Thursday, August 23, 2007

Kings Heath votes for a Business Improvement District

KING'S HEATH BID PRESS RELEASE
23 August 2007 - FOR IMMEDIATE DISTRIBUTION

City’s Fourth Successful BID

Following in the footsteps of Broad Street BID, the City Centre’s Retail BID & Erdington BID, businesses in King's Heath have voted in favour to become Birmingham’s fourth Business Improvement District (BID) area.

Of those voting, 74.4% voted in favour of the BID (53.6% by rateable value). The BID will generate approximately £120,000 each year for the next five years which the BID Company will use for projects that will deliver a cleaner, safer, greener and more welcoming King's Heath and help sustain its status as a 'vibrant urban village'.

The King's Heath BID opportunity was proposed by the King's Heath Business Association and supported by Birmingham City Council.

Stan Hems, Chairman of King's Heath Business Association, said: "I and my fellow business association members are delighted that businesses in King's Heath feel passionate enough about our centre's future to support this initiative".

Graham Kay, Business Improvement District Facilitator, said: “this is a great opportunity for the businesses in King's Heath to directly influence their trading environment. King's Heath has become only the second local centre in the United Kingdom to achieve this status".

End.

For more information contact:

Graham Kay
Business Improvement District Facilitator
King's Heath Centre Partnership
07970 85 17 17
grahamkay@kingsheathbid.info

or

Stan Hems
Chairman
King's Heath Business Association
0121 444 4344
stanhems@kingsheathbid.info

Additional notes for Editors:

A BID is a partnership between the business community and other local stakeholders to develop and take forward action to benefit the trading environment and the public realm such as cleanliness, safety, greening and marketing.

Businesses lead the process and identify the areas and the issues which they feel need addressing.
A BID Proposal pla is contructed and voted upon by eligible businesses within the defined BID area.

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