Acorn Property Group has been chosen as the preferred developer for the 12-acre Saxonvale site in Frome.

At a meeting of the Somerset Council Executive, hosted by Frome Town Council at the town hall yesterday (31 July 2024), the Bristol-based firm was 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 six-hour "marathon" meeting featured questions from public speakers and included input from other Somerset councillors.

Leader of Somerset Council, Cllr 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.

Consultant CBRE UK (Global Commercial Real Estate Services) was present throughout the proceedings to "provide expert independent advice" to Somerset Council and "advised on matters of viability and deliverability".

In reaching a decision, Members considered their legal obligations to seek "best consideration" for all Somerset Council taxpayers.

Leader of Frome Town Council, Cllr 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."

Further due diligence will now be undertaken as the council moves towards next steps.

A public commitment was made by Cllr Revans, that local members will be kept informed of matters.

Acorn Property Group plans to develop the site into a mixed-use, "sustainable neighbourhood" with "contemporary, high-quality, living and work spaces" including affordable housing and public areas.

You can discover more about the path to progress by exploring our dedicated Saxonvale webpage here: Saxonvale in Frome (somerset.gov.uk).