London Barking Riverside Community Interest Company · The Barking Riverside Community Interest...
Transcript of London Barking Riverside Community Interest Company · The Barking Riverside Community Interest...
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
London Barking Riverside
Community Interest Company
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
![Page 3: London Barking Riverside Community Interest Company · The Barking Riverside Community Interest Company (CIC) was set up in 2009 ... It also acts as an interface between the new and](https://reader034.fdocuments.in/reader034/viewer/2022052015/602d471b1b61a264b443d07f/html5/thumbnails/3.jpg)
Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Barking Riverside – where is it?
Houses of
parliament and
Big Ben
Barking Riverside
180 ha site situated
to the south of the
London Borough of
Barking and
Dagenham
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Barking Riverside – what was it?
In the 20th century it
was the site for 3
coal-fired power
stations.
These were
decommissioned in
the 1980s.
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
21st Century - A new masterplan for the area
Barking Riverside is
a joint venture
between London
and Quadrant
Housing
Association (51%)
and the Greater
London Authority
(49%).
Close working
partnership with the
Borough and
Transport for
London
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Barking Riverside London will be an innovative, healthy and
well-connected place, made special by its heritage, ecology,
riverfront location and by its community.
It is the largest development in East London and, over the
next 15 years, 10,800 new homes will be created.
As well as new homes, there will be 7 new schools, a health
hub, community and sports facilities, open spaces and
parkland. Open space will account for 40% of the site.
Environmental sustainability is an integral part of the design
of the site, with SUDS, innovative biodiverse green roofs,
solar panels and an ENVAC system.
Vision
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Barking Riverside - innovative governance model
The Barking Riverside Community Interest Company (CIC) was set up in 2009 following the start of preparation for development.
The intention is for this company to control and manage the community and open space assets of the Barking Riverside development and to manage the assets for the benefit of the community.
This will include maintaining the estate, promoting and organising community events and generating estate income, including through service charges on residents.
It also acts as an interface between the new and existing communities, providing community services and information for new residents.
The CIC is initially set up in partnership with Barking Riverside and the London Borough of Barking and Dagenham Council with two directors from each representing the CIC Board.
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
What is a Community Interest Company?
A Community Interest Company (CIC) is a form of social enterprise
that has formal legal status in the UK.
An essential part of a CIC governance structure is the concept of
“asset lock”, whereby all assets have to be held for the benefit of the
community. It is required to reinvest any surplus into the community.
The Barking Riverside CIC is formally constituted through its
governing document with powers to hold and manage the community
social and green assets and to invest in community cohesion, social
enterprise activities, and local infrastructure according to the needs
and wishes of local residents and businesses.
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
CIC - supporting
community events
and initiatives
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
CIC – supporting
co-design of play
facilities
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Challenges
• How does the CIC take account of future residents when
development is taking place over 20+ years?
• First homes completed
• Community centre with primary school, multifaith space and community rooms open
2011
• First 1000 homes completed
• New secondary school is open
• Plans for the new rail station underway
2018 • 10800 homes
• 70 + ha of ecologically rich open space
• Ecology Centre
• Active resident-led CIC managing assets for the benefit of all
2031?
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Challenges
• How does the CIC take account of future residents when
development is taking place over 20+ years?
• How does the CIC accommodate different voices and community
interests?
parkinggarden
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Challenges
• How does the CIC take account of future residents when
development is taking place over 20+ years?
• How does the CIC accommodate different voices and community
interests?
• How does the CIC transition from a public/private governance
structure to a fair and representative resident-led community
structure?
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Challenges
• How does the CIC take account of future residents when
development is taking place over 20+ years?
• How does the CIC accommodate different voices and community
interests?
• How does the CIC transition from a public/private governance
structure to a resident-led community structure?
• How does the CIC build capacity amongst residents to develop the
required management and business skills?
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Challenges
• How does the CIC take account of future residents when
development is taking place over 20+ years?
• How does the CIC accommodate different voices and community
interests?
• How does the CIC transition from a public/private governance
structure to a resident-led community structure?
• How does the CIC build capacity amongst residents to develop the
required management and business skills?
• How does the CIC ensure that neighbouring communities benefit
from the new development so that inequalities are not
exacerbated?
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Possible tools to overcome challenges
• Participatory budgeting
• Community capacity officer
• Design, implementation and management competitions for
small/meanwhile projects
• Build resident skills and provide opportunities to co-design and
contribute to masterplanning processes
• Ensure two-way communication with a shared language
• Provide training for management and budgeting skills
• Visiting other CICs
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Other CICs
Ryburgh Community Enterprise is a
Community Interest Community (CIC)
set up in 2008 by North Norfolk
villagers to overcome the closure of
the village shop and post office. The
CIC successfully reopened the shop in
2009 under the ownership of 124
villagers.
The shop is a general store providing
groceries, newspapers, tobacco, off
licence, an internet café, tea shop, dry-
cleaning, parcel collection, plants and
Post Office.
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Other CICs
GLL/Better
Operates 278 leisure facilities
for 50 local authorities in
England
Libraries in 74 locations
Children’s centres in 10
locationsNo shareholders so over £100 million surplus reinvested in
services and facilities
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Barking Riverside – emerging case study
Watch this space!..........
Barking Riverside CIC is an innovative governance model for
holding and managing community assets at this scale
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Bringing
cities to life,
Bringing life
into cities.
This project has received funding from the European
Union’s Horizon 2020 research and innovation
programme under grant agreement No 730222
Thank you
Paula Vandergert, Sustainability Research Institute, University of East London