Multiplex was the lead contractor for the James McCune Smith Learning Hub and is programme delivery partner for the University of Glasgow鈥檚 campus development programme.
It produced the social value report using a methodology accredited by professional body Social Value UK. The report shows that 拢1.87 has been generated in return for every 拢1 spent by the university in the construction of the new learning and teaching facility.
The building will accommodate over 2,500 students, including a lecture theatre with capacity for 500 people, as well as other teaching spaces ranging in capacity from 75 to 340 students. The hub also includes a number of seminar and group study spaces, as well as a caf茅 on the ground floor. In addition, it is designed to serve as a conference venue.
The economic impacts are being felt locally by businesses and supply chain partners, but the report also details other social outcomes, such as the value of education, training and work opportunities generated by the project.
The project has generated investment of over 拢73m in the local area, including economic benefits for local supply chains and companies that service the site, as well as over 拢45m to the economy. Employment opportunities including apprenticeships, work placements and new entrants have delivered a social impact of over 拢11m. Training opportunities valued at over 拢1.5 million have also been generated by the project, including health and wellbeing initiatives, first aid and other training courses.
The report also shows that the construction of the James McCune Smith Learning Hub proved an effective pathway for engaging new talent with the construction industry by creating positions for 47 new entrants.
Professor Frank Coton, vice principal academic planning & technological innovation at the University of Glasgow, said: 鈥淲hen we conceived the project, we envisaged a building that not only served the University community, but also added to the social fabric of our local community and the city. As part of this, we wanted to ensure we were working with our lead contractor, Multiplex, to maximise the societal benefits that the construction process will bring to the local area 鈥� it is therefore very satisfying to see these so clearly displayed in the findings of this report.鈥�
Darren Pike, project director for Multiplex, said: 鈥淲e are committed to delivering positive social and economic impacts as part of the historic development of the University of Glasgow campus, ensuring a lasting legacy for our local communities. By working in partnership with the University of Glasgow, our supply chain, and community partners, we are able to maximise our outcomes, creating sustainable employment and skills opportunities, engaging with local SMEs and social enterprises, and supporting our community groups.
鈥淲e are proud that the James McCune Smith Learning Hub project has facilitated school and university research projects throughout the construction phase and will now deliver state-of-the-art learning for many years to come.鈥�
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