Portas Town Team – Business Improvement District for London Road

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London Road Town Team and the BID proposal

Why we support a Business Improvement District (BID) for the London Road Area.

  • The Portas High Street Initiative showed that putting funds where they can make a difference to the shopping experience works.

  • After the Portas initiative ended voluntary funding and management have helped limit further decline, but long term it is not sustainable. Funds  ran out in October 2016.

  • A BID will give longer term stability and enable the area to work towards prosperity.

  • A BID is owned and managed by the local business community and they are the only ones who have a say in how the BID is managed and the funds are spent.

  • Although the funds are collected through the rating system they are owned by the BID and not the local council.

  • There is a need to build on the changes that have occurred in the area (The Level modernisation, The Open market, the old Co-op building and The New England and Station Quarter Complex)

  • A BID can use the internet to make the area technically smarter and more friendly, secure and supportive towards our customers

For more information contact the London Road Town Team Chairman: Ann Townsend – 07708 185885

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