STRATEGY

The Adelaide Business Collective is advocating for a best practice Business Improvement District (BID) model for the Adelaide CBD. Business owners and property owners come together to harness their collective strength to improve trading conditions and to increase foot traffic and make city businesses more competitive. The BID will deliver services prioritised by businesses over and above baseline Council services on behalf of businesses. The services could include additional retail marketing, promotional events and business activities.

BIDs are operating successfully in more than 3000 towns, cities and mainstreets across the world in Canada, USA, UK, Ireland, Sweden, Germany, South Africa, Singapore and New Zealand. In the videos below we talk to some very experienced town, city and mainstreet place management experts about the benefits to businesses, property owners and the public sector.

LEARN MORE ABOUT BIDs

FIRST BID IN AUSTRALIA

The first BID in Australia is The New Sydney Waterfront Company. The project has been led by experienced BID Director Jace Tyrell (previously New West End London BID). BID enabling legislation will be set up to allow businesses to vote for the projects that they want to support with funding. Read more in the papers below and check the short videos that talk about the benefits of BIDs.

Business Improvement Districts operate successfully because they engage with the businesses through surveys, workshops and interviews to develop a Five-Year Business Plan for the defined BID area. The businesses vote to implement the Business Plan and the Budget to deliver the priority projects within it. The vote gives the business group in charge of delivering the Business Plan legal status and a mandate by the business sector. Mainstreets and city centres in 3000 Canadian, USA, UK, NZ and Singapore are benefitting from this best practice approach.

In Australia there are other Council managed types of mainstreet management approaches but the Adelaide Business Collective believes that BIDs to take an active role to guide their future.  See the comparison opposite that shows the clear difference between a Council Subsidiary in South Australia compared to a business-led BID. 

THE BENEFIT OF BIDs


The videos below include shared insights from key managers responsible for BID areas overseas and also discuss a key element of the Business Improvement structure - the BID business ballot. The ballot is a key part of a true BID as it provides a democratic vote for businesses to support the BID area 5 year Business Plan. Usually 50% - 60% of businesses in a BID area submit a vote to support a new way forward.


In this video Paul Levy talks about the amazing progress the Center City BID has achieved over 25 years. Starting with clean and safe but moving into marketing and events to attract more customers and visitors.


Business Leaders in Rugby UK (popn 114,000) talk about what the BID has delivered for their customers including a clean, safe and friendly visitor experience.


Improving business in New York City through a collaborative partnership that delivers services over and above Council services. The City Small Business Services are supporting the BID.


How can the BID generated sales growth for small independent businesses by increasing their social media and exposure through a coordinated campaign.


Celebrating the success that BIDs in New York City are achieving with Business Improvement Districts. Results are being achieved in many areas of NYC.


In this video the CEO of Oklahoma introduces how the BID has improved the City experience for visitors and customers. What benefits can a BID deliver?


Loving Cambridge is the catch phrase of this very effective BID in Cambridge UK. How do we communicate with small businesses and deliver programs on their behalf.


A Cleaner, Greener and Safer remit for Team London Bridge. Businesses are fully behind the BID and the services it delivers for their customers and visitors.

YES! I support the Adelaide Business Collective proposal to explore a possible business improvement district (BID) in the city of Adelaide to improve the business environment and trading conditions. The process starts with businesses encouraging the State Government and Council to pilot the model and measure successful outcomes. More information about business improvement districts is available on this page including videos with international experts with first hand experience.

CLICK HERE

WANT TO LEARN MORE?

Log on to the following websites below:

The BIDs Business
http://www.thebidsbusiness.com

BRITISH BIDs
http://www.britishbids.info/about/what-is-a-bid

INSTITUTE OF PLACE MANAGEMENT
https://www.placemanagement.org/the-bid-foundation/

SCOTLAND IMPROVEMENT DISTRICTS
http://www.improvementdistricts.scot/about-improvement-districts

EXAMPLES OF SUCCESSFUL BIDs

AUCKLAND CITY - New Zealand
http://www.hotcity.co.nz

DUBLIN TOWN - Ireland
http://www.dublintown.ie

PHILADELPHIA CENTRE CITY - United States
https://www.centercityphila.org/

JOIN THE 'ADELAIDE BUSINESS COLLECTIVE' HERE