VALUE PLANNING ...... community based solutions for investing in plans, not projects
Value Planning is an emerging approach to investment and policy planning designed to help communties identify project and policy priorities that will create the most substantive and sustainable benefits to citizens arising from the implementation of a coherent public / private investment strategy. There are three main stages in the process;
Value Creation Potential: to identify an integrated suite of development propositions that will maximize potential economic and social returns on public infrastructure investment using a combination of stakeholder engagement, best practice research, and geoanalytics to identify “foundational projects.” The desired output is a coherent value creation strategy built around foundational projects.
Value Uplift Estimate: to calculate the “bankable returns" (both private and public) from investments and contributions to the value creation strategy.
Value Realization Roadmap: to implement the strategy by applying the best available tools for engaging local partners and champions to create an "integrated public / private sector investment plan".
Based on earlier work completed for the City of Winnipeg, City of Ottawa, City of Guelph, City of Saint John, and the Ontario Ministry of Public Infrastructure Renewal, Daniel helped pioneer value planning as a practice in conjunction with Glen Murray and the Canadian Urban Institute.
See sample projects See ValuePlanningDiagram
A specific service offering is BIDiagnostics which has been designed for Business Improvement Districts / Business Improvement Areas to assist their Boards highlight areas of common concern:
- illustrate through TaxSIM, the merits of public sector investment in BIDs which return the greatest tax revenue bang for the municipal investment buck
- illustrate through BlockScore, which portions of the BID which are promoting walkability and those which are currently deficient
BIDiagnostics provides a list of diagnostic observations and recommendations.
For details, click here ->> BIDiagnostics