Lendlease, Stow Projects, Southwark Council
|Building Type||Mixed-use cargo containers: Commercial, food & beverage, library|
|Project Status||Completed 2018|
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.
A combination of Social Return on Investment and Total Economic Impact (GVA) analysis. Environmental outcomes were recorded outside of the research.
JOBS AND ECONOMIC GROWTH
HEALTH, WELLBEING AND THE ENVIRONMENT
STRENGTH OF COMMUNITY
Job creation / new income
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.
Tenant interviews and surveys
Neighbourhood health and economics
Visitor and resident surveys
NHS cost for specific conditions
Wider stakeholders and local authority interviews
Local business surveys
Annual accounts and expenditure budgets
Process effectiveness analysis
For more information please contact Andy Warby, Partner at Envoy Partnership.