Artworks Elephant
Project Name | Artworks Elephant |
---|---|
Location | London |
Project Partners | Lendlease, Stow Projects, Southwark Council |
Building Type | Mixed-use cargo containers: Commercial, food & beverage, library |
Project Status | Completed 2018 |
Work Area | Social Value |
Measurement Experts | Envoy Partnership |
Assessment Duration | 2018 |
Social Value
Project Overview
Artworks Elephant was an interim-use project, commissioned by Southwark Council and operated by Lendlease and Stow Projects. It offered affordable incubator space for the Elephant and Castle community, and also provided a colourful ‘festival’-type public space for shops, cafes and a bar.
Envoy Partnership were commissioned to undertake the study as the developer and delivery partners wanted to evidence the social value and transformational effect of an inclusive meanwhile space for SME incubation and socialising within a broader development programme. For such a high-profile development, it was important for Lendlease to demonstrate the value of projects like Artworks Elephant to the local community.
The results are being used to inform other meanwhile and interim space projects and governance structures for future regeneration and development programmes.
Measurement Approach
A combination of Social Return on Investment and Total Economic Impact (GVA) analysis. Environmental outcomes were recorded outside of the research.
Measured Outcomes
JOBS AND ECONOMIC GROWTH | HEALTH, WELLBEING AND THE ENVIRONMENT | STRENGTH OF COMMUNITY |
SME growth | Visitor wellbeing | Inclusivity |
Job creation / new income | Local pride | |
Supply chain | Safety | |
Isolation | ||
Diversity of visitors |
Transparency: An internal report of the findings with full measurement methodology has been produced for project partners. A summary of the findings is due to be published on the Elephant Park website.
Assurance: The work and research was overseen by an accredited Social Value UK practitioner.
Future considerations: More qualitative data from site visitors.
PRIMARY DATA | SECONDARY DATA |
Tenant interviews and surveys | Neighbourhood health and economics |
Visitor and resident surveys | NHS cost for specific conditions |
Wider stakeholders and local authority interviews | SME data |
Local business surveys | Reference projects |
Annual accounts and expenditure budgets | |
Process effectiveness analysis |
For more information please contact Andy Warby, Partner at Envoy Partnership.