Establishment of a Limited Liability Partnership for the Regeneration of the Bath Quays Residential Development Plots (WL)

December 2, 2025 Council Leader (Other) Approved View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

...to incorporate the Aequus Regeneration Bath Quays Limited Liability Partnership, with Aequus Construction Ltd holding a 1% share, to deliver housing regeneration projects at Bath Quays.

Full council record

Purpose

Approval to form an Aequus B&NES Limited
Liability Partnership for delivery of housing regeneration
projects.

Decision

To agree to the incorporation of the
Aequus Regeneration Bath Quays Limited
Liability Partnership (LLP) with a 1% share for Aequus Construction Ltd.

Reasons for the decision

The Council has been promoting and delivering
Bath Quays to create a new business district for the city through a
comprehensive approach to development since 2015.
 
The next phase of regeneration will comprise
the three residential Plots, Plot 2 (Bath Quays South) and Plots 6
& 7 (Bath Quays North). A delivery vehicle structured as a
Limited Liability Partnership between the Council and ACL provides
an efficient regeneration vehicle to deliver these plots.
 
The principle of Aequus Group establishing an LLP to deliver future
housing projects was approved at the Investment Forum Board and the
Aequus Board approved, in June
2025.

Alternative options considered

None.

Supporting Documents

E3648 Decision - Aequus Regeneration of Bath Quays Limited Liability Partnership.pdf
E3648 - Establishment of a Limited Liability Partnersip for the Regeneration of the Bath Quays Resid.pdf
E3648 - Exemption Certificate LGA-2627136.pdf
E3648 - Appendix 1 - LLP Members Agreement.pdf

Details

OutcomeApproved
Decision date2 Dec 2025