Business owned and business led, Business Improvement Districts focus on improving the trading environment for businesses.
Business owned and business led, Business Improvement Districts focus on improving the trading environment for businesses through improved promotion, safer streets and initiatives and incentives to improve business-to-business opportunities and strengthen resilience. Funded by a levy on local businesses, they give businesses a powerful role in the development of their area.
There are seven existing BIDs in Lambeth with others emerging:
Sections in this guide (click title to view)
- 1. Brixton
- 2. Clapham
- 3. South Bank BID
- 4. Streatham
- 5. Vauxhall One
- 6. Waterloo
- 7. West Norwood and Tulse Hill
3. South Bank BID
South Bank BID is a unique partnership of the major organisations is South Bank, Waterloo and Blackfriars. The partnership has a long-term commitment to improving everyday experience of the area for employees, visitors and residents alike.
South Bank BID has transformed the area into one of the most exciting destinations in the UK. Its programmes have had a real impact which will ensure this area is the future heart of London.
The InStreatham BID covers the High Road from Telford Avenue to Streatham Common South and is made up of businesses from the local area. First established in 2013, the BID has had a successful five year term delivering a number of projects to support businesses in the area.
Following a renewal ballot in 2018, businesses in Streatham voted for the BID to continue working to improve trading conditions for businesses and benefit the area as a whole.
5. Vauxhall One
Vauxhall One, established in February 2012, is making an impact with Safe initiative. It introduced street wardens and has achieved a notable 15 per cent reduction in street crime.
Other programmes being delivered by the Vauxhall One BID include:
- Change - regeneration of the railways arches
- Day and Night - promoting the pubs, clubs, restaurants and other attractions
- Together - Corporate Social Responsibility, local employees mentoring in schools.
Lambeth’s fist BID, We are Waterloo delivers an expansive programme of services to its members and also runs Lower Marsh market.
The BID delivers a range of initiatives to help create a destination where people want to spend time and money; a safer and more pleasant environment; a great place to set up a business and a creative and connected community in which to work.
7. West Norwood and Tulse Hill
Station to Station BID was established in July 2016 and over 75% of businesses who voted said yes to a BID. The BID will invest more than £700,000 into the local area over the five year term and will work to attract additional funding from external bodies.
Station to Station Business Improvement District is dedicated to making West Norwood and Tulse Hill a great place to live, work and play. The BID’s work focuses on raising the profile of the area, growing businesses and working to make the public realm the best and most inviting it can be.