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Movement for Liveable London Street Talks - George Weeks 11th December 2012
 

Movement for Liveable London Street Talks - George Weeks 11th December 2012

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December 2012 Street Talks - The word from the street 2. George Weeks. Brought to you by Movement for Liveable London - movementforliveablelondon.com

December 2012 Street Talks - The word from the street 2. George Weeks. Brought to you by Movement for Liveable London - movementforliveablelondon.com

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    Movement for Liveable London Street Talks - George Weeks 11th December 2012 Movement for Liveable London Street Talks - George Weeks 11th December 2012 Presentation Transcript

    • Valuing Urban Realm £ £ £ £ £ £ ? George Weeks - Urban Designer at TfL urbandesign.tfl.gov.uk
    • Design is intuitive urbandesign.tfl.gov.uk
    • Design is intuitive urbandesign.tfl.gov.uk
    • Design is intuitive urbandesign.tfl.gov.uk
    • Play and recreationCommercial benefits Shelter from weather Higher rents Travel mode shift Reducing climate change Increased legibility Higher quality environment Safer streets Pleasant spaces Fewer accidents Easier to cycle HIGH QUALITY PUBLIC REALMHigher footfall Coping with climate change Wildlife habitat Encourage regeneration Increased sociability InclusiveIncreased accessibility Lower crime More pleasant to walk Sense of place Complementing surrounding buildings urbandesign.tfl.gov.uk
    • 99% of people prefer the new street600% increase in footfall New Road, Brighton
    • Qualitative vs. Quantitative How much? £/m2 Sense of place £ £ Civilised Accident rates Resilient m2 Walkable NPV Discount rate? Attractive Inviting £ Measurements Interesting £ Quality Business case?Desirable Time value Fitted Pedestrians/m? £Sociable Dimensions Maintenance Well designed costs Legible Appealing urbandesign.tfl.gov.uk
    • Qualitative vs. Quantitative How much? £/m2 Sense of place £ £ Civilised Accident rates NO! Resilient m2 Walkable NPV Discount rate? Attractive Inviting £ Measurements Interesting £ Quality Business case?Desirable Time value Fitted Pedestrians/m? £Sociable Dimensions Maintenance Well designed costs Legible Appealing urbandesign.tfl.gov.uk
    • Qualitative vs. Quantitative How much? £/m2 Sense of place £ £ Civilised Accident rates NO! Resilient m2 Walkable NPV Discount rate? Attractive Inviting £ Measurements Interesting £ Quality Business case?Desirable Time value Fitted Pedestrians/m? £Sociable Dimensions Maintenance Well designed costs Legible Appealing urbandesign.tfl.gov.uk
    • EVIDENCE?Valuing Urban Realm- Research2006 - 20103 Phases
    • Research and EvidencePhase 1: Physical changes – 2006 – 2007 Valuing Urban Realm +£ = ?Phase 2: Property Values, Rents 2007 – 2008 & Land ValuesPhase 3: Social, Cultural & Health 2008 – 2010 Benefits urbandesign.tfl.gov.uk
    • Phase 1: Physical changes – Valuing Urban RealmCONCLUSION: Statistically significant results for each location “Members of the public value high qualitystreets and places and are willing to pay for Transferrable results Improvements” urbandesign.tfl.gov.uk
    • Phase 2: Property Values, Rents & Land ValuesCONCLUSION:“There is positive, significant and consistent value added to private business by maintaining and improving the urban realm” urbandesign.tfl.gov.uk
    • Phase 3: Social Cultural & Health Benefits CONCLUSION:• Elements of the urban realm do not exist in isolation but are intertwined• Health and wellbeing are positively affected by space and community events• Social cohesion is positively affected by space and maintenance urbandesign.tfl.gov.uk
    • Valuing Urban Realm – Partners and consulteesBrunel University Transport for London
    • RECAP: Research Conclusions 1: Physical changes “Members of the public value high quality streets and places and are willing to pay for improvements” 2: Seeing Issues Clearly “There is positive, significant and consistent value added to private business by maintaining & improving the urban realm” 3: Social Cultural & “Elements of the urban realm do not exist in Health Benefits isolation but are intertwined”All underpinned by academically rigorous and statistically significant research urbandesign.tfl.gov.uk
