Social Value in Development

There is an increasing awareness regarding ‘social value’ but what does this mean to the built environment sector? How can those planning and delivering buildings and the spaces in between contribute effectively to benefit the wellbeing of their local communities?

We warmly invite you to this special event, led by the PL Development & Regeneration sector group, where we will explore how social benefit in placemaking has the potential to make a significant impact.

Speakers include:

  1. Cllr Sarah Doyle, Development and Economy Cabinet Member - Liverpool City Council
  2. Mark Bousfield, Director of Regeneration and Economy – Liverpool City Council
  3. Alison Ball, Social Value Lead – Arup
  4. Mo Maghazachi, Senior Liaison and Engagement Manager - Everton Football Club
  5. David Wilshire, Senior Construction Manager – Vinci Construction

Event details:

Whilst the effect of COVID-19 has forced the public sector to reconsider their capital projects pipeline in preference of city recovery, private sector developers, architects and built environment specialists committed to delivering social value will be key to Liverpool’s success; increasing employment, upskilling the supply chain, creating better homes, delivering inclusive growth.

Traditionally social value has not traditionally been considered as a return on real estate investment or as a measure of progress at different stages of a project. Instead, economic viability has dominated planning negotiations and development outcomes; not always resulting in lasting quality or sustainable wider societal benefit. However, significant impact can be seen where there is better understanding of and commitment to delivering social value.

By focusing on delivering broader social outcomes, not just outputs, development projects can create additional social value. For example, they can help address local socio-economic issues and inequalities; create jobs for previously unemployed; provide opportunities for SMEs; and ultimately increase the quality of life for the people involved in, or impacted by a development project.

As well as having a range of speakers there will be an opportunity for valuable “roundtable” discussions on the challenges being faced during post pandemic recovery to ensure the thoughts of the wide range of professionals are collated.

We expect to hold this event in person. Should restrictions prevent this, the event will be held virtually.

This event is open to PL members only, and numbers are limited. Further details about the event can be found here.

If you need any further information, please contact andrewruffler@professionaliverpool.com