, a riverside park and a lido, but Somerset officials have agreed a deal with a London-based real estate company instead.
A regeneration proposal backed by Frome residents has been rejected after Somerset officials agreed a deal with a London-based real estate company, according to the supplied source material. The Mayday Saxonvale scheme was intended to transform a brownfield area in the centre of Frome, a town in Somerset in England’s West Country. More than 1,000 residents contributed to the project, raising almost £1m.
The community-led plans included new homes and workspaces, as well as a riverside park and a lido. The source material describes the proposal as potentially the largest community-led regeneration project in the UK. The residents’ fundraising effort is now described as being “in tatters” following the council decision.
The material does not provide details of the competing company’s plans, the terms of the agreement, or the timetable for redevelopment. It also does not set out the council’s reasons for rejecting the residents’ bid or include responses from the community group, Somerset officials or the real estate company. The available information therefore establishes the outcome and the broad features of the proposed scheme, but not the next steps for the Saxonvale site.
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.