The Marble Arch Business Improvement District has been launched after businesses in the area voted for the programme which will see c.£2.5m invested over five years. Businesses voted in February 2016 to establish a Business Improvement District (BID) for the Marble Arch area, with 78% voting in favour, rising to 88% by rateable value. Turnout was 60%. The result of the ballot was declared by City of Westminster’s Returning Officer on Friday 26 February.
Retailers, hotels and restaurants from Marble Arch, northern Park Lane, Connaught Village and Seymour Place to Edgware Road and the Marylebone Flyover supported the scheme. The five year package will commence on 1 April 2016. Marble Arch BID is now the eighth BID in Westminster, and will work with the council, the Mayor's office and TfL to improve the area, unite local businesses and deliver public realm improvements. It also aims to enhance trading conditions and support local schools and communities.
Martin Ramskill, chairman, Marble Arch BID, says, “Marble Arch’s heritