Council approves BID
Jun 13, 2024 11:03AM ● By WNC Business
Over the past two years the Chamber, alongside partners like the Asheville Downtown Association, have advocated for the passage of a Business Improvement District in downtown Asheville.
A Business Improvement District is a specific area within a city where property owners fund and control additional services or improvement projects to enhance their environment. Aimed at improving the quality of life and business conditions, BIDs fund programs targeting local needs and revitalization, with funding primarily sourced from property owner assessments within the district. Managed by a nonprofit and overseen by a diverse board of stakeholders, including property owners, residents, and business owners, BIDs ensure community involvement and maximum benefit. Their services vary based on local demands, offering everything from cleanliness and security to economic development and marketing. BIDs are a widespread strategy for urban improvement, with over 1,000 established across the United States and more than 50 in North Carolina alone.
The Asheville City Council, by a vote of six to one, approved the creation of the BID and directed staff to create an RFP for a management contract. The Asheville Area Chamber of Commerce intends to respond to the RFP in partnership with the Downtown Association.
Learn more about the Downtown Asheville BID at DowntownAshevilleBID.com.
Source: Asheville Area Chamber of Commerce, Downtown Asheville BID
A Business Improvement District is a specific area within a city where property owners fund and control additional services or improvement projects to enhance their environment. Aimed at improving the quality of life and business conditions, BIDs fund programs targeting local needs and revitalization, with funding primarily sourced from property owner assessments within the district. Managed by a nonprofit and overseen by a diverse board of stakeholders, including property owners, residents, and business owners, BIDs ensure community involvement and maximum benefit. Their services vary based on local demands, offering everything from cleanliness and security to economic development and marketing. BIDs are a widespread strategy for urban improvement, with over 1,000 established across the United States and more than 50 in North Carolina alone.
The Asheville City Council, by a vote of six to one, approved the creation of the BID and directed staff to create an RFP for a management contract. The Asheville Area Chamber of Commerce intends to respond to the RFP in partnership with the Downtown Association.
Learn more about the Downtown Asheville BID at DowntownAshevilleBID.com.
Source: Asheville Area Chamber of Commerce, Downtown Asheville BID