    • RECAP: Research Conclusions 1: Physical changes “Members of the public value high quality streets and places and are willing to pay for improvements” 2: Seeing Issues Clearly “There is positive, significant and consistent value added to private business by maintaining & improving the urban realm” 3: Social Cultural & “Elements of the urban realm do not exist in Health Benefits VUR Toolkit isolation but are intertwined”All underpinned by academically rigorous and statistically significant research urbandesign.tfl.gov.uk
    • Valuing Urban Realm ToolkitIntermediate The five Basic & key benefit Advanced categories urbandesign.tfl.gov.uk
    • Inputs – PERS ScoresProposal for New Streetscape PERS = Pedestrian Environment Review System PERS Attribute Before After Change Personal Security -2 2 4 Lighting -1 2 3 Quality environment -2 2 4 Maintenance -3 3 6 Gradient -1 2 3 Surface Quality -3 2 5 User conflict -1 1 2 Obstructions -2 0 2 Dropped kerbs -1 0 1 Permeability -2 0 2 Colour contrast -2 -1 1 Legibility -1 1 2 Effective Width -1 3 4 Tactile information -1 1 2Est’d project costs: £1.4m Total -23 18NB: PERS Scores range from -3 to 3. PERS software also works standalone and can be purchased from TRL 41
    • Output – Summary of ImpactBorough London Borough of IslingtonScheme implementation year 2012Evaluation period (no. years) 10Policy objective Benefit (or disbenefit) Qualitative impact/benefit Quantitative Indicator Unit Monetised benefit over measurement lifespan of project (Present Value) Liverpool Road will become a more attractive shopping environment as a result of this Annual net scheme, attracting shoppers from outside the Change in B6: Retail impact area as well as from the surrounding shopping PERS score change in Zone (£) £ 2,710,903 A rental values destinations. This benefit can be captured through increased rental and business rates.B: Economic impact Residential properties, and especially property prices, will benefit from this scheme being Annual net B7: Residential property delivered as the dramatically improved Change in change in (£) £ 6,337,839 price impact streetscape will make Liverpool Road a more PERS score residential attractive environment to live as well as house prices socialise and spend time. £ 9,048,742 Subtotal economic impact The scheme allows for much easier pedestrian movement between the 2 attractions, that are Annual journeyD: Quality of Life and D2: User experience of the currently separated by a busy road. Moreover, Change in ambience (£) £ 5,929,286Environment public realm the scheme will improve pedestrian movement PERS score at the junction of Liverpool Road and Tolpuddle benefits Street. Subtotal quality of life and £ 5,929,286 environmentTotal monetised economic benefit from improving the Urban Realm £ 5,929,286Total monetised financial benefit from improving the Urban Realm £ 9,048,742 £ 5,929,286 TOTAL FINANCIAL BENEFIT (value uplift) TOTAL PROJECT COSTS (captal and maintenance) £ 1,471,174 BENEFIT/COST RATIO 4.03 : 1
    • Example: Deciding on level of improvements urbandesign.tfl.gov.uk
    • Example: Deciding on level of improvements urbandesign.tfl.gov.uk
    • Example: Deciding on level of improvements urbandesign.tfl.gov.uk
    • Example: Deciding on level of improvements urbandesign.tfl.gov.uk
    • Example: Deciding on level of improvements urbandesign.tfl.gov.uk
    • Example: Deciding on level of improvements urbandesign.tfl.gov.uk
    • SummaryObjective justification for public realm investment Major Intervention Scheme costs = £1,471,714 YES! Total economic benefit = £9,048,742 BCR = 4.03 : 1 urbandesign.tfl.gov.uk
    • Available online – free to use urbandesign.tfl.gov.uk
    • SummaryObjective justification for public realm investmentSpecific relevance to private and public sectorEvaluates benefits across five key policy areasEnsures best level of investment in the best placeAll backed by rigorous academic research urbandesign.tfl.gov.uk
    • An evidence-based, rigorous toolkit Pride in an area Play and recreation Higher rents Travel mode shift Shelter from weather Increased legibility Reducing climate change Higher quality environment Safer streets Pleasant spaces Fewer accidents Easier to cycle Good public realm makes financial sense HIGH QUALITY PUBLIC REALMiHigher footfall Coping with climate change Wildlife habitat Increased sociability Encourage regeneration Inclusive More pleasant to walkIncreased accessibility Lower crime Complementing surrounding buildings urbandesign.tfl.gov.uk
    • georgeweeks@tfl.gov.uk http://urbandesign.tfl.gov .uk