LREF 2024: social value, sustainability & the future of Canada Water

AIRE team attends London Real Estate Forum 2024

How do developers deliver genuine local benefit, and how are British Land and Art-Invest Real Estate going to deliver one of the largest regeneration areas in London for 50 years with sustainability and wellbeing at its core? These were questions addressed in two key events as part of 2024’s London Real Estate Forum, held at the City of London’s Guildhall on 25th September.

Presented by LREF in partnership with our development neighbours British Land, the Canada Water Place Panel provided attendees with a detailed update on progress from the site of British Land’s 53-acre Canada Water masterplan that Dockside sits alongside. Speakers — including British Land’s Hannah Farahar and Freddie Broadhurst, Waterman Group’s Charlie Scott, NLA’s Emily Gabb and East London Business Alliance’s Kita Berman van Heerden — addressed the development’s ambition to become one of the UK’s most sustainable large scale regeneration projects, setting new environmental standards and boosting opportunities and social and economic opportunities in the area. Scott delivered interesting insights into the different ways British Land is minimising waste by designing parts of this project to be able to include leftover parts from previous projects (such as wrongly ordered windows from a former site that are now being intentionally used at Canada Water) while simultaneously ensuring that parts that do need to be produced as new are made in ways that allow to be disassembled safely and potentially reused in the future.

British Lands presents the Canada Water Place Panel at LREF 2024

With a focus on social value, and examining the ‘S’ of ESG, AtkinsRéalis hosted a roundtable dedicated to discussing what the real estate sector needs to do to step up the delivery of genuine, measurable local benefit. They invited Art-Invest Real Estate and Dockside’s Luka Vukotic to take part in the conversation, alongside Rebekah Paczek, Becca Heron, Jenny Offord, Matthew Carpen, Dr William Bird MBE, Shelley Hathaway-Batt, Matthew Morgan, Stephen Passmore, Tom Atkinson and Sarah Atkinson. The discussion explored how we can measure and evaluate social value created by developers’ intervention. There was a general consensus that it is difficult to quantify it financially, as it is multilayered and personal to individuals, and Intelligent Health’s DR Willliam Bird provided some great insights into their approach on community engagement and evaluating social value with a much more granular and personal approach.

Dockside Canada Water Model on display at LREF 2024

At Dockside Canada Water, the community and how our scheme can valuably engage and enhance it is at the centre of what we do. Canada Water has a rich heritage and well-established community, loyal to this special pocket of London. As soon as the Art-Invest Real Estate team arrived at Canada Water, they prioritised getting to know the community; building important relationships with local residents, groups, clubs and businesses

Art-Invest Real Estate’s vision for Dockside reaches far beyond delivering just bricks and mortar, with a focus on bringing it to life and shaping it with the local community. Find out more here.

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