Love Wimbledon BID
The business community in Wimbledon recently voted in favour of operating a Business Improvement District (BID) for a five year period from 1st April 2012. A BID means that a levy is added to the annual business rates bills paid by local companies. This cash is passed to the BID Company to be spent in the BID area.
WSM partner, Paul Windsor, will be chairing a board made up from 12 representatives of the various business sectors operating in the town.
“I have been involved in Wimbledon for more years than I care to mention and for the first time ever I see a real alignment of ambition for the town between the local authority, the business community, local residents and public services” said Paul.
Wimbledon has a real opportunity to foster the vibrant creative industries that are developing on the back of our thriving artistic scene and international companies in design, new media and film are finding that it’s a great place to do business. The town centre is also becoming a destination of choice for corporate headquarters as well as being home to many professional firms, with the benefits of high quality residential accommodation nearby, one of the largest areas of common land in London, cinemas, gyms, theatres, shops, pubs, restaurants and sports facilities from sailing to golfing, all helping to make it a bustling and energetic town.
The BID will bring the key components together with representatives from business driving the plans with, most importantly, funding behind it. Over the five year bid period more than £2.5m will be made available to be used directly for the benefit of Wimbledon town centre. “This is a real opportunity for the business community to help create a sense of civic pride, smarten the place up and really make a difference both now and for future generations”.
Visit www.lovewimbledon.org for more information on the BID or follow @lovewimbledon on twitter.