The International Council of Shopping Centers (ICSC) Foundation has announced that British Land has won this years' ICSC Albert Sussman International Community Support Award for The Source at its Meadowhall Shopping Centre in Sheffield, United Kingdom. The company beat off competition from the US, Latin America, Asia and Canada. The Sussman Award provides a US $10,000 donation to the winner's partnership charity.
This is the second annual Sussman Award, and the first time the award has been won outside the United States. Michael Kercheval, ICSC president and CEO said: "The ICSC Foundation continues to recognize the vital role that shopping centers play in the communities they serve. This prestigious award goes to the center or company that has truly distinguished itself in the area of community service this past year."
The Albert Sussman International Community Support Award, the highest honor in ICSC's community support award program, was developed to recognize a shopping center or shopping center company for coordinating outstanding humanitarian service in its community. The 2010 award was presented during ICSC's Night of the Stars as part of the Best-of-the-Best Awards at RECon, the largest retail real estate convention in the world, in Las Vegas, Nev. on May 23, 2010.
The Foundation's Community Support Award program, established in 2006, is a worldwide initiative that honors corporate social responsibility and community outreach efforts of shopping centers for charitable initiatives that enhance the communities the retail real estate industry and its projects serve.
Meadowhall is one of the UK's most successful shopping centers. Located in the north of the country, it attracts millions of visitors every year.
Developer British Land, which owns Meadowhall, set up The Source with Sheffield City Council to encourage regeneration in the City, considering that such an investment would help both local people and Meadowhall retailers, while protecting British Land's long-term investment in the area. Set up as a charity in partnership with Sheffield City Council, The Source received setup funding from British Land, the City Council and UK Government.
The Source opened in 2003 and is now a successful training center as well as offering high quality business and conferencing facilities. Last year the charity raised almost £1 million to provide training for local people and businesses.
Over the last six years The Source 'socially inclusive' approach has encouraged over 350,000 visits by people using the facilities and attending training courses. In 2008, the scale of The Source grew dramatically and it was named as one of the top 20 small companies to work for in the UK by The Sun