Kathryn kicked off the discussion by providing an overview of the development area. She explained how the partnership between all key stakeholders was key to realising the development, and highlighted the importance of the governance structure and the council’s role in this.
Danny explained more about the Northern Line Extension: how it unlocked the scale of commercial development along with other infrastructure projects; the benefit to the wider economy outside London; and how it has improved access for local population.
Sarah then expanded upon the topic of social value. It was vital for the success of the development that all stakeholders were on board. Early on, the partners worked out sticking points through discussions which led to a common vision and collective commitment.
The group further discussed the governance model, stakeholder engagement, financing models and stewardship. We were all trying to ascertain success factors and lessons learnt. What seems clear is that the Nine Elms Vauxhall Partnership, which notably did not take a form of a development corporation, played a pivotal role in every aspect of the project. Its functioning relied as much upon a good structure and governance as on committed individuals.