Raptor cranes at 2 Finsbury Avenue
10 Jan 2025Raptor cranes enhance productivity at 2 Finsbury Avenue, British Land’s iconic dual-tower project redefining Broadgate’s skyline.
Sir Robert McAlpine generates almost £32 million of social and economic impact in Manchester and across the North West.
Sir Robert McAlpine has generated almost £32 million for social impact initiatives in Manchester and the North West region during the development of Co-op Academy Belle Vue. Download the full report Co-op Academy Belle Vue Social and Economic Impact Report.
Run by Co-op Academies Trust and delivered by contractor Sir Robert McAlpine, the new 1,200-place co-educational secondary school welcomed its first cohort of pupils in September 2022 in temporary accommodation situated at Connell Co-op College before moving to the permanent site in January 2023, and expects to reach full student capacity in 2027. During its development, social value formed an integral part of all project decisions, as we worked with our supply chain partners to create new jobs, offer apprenticeships, host T-Level and work experience and support local community groups.
The total social impact value of the project was measured using Loop’s social value measurement tool, which follows government methodologies and is in line with the National Themes, Outcomes and Measures (TOMs) Framework, the Social Value Model and UN Sustainable Development Goals. The calculations combine the project’s total Social Return on Investment (SROI) of £1,808,793 and the total economic impact of £29,981,399.88.
SROI is achieved through the delivery of social value key performance indicator targets. For Co-op Academy Belle Vue, targets included jobs created, apprenticeships supported, T-level students hosted, work experience offered, and charities and community groups engaged. For example, across all of our social value initiatives, education is a key priority, particularly considering sector skills shortages, and the project was proud to support 8 T-level students from Manchester College on site, and 16 work experience placements. Along with our supply chain partners, we also hosted 18 apprenticeships, 34% of whom were from Manchester City Council postcodes.
Investing in local supply chains helped us drive the project’s positive economic impact for the region, alongside developing employment opportunities, including working with Ingeus’s Restart Scheme to support local people looking for that first step into employment with opportunities in construction. Six candidates were hosted for week-long work trials with supply chain partners, and all candidates found work following these trials.
Further figures from the report reveal:
It’s fantastic to see how Sir Robert McAlpine and its supply chain partners maximised the opportunity of the project to deliver not only the new school for its generations of pupils to come, but to provide a lasting impact in the local community.
CEO of the Co-op Academies Trust
Raptor cranes enhance productivity at 2 Finsbury Avenue, British Land’s iconic dual-tower project redefining Broadgate’s skyline.
Guests gathered at the lowest point of the structure’s foundations, just over 50m below ground.
Congratulations to all those who have worked on ONE Station Hill in Reading as the project completes.