Julie Grail. The Experience of Business Improvement Districts in the UK
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Transcript of Julie Grail. The Experience of Business Improvement Districts in the UK
City Centres & Business DistrictsThe Experience of Business Improvement Districts in the UK
Dr Julie GrailChief Executive, British BIDs
www.britishbids.info
Background to Place Management
• Culture of partnership in the UK since late 1980s
• Track record of delivery but pressures on the ‘traditional’ service delivery and uncertain funding
• Evolution to sustainable funding model in 2004 - BIDs
www.britishbids.info
Introduction of BIDs• Business Improvement Districts (BIDs) are business-led organisations focused on managing and enhancing commercial areas
• In their seventh year of operation in the UK
• Now 124 BIDs in the UK
www.britishbids.info
Setting up a BID• A BID can only be formed following consultation and a ballot in which businesses vote on a business plan for the area
• All businesses eligible to pay the levy are balloted
• Dual key vote – numbers and value majorities
• Once established the levy is mandatorywww.britishbids.info
Safeguards• The business plan becomes legally binding and becomes the framework within which the BID will operate
• An Operating Agreement for levy collection administration • Baseline agreements to ensure that any services the BID provides are truly additional
www.britishbids.info
Funding of BIDs• A BID is funded through a BID levy, which is a small percentage of a businesses’ rateable value (the occupier of premises in the UK)
• The majority of BIDs charge 1% of rateable value (relatively small sums per business)
• Additional income levered in from other sources
www.britishbids.info
Governance & Management• Generally run as not-for-profit companies
• Governed by a board of directors made up of BID levy payers representing the BID area
• Management teams vary in size but will generally encompass management and administration, operations and project delivery, and communications and marketing
www.britishbids.info
Scale of BIDs in the UK• The average size of a BID is 300-400 businesses• Smallest has 17 • Largest has 2,700
• Income is typically £200,000-£600,000 pa• Smallest £40,000 pa• Largest £2.4 million pa
www.britishbids.info
Current Scale of the Industry • Number of businesses in BIDs in the UK c. 60,000
• Total annual levy income in BID areas in the UK c. £69m
• Total annual investment in BID areas in the UK c. £168m pa.
www.britishbids.info
Hierarchy of BID Activity
www.britishbids.info
Clean & Green
Safe & Secure
Marketing & Promotion
Collective Action
Innovation
Scope of BIDs – Case Studies• Camden Town Unlimited – Pop-up shops
• InMidtown – Zero to Landfill
• New West End Company – Smash & Grab
www.britishbids.info
New West End CompanySmash & Grab - Multi-agency Crime Intelligence Partnership
www.britishbids.info
New West End CompanySmash & Grab - Multi-agency Crime Reduction
www.britishbids.info
Facts & Figures
Between 2005 and 2008, 224 smash & grab raidsCost to retailers £4m
Police arrests but minimal judicial redress2009 high level summit to promote dialogue
Multi-agency approach established61% reduction in incidents
61 arrests and 46 convictionsAverage sentences increased
Positive reaction from press and retailers
Camden Town UnlimitedPop-up Shops - Entrepreneurial Place-making
www.britishbids.info
Camden Town UnlimitedPop-up Shops – Entrepreneurial Place-making
www.britishbids.info
Facts & Figures
In 2009, 1 of top 3 vacancy rates in LondonApproached the agents of 17 vacant units
Rent free 3 month leases secured on 3 unitsIdentity created with Conran Design Group
23 unique exhibitions/retail experiences40 new introductions/collaborations with local businesses
Generated significant media and industry attention
InmidtownZero Waste to Landfill – Waste Management & Carbon Saving
www.britishbids.info
InmidtownZero Waste to Landfill – Waste Management & Carbon Saving
www.britishbids.info
Facts & Figures
Started in 2008 with a free business recycling schemeCollections managed through one electric vehicle
In 2010 started zero waste to landfill initiativeTo reduce a business’ carbon footprint by 10% in 5 years
Joined-up waste service for businessesIn first three months, 210 businesses
Estimated combined business saving of £350,00070 tonnes of material recycled each month90% of office waste collected free of charge
The Future of BIDs• BIDs have money and mandate
• Real impact and innovation evidenced
Now enhancing through -
• Operating efficiencies
• Bold leadership
www.britishbids.info
For more information:[email protected]
For the Nationwide BID Survey 2011:www.britishbids.info
www.britishbids.info