2020 marks the start of an exciting new chapter for LeedsBID (Leeds Business Improvement District) as it enters its second five year term in the city.
After a resounding endorsement from businesses across the city centre in the BID’s renewal ballot in November 2019, with 94% of voters supporting the business plan for another five years, the business-led, not-for-profit organisation remains at the forefront of making new things happen in Leeds city centre.
Over the next five years, LeedsBID is committing a further £14m back into the city centre – an increase on its £12.5m investment over its first term.
Its work will build on the success of projects and initiatives delivered during the BID’s first term but also incorporates new elements in response to consultation and reacting to the requirements of the sectors and businesses it represents across the LeedsBID area (close to 700 businesses in LS1 and a proportion of LS2).
As the city ever increases economically and geographically, with the river becoming at the heart of Leeds, it is essential the BID is innovative in meeting the changing conditions and aspirations of the city.
In reflecting the make-up of an expanding city, LeedsBID will carry out, with partners including the chamber of commerce, property owners, landlords and existing businesses, a feasibility study to grow the BID to the south of the river.
Looking forward to its next chapter, LeedsBID’s work will centre on five areas of focus for 2020-2025:
Ambition: “Striving to achieve the best for businesses in Leeds, supporting the aspirations and excellence of the city centre.”
A commitment to supporting the city’s ambition to be the best city centre it can be will see LeedsBID working to help future proof the workforce of young professionals – playing an important part in growing, attracting and retaining talents and skills. A continued investment in the development of Ambition:Leeds, the retail and hospitality training academy, will assist in meeting the changing needs of all sectors in the city in uncertain economic times, supporting business aims and aspirations.
Curation: “Creating and maintaining an overall improved city centre experience for those who live, work and thrive in it.”
As use of the city centre increases and more businesses make Leeds their home, the presence of the hugely successful LeedsBID Street Rangers is essential to the look and feel of the city centre, and its continued appeal and economic success. They will remain at the heart of working in collaboration with others to curate and manage the challenges of everyday use of a 24 hour city centre.
Animation: “Breathing new life into the city with engaging events, activities and installations.”
Now an annual event, LeedsBID’s popular Summer in the City will continue to encourage people out of the office to enjoy the city centre, with deckchairs remaining a summer staple along with an assortment of seasonal events and activities to animate key office areas, helping enhance the working environment and employee health and wellbeing.
Collaboration: “Connecting with key partners for the greater good of the city and its communities.”
Leading a collaborative pooling of time, resources and expertise will see LeedsBID remain a central driver for the city, working together on city-wide projects and campaigns to create improvements and results – from the return of Leeds Jurassic Trail to a continued commitment to Big Change Leeds, helping those in most need on the city’s streets.
Innovation: “Continuing as a catalyst for change in this city centre, leading transformation with new, exciting ideas and innovative investment.”
Supporting the city’s ambition to be a greener city will see LeedsBID’s further work alongside Leeds-based Forge Recycling and Yorkshire Energy in supporting businesses to clean up their operations, looking at waste, recycling and renewable energy while helping cost savings and improving city centre aesthetics.
LeedsBID Chief Executive Andrew Cooper said: “We look forward to continuing to work across the city centre with all businesses and organisations on a diverse range of innovative, exciting and collaborative projects in line with our business plan, as we improve Leeds for the better and enhance the city for all those who live, work and thrive in it.”
For LeedsBID The Next Chapter 2020-2025 Business Plan and to keep up-to-date with LeedsBID projects, please visit www.leedsbid.co.uk, www.welcometoleeds.co.uk and www.ambitionleeds.co.uk