Bath & North East Somerset Council’s property development company has picked up an award for its work on the Riverside View project in Keynsham.
Aequus, set up by the council to develop and deliver property for rental and ownership, was presented with the 2019 Developer Award at the Bath Property Awards on 15th November.
The prestigious award came in recognition of Aequus’ Riverside View development on the site of the council’s former offices in Keynsham, where 95 contemporary studio, one and two bedroom apartments have been created as a key part of the town’s regeneration.
The Bath Property Award judges noted that Aequus’ “vital work is helping Keynsham’s regeneration, including the success of Riverside View, with 80% of units sold off-plan. It’s becoming an exemplar developer, delivering affordable, low-energy homes in the locality.”
Martin Shields, the council’s Corporate Director, said: “Aequus has done some excellent work in redeveloping this important site that supports Keynsham’s regeneration.
“I am pleased to congratulate Aequus on the industry recognition it has received for developing this empty building, which provides much-needed housing in the town.”
Aequus Developments Ltd was established in 2016 by the council to develop, deliver, own and manage property for both the rental and homeowner market.
It has a number of objectives including supporting the council’s ambition to help create an ongoing supply of modern energy-efficient and sustainable homes, to be fully compliant in the provision of affordable homes, to improve the supply, quality and quantity of private rented housing across the district and to generate income for the council.
Aequus Chairman Charles Gerrish and Non-Executive Director Les Kew collected the award. Charles Gerrish said: “I was delighted to collect the award on behalf of Aequus which l believe recognises our approach to regeneration and sustainability and reflects the hard work of all those directly involved.”