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Frome community group
A community-led, not for profit group seeking to redevelop 10 acres of brownfield town centre land in Frome, Somerset.
Stories is the preferred development partner to Mayday Saxonvale, a community-led not for profit group seeking to redevelop 10 acres of brownfield town centre land in Frome, Somerset.
An outline planning application has been submitted and negotiations with Mendip District Council are ongoing.
Partnership
A joint venture with a community-led group, with surplus profits retained by the community. This scheme has led to a great deal of interest in the capacity for the private and not-for-profit sectors to collaborate for effective outcomes
ESG
The scheme and approach to delivery and funding is expressly directed at creating long term social and economic value for, and by, the people of Frome. The scheme includes 40% affordable housing, new workspace a lido and spa and land for a new school
Complexity and risk
Route to control of the site remains a complex procurement process. Development will need to consider historic buildings and floodplain.
Stories role:
Principal Developer
Sector:
Mixed use, community-led
Location:
Paddington, London

