Mission Critical: Quantifying social wellbeing created by real estate

Описание: This session focused on the importance of quantifying the social wellbeing generated by real estate projects and how various stakeholders can work together to enhance community impact.

Panel
Chair: John Ryan, CEO, Healthy Place to Work
Craig White, CEO, Agile Homes
Phoebe Mangoma-Dennis, Senior Consultant - Planning, Social Value Portal
Penny Goodall-Quraishi, Regional Account Manager, International WELL Building Institute
Olivia Sutcliffe, Associate Director Social Value, Savills

Key themes and insights
The Real Estate Well-Being Calculator allows designers and stakeholders to quantify the impact of various physical attributes of buildings on community wellbeing, enhancing the design process.
Engaging with diverse stakeholders, understanding community needs, and collaborating are crucial for developing spaces that truly benefit residents.
The WELL Building Standard provides a framework for creating healthier built environments, emphasising the importance of air quality, accessibility, and community engagement in enhancing wellbeing.

“Our physical surroundings have a huge impact on our health, on our mood, and also on our performance. So building can be a barrier to well-being, or it can actively support it.”
Penny Goodall-Quraishi, Regional Account Manager, International WELL Building Institute

Next steps from the experts
Consider and ideally quantify wellbeing during the early design stages to assess potential impacts and inform decision-making.
Foster partnerships with community organisations to ensure developments meet local needs and provide lasting Social Value.
Incorporate the standards set by the WELL Building Institute to enhance the health and wellbeing outcomes of built environments.
Continue to engage with local stakeholders throughout the project lifecycle to maintain alignment with community priorities and enhance Social Value delivery.