Placemaking 2: A stewardship approach to creating communities
ADAM Architecture and UK law firm Farrer & Co. have sponsored a new report that looks at how patient community development schemes that focus on adding value over generations, rather than chasing quick sales and returns, deliver greater rewards for investors, developers, and the local population alike. ‘Placemaking Two – a stewardship approach to creating communities’ draws on a number of qualified and expert sources for input, and outlines what it terms the Patient Development Model as an important way forward for the provision of future housing.
The report examines the challenge of tackling Government targets for 300,000 new homes per annum but cautions against the creation of “sleepy mono-use commuter towns”. It also questions the prevailing system of the release of land to volume housebuilders seeking a quick return on investment in a single use product and instead (or in addition) advocates opportunities for smaller regional bespoke builders to play their part given the right economic and planning frameworks.
The report picks out innovative schemes that have the potential to be replicated more widely and identifies 8 factors common to successful approaches to sustainable development:
1. Taking a long-term view at the outset of a project
2. Accepting a deferred return on investment, which can lead to greater long-term revenues
3. Measuring the success through a social and environmental lens – not just in terms of a return on capital or profit
4. Prioritising the design and community building of a scheme through a long-term masterplan and design codes
5. Placing greater emphasis on community and local authority co-creation
6. Re-thinking the business-as-usual approach to social housing, streets, mixed-use, green spaces, and social infrastructure
7. Putting in place a stewardship model to maintain the ongoing quality of the place
8. Prioritising community health, well-being, and social cohesion through best practice design solutions
Report authored and researched by Future Places Studio.
A follow up to ‘Placemaking: a patient approach to creating communities’ published in early 2020.