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Vinnova: Developing a Social Value Model for Sweden
RealWorth was part of a Swedish team commissioned to develop an approach to optimise and measure the social value of regeneration programmes across Sweden. There was specific emphasis on community cohesion and how role of planning and design could be used to deliver local lasting impact. The project included four Swedish case studies in Malmö and Lund to test the approach in the field.
Case study
Manchester City Council: Forecasting the Social Value of St Michael's
St. Michael’s is a mixed-use development featuring a world-class hotel / residential tower and 180,000ft2 of sustainable workspace. The scheme creates a vibrant new public square comprising new bars and restaurants alongside the retained Sir Ralph Abercromby Pub.
RealWorth was appointed by Manchester City Council to identify the social value that is likely to be created by the development. We worked with the Developer, the Local Authority and the Design Team to describe and quantify the social impact that the scheme will have on the neighbourhood and the wider City Region.
The evidence provided in the report helped gain the support of the Manchester City Council for the scheme’s advancement.