As Boris Johnson approaches the end of his final term in office there will be an increasing focus upon his legacy; economically, a big part of this will be the outcomes of the investments made in London’s town centres and high streets. Through the Outer London Fund (OLF), the Mayor’s Regeneration Fund, the High Street Fund and currently the London Regeneration Fund, many tens of millions of pounds have been invested in place specific regeneration projects across London. Regeneris has played a role in each of these funds, including supporting Boroughs in initial bid writing and project development and subsequent project evaluations.
Over the past three years we have also been working with the GLA on a formative evaluation of both rounds of the OLF and were later commissioned to lead the full evaluation of Round 2 investments. Rather than undertaking an external review of each of the investments, we worked with each of the boroughs in receipt of funding to build their capacity to undertake self-evaluation. Designing a range of tools and providing group and one-to-one briefings, each borough was supported to deliver its own self-evaluation which was then moderated and aggregated by Regeneris.
Notwithstanding the fact that the full benefits of OLF will not be realised for a number of years, the outcome of the work was a snapshot of the impact of the investments to date, as well as a clearer understanding of what works well in town centre investment. The final reports can be found here.