26 Mar Business Improvement/Community Benefit Districts
Posted at 18:33h in accountability, activation, CBD formation, clean and safe, communications, retail strategy 0 Comments
Did you know that there are at least 73 Business Improvement Districts (BIDs) in New York City alone, representing a budget of over $134 million and including over 85,000 businesses? In Los Angeles, there are 42 property-based BIDs, and in Philadelphia, at least 14. Washington, DC has 10 BIDs, including Capitol Hill and Adams-Morgan. Downtown Boston, Downtown Baltimore and New Orleans have BIDs, as do cities in Colorado, Florida, Georgia, Illinois, Michigan, Missouri, New Jersey, Texas and Wisconsin, and elsewhere. In 2011 there were over 1,000 BIDs in the USA, and many in Europe, Canada and South Africa.