Artworks Elephant

A new community building in Elephant and Castle made from cargo containers, offering incubator space, shops, a cafe and a bar.
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

Social Value - MeasurementMeasurement

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.