City Council to support Business Improvement Districts (BIDs)

By on 18/07/2011 in News

Birmingham City Council's Cabinet will throw its weight behind proposals for the renewal of the Erdington and Retail Birmingham Business Improvement Districts (BIDs) in a Cabinet Report on 25 July 2011.  It will also support new BIDs in the Acocks Green, Northfield and Sutton Coldfield centres.

BIDs represent a significant advance in the management of town centres and help to develop partnerships between business ratepayers and the City Council.  They enable businesses to play a more central role in managing and maintaining their local environment.

Birmingham currently has six BIDs running - Broad Street, Retail Birmingham, Colmore Business District, Southside, Erdington and Kings Heath, collectively bringing in an additional £13 million over their five year terms, to spend on the priorities required and determined by local businesses.

Cllr Timothy Huxtable, Cabinet Member for Transport, Environment and Regeneration at Birmingham City Council, said: “BIDs help to breathe new life into the high street, benefitting traders, local residents, visitors and the community as a whole.

“Shopping centres such as Northfield, which have already seen improvements in roads, paving and the environment, can expect to see further change in the future if their BID ballot is successful.  I wish all five BID proposing bodies every success in their forthcoming ballots, hopefully bringing Birmingham's total number of BIDs to nine.” 

A BID can only come into force with a successful ballot of eligible non-domestic ratepayers in the proposed BID area.  A majority ‘yes’ vote is required both in the number of votes cast and the rateable value of the votes cast.

Commenting on the BIDs Cabinet report, Jonathan Cheetham, Chair of Retail Birmingham, said: “Over the past five years, Retail Birmingham, supported by Birmingham City Council  and Birmingham City Centre Partnership, has worked tirelessly to ensure that our city centre retail area achieves its full potential as the region's principle shopping leisure and lifestyle destination.

“We have delivered and hope to continue to deliver on a number of key projects such as the 'Design Strategy', our vision for improvement of the public realm, together with major, high profile retail events. Looking forward to the next five years, the future is looking bright for retailers in Birmingham with the forthcoming development of the Metro and the £600m New Street development and John Lewis store opening in 2014.”

Ends

 

Notes to Editor

•A Business Improvement District (BID) is a precisely defined geographical area within which the businesses have voted to invest collectively in additional local projects and services to enhance their trading performance and environment.

•There are currently over 100 BIDs in the UK - six of which are in Birmingham.

•The Erdington and Retail Birmingham BIDs have been operational since 2007 and since then have delivered on a number of additional projects and services, including marketing and promotion to drive footfall, street operations and business support.  To continue beyond their terms which end in 2012, businesses need to vote in a further ballot.

•All of the five BID Ballots referred to in the Cabinet report will be held in the autumn 2011.
Birmingham's BID websites:-
• Broad Street BID   www.broadstreet.co.uk
• Colmore Business District BID www.colmorebusinessdistrict.com
• Kings Heath BID    www.kingsheathbid.co.uk
• Retail Birmingham BID  www.retailbirmingham.co.uk
• Southside BID    www.southsidebid.co.uk

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