RESEARCH ARTICLE Urban regeneration indicators: a proxy for assessing common good [version 1; peer review: awaiting peer review] Daniel Gilmour , Edward Simpson School of Applied Science, Abertay University, Dundee, Dundee, DD11HG, United Kingdom First published: 26 May 2021, 3:10 https://doi.org/10.35241/emeraldopenres.14099.1 Latest published: 26 May 2021, 3:10 https://doi.org/10.35241/emeraldopenres.14099.1 v1 Abstract Public realm urban regeneration projects aim to provide facilities for the common good such as improved road systems, public parks, museums and cultural institutions. Driven by political priorities, the expected benefits for society comprise of the proposed regeneration outcomes articulated in a masterplan vision. As a philosophical concept, common good in the context of urban regeneration is explored in this study to understand the expectations for major, long- term regeneration projects and the intended project objectives. In the approach to governance, there should be a relationship between monitoring indicators adopted by the regeneration project as part of the governance framework and their alignment with the common good. These concepts are analysed through a case study of the development and reporting of benchmark indicators established at the start of a major 20-year urban redevelopment in 2010. The monitoring and enhancement concept implemented required indicators to be developed and embedded in the regeneration process to, not only monitor, but also enhance sustainability. The longitudinal case study, at the interim point 10 years since the establishment of these indicators, will evaluate the sustainability of the urban regeneration and evaluate current evidence for the common good. The indicators were developed following the principles of a theme orientated framework in line with the UK and Scottish Government approach at that time. The process of indicator development was iterative, refined and finalised through working closely with local authority, Scottish Enterprise and partnership stakeholders (civic oriented organisations) to capture evidence of progress towards the masterplan vision. Ten years on, conclusions examine whether these indicators could be used a proxy for common good. The conclusion will identify the extent to which we would need to revise indicators to address any gaps to become a more accurate measure of common good. Keywords Common Good, regeneration, indicators, sustainability Open Peer Review Reviewer Status AWAITING PEER REVIEW Any reports and responses or comments on the article can be found at the end of the article. Emerald Open Research Page 1 of 10 Emerald Open Research 2021, 3:10 Last updated: 07 JUN 2021