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Orpington launches BID scheme

Monday March 4th, 2013

Government Opportunities (GO)Orpington is leading the way for businesses, with its first Business Improvement District (BID) starting in the borough.

The BID scheme includeds Orpington High Street renovation, and the £1.5m scheme to relocate the library to the town centre.

Aiming to boost the town centre and give traders more say in its management, the first stage of plans have been approved by the town’s traders ballot.

Key issues to be handled by Orpington, over the next five years, include improving the town atmosphere, promoting shops, finding potential investors, improving accessibility, tackling crime/ anti-social behaviour and introducing cost reducing incentives for businesses.     

Local traders and businesses within the defined BID area voted on whether to contribute a levy, based on 1.5 per cent of rateable value.  Orpington 1st Ltd will use the levy money along with funds generated from other sources to deliver additional services to boost the town centre and its businesses.  Significant consultation has taken place with businesses throughout the BID campaign, including distribution of newsletters, drop in sessions, one-to-one interviews and an information day.

The BID will build on the existing partnership between the council and local businesses to develop projects and services defined by the traders.

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