In 2018, we began to explore how to define and measure “great places” by commissioning a pilot study of Taikoo Place to identify its impacts through key metrics and performance indicators. Based on the results, we began to develop a methodology for assessing, measuring and reporting on the impacts of our developments.
In early 2020, we released our first Places Impact Report, which sought to address the question “What makes a great place?” from four different dimensions, namely Vibrancy, Livelihood, Wellbeing and Resilience.
During the course of preparing the report, we obtained input from urban planners, designers, real estate experts, sustainability advisors, economists and other professionals. Examining both the tangible and intangible attributes of our developments, the Places Impact Report provides an innovative assessment of the impacts of our placemaking and placekeeping efforts on communities. The assessment results should help us further enhance our placemaking and placekeeping work going forward.