York Business Improvement District – last chance

The Council’s Cabinet will tomorrow agree to spend £25,000 on a second attempt to establish a “business improvement district” (BID) in the central part of York.

It is 10 years since the first attempt was made. BIDs require the support of the majority of businesses in an area if they are to be able to use supplementary rate income to fund economic regeneration initiatives.

A decade ago, a similar scheme failed to gain widespread support and was abandoned.

 At the time, several of the national chains (who exercise a large number of votes in any ballot) refused to participate in the scheme, while the Council had taken steps to freeze (and at Fossgate reduce) parking charges – so there was less incentive for change.

In addition the City centre was generally trading well – as it is today. There are relatively few empty shops in the core area and the latest footfall figures show number increasing (which is what you  would expect as the country emerges from recession)

The imitative has come in the wake of the 3 “free” parking morning’s initiative which was funded through S106 contributions from a development at Monks Cross. That funding ends soon and the Council last week agreed to a Green party proposal to a general increase in car parking charges. The background, therefore, maybe one of the “perfect storm” with several marginal businesses in the City centre likely to feel the pinch.

In 2007, the BID project was led by an experienced manager who had done similar schemes successfully elsewhere.

This time the former editor of The Press newspaper is likely to be in charge.

The business case is unconvincing at least  in so far as it fails to debate what has changed, over the last 10 years, which could result in the majority of business now voting for an initiative which would increase the amount they pay in Business Rates.

The Council says that, if successful, the BID would expect to generate an additional £800,000 a year which would be spent on “an improved city centre environment in terms of public realm, security, increased footfall, events and cleanliness