Local Councillors have asked Council officers to investigate
whether a Business Improvement District (BID) would be feasible in Stockwell and Oval to
bring together the business community and the improvements that other town
centres have witnessed. A draft map of where the BID might operate has been drawn up here.
A BID is an organisation run by local businesses for the
benefit of the neighbourhood which businesses pay a small levy to fund
every year. Very small businesses are excluded. In Lambeth there are currently seven BIDs, our residents will
probably be most familiar with Vauxhall One who have installed new bins and
hanging baskets, provided their own jet washing and street cleaning of the
arches and town centre streets as well as supporting individual businesses with
cheaper bills for things like energy and rubbish collection.
Vauxhall One has
also hired dedicated police officers to keep Vauxhall safe and invested in improvements
like the pedestrianisation and improvements to part of Vauxhall Walk. There
is loads more like the summer screenings in Vauxhall Pleasure Gardens and the
Vauxhall Ice Rink. Have a look at their website to see more
about what they do.
Council officers will be assessing whether there are enough
businesses in the Stockwell area to make an organisation financially viable
(BIDs need a basic amount in order to effectively function over a
neighbourhood) and what the area around Stockwell town centre would make sense
for the business community. Once that information is back we’ll see how best we
can take this forward. To keep up with the campaign, please follow @StockwellOval.
56 comments:
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