Businesses in Bristol have voted to become part of a Business Improvement District (BID) which will see over £4million invested directly into local services in the Redcliffe and Temple area over the period 1 June 2021 – 31 October 2025.
With a great show of support the vote to become part of the BID was 89% in favour by number of votes cast, and 93.5% by rateable value. The turnout was 47.6%
By voting ‘YES’, businesses have given the BID team a strong mandate to deliver the Redcliffe and Temple BID Business Plan on their behalf.
The overall aim of the BID is to create a dynamic business community which has a strong, representative voice. The focus will be on managing and improving the public realm in the Redcliffe and Temple area, introducing events and ensuring a real focus on sustainable initiatives, the local community and the wellbeing of staff.
The BID will be overseen by a voluntary Board of local representatives which will be implemented ahead of the start of the BID on 1 June 2021.
Redcliffe & Temple BID Development Manager, Jo Hawkins said, “This is fantastic news for the Redcliffe and Temple area. Tom Swithinbank and I would like to thank all the businesses who have engaged with us, helped us shape our Business Plan and put their trust in the BID to help secure a great future for the area. Over the last very challenging year BIDs throughout the UK have provided invaluable support for their businesses. With this strong endorsement, we can now support our businesses to recover and thrive in the years ahead. We look forward to welcoming people back to their offices when it is safe to do so and to helping our retail, leisure and hospitality businesses prosper.”
The Redcliffe and Temple BID will be the third BID to be implemented in Bristol city centre. The Broadmead BID was established in 2005 and the Bristol City Centre BID began in 2017. All three BIDs are managed and delivered by Destination Bristol.
Keith Rundle, Director of BIDs at Destination Bristol said: “I am delighted that businesses have voted for the BID. It will have a hugely positive impact, helping to underpin the ongoing developments in the area, providing investment for place management and delivering initiatives which will benefit the whole community. Both the Broadmead and City Centre BID teams are looking forward to working with our colleagues in the new Redcliffe & Temple BID.”
Businesses within the BID area will pay an annual levy which will be ring-fenced to be spent on jointly agreed BID projects which were identified during the consultation process and are summarised by the following five themes:
- Creating and maintaining quality spaces
- Improving sustainability and the environment
- Creating and promoting a vibrant place
- Connecting and representing businesses
- Building a safe and caring community
