A Business Improvement District board should lift the quarter to new heights!
There are currently four BIDs in the city centre – Broad Street (the first), Retail, Colmore and Southside (the most recent).
Businesses in these areas are asked to vote on whether they would support a levy on their business to pay for a board of directors to create and build the businesses and facilities of the area.
Businesses in the Jewellery Quarter have recently voted for the setting up of a BID – about 80% of the votes were in favour. The BID will begin operating in October.
BIDs have apparently been very successful, as Broad Street and Retail businesses have voted to continue their operation after the first 5 years.
The BIDs improve the districts in many ways, including providing a welcoming environment for visitors, clean and safer streets, improving marketing to increase footfall and inward investment, and improving connectivity to the city centre.
This should really increase the Jewellery Quarter’s ability to demonstrate that it is a very important Birmingham asset.
For more information visit the Jewellery Quarter Development Trust website.