LeedsBID invest 14m to improve Leeds City Centre

Leeds city centre which LeedsBIDs plans to improveLeeds City Centre

Leeds Business Improvement District have been backed by local businesses to inject £14 million to improve the city centre

By Molly Carr and Louise Hollingsworth

an image of Leeds city centre
Molly Carr Leeds city centre

Leeds Business Improvement District is a non-profit, business led partnership driving commercial investment in return for higher value into the city centre. 

The organisation says it’s directing its focus into five areas of focus: Ambition, Curation, Animation, Collaboration and Innovation. They state they will remain at the forefront of making new things happen in Leeds city centre.

LeedsBID invest 14m to improve Leeds City Centre

Approximately, 93% of Leeds businesses voted ‘yes’ for LeedsBID to secure second term. They plan to invest 14m into Leeds City Centre

Marketing Executive for LeedsBID, Sarah Towns says “Business Improvements Districts are business-led partnerships, bringing businesses together (in LeedsBID case Leeds city centre businesses in LS1 and some of LS2) to invest, collaborate and improve that area.”

“The BID is funded through a BID levy, which is a small percentage of a business’ rateable value. LeedsBID represents over 680 businesses.”

Chief Executive of LeedsBID, Andrew Cooper, said: “Our plans for 2020 – 2025 are even more ambitious than before and have been developed with the levy paying community and the needs of the city at the core.

LeedsBID website says “It aims to make Leeds city centre a cleaner, safer and more welcoming place, raising its profile nationally and internationally with new, diverse and prestigious events and exciting marketing campaigns.”

LeedsBID plan to put on huge events to help improve the city. This includes the Leeds International festival which plans to begin in April 2020. The festival website says “It’s a metropolitan celebration of new ideas and innovation. We invite world leading creators, innovators, thought-leaders and pioneers to Leeds to disseminate new ideas and discuss the world of tomorrow.”

Sports Leeds have announced that the awards will be supported by many keen sponsors including LeedsBID.

About the Author

This article was produced by a student or students on the BA in Journalism at Leeds Beckett University.

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