At Grosvenor Britain & Ireland, we see this as a clear mandate for a new approach to housebuilding and large scale development.
We believe that more homes and new spaces can be successfully delivered if trust is rebuilt – but this will require a change in behaviour on the part of both private and public sector leaders.
As a first step, we have made a series of commitments that address the major findings of the research and drivers of distrust.
1. Make it easier for the public to understand the financial drivers and key decisions underpinning a development. As an experiment, we will in 2019 publish, in plain English, headline forecast cost and return metrics, as well as expected social and environmental benefits for an upcoming development;
2. Increase transparency in the consultation, decision making and design process for a large scale development by enabling scrutiny from an independent and objective commentator;
3. Help communities better understand how to get involved and influence developments – by developing a gold standard for consultation against which our business can be held accountable.
Restoring public trust will take time and requires a broad effort backed by industry and civic leadership. The prize − great places that extend opportunity to all, backed by good public policy and an honest discussion of the trade-offs − is too great to ignore.
Hear more from our Chief Executive, Craig McWilliam, below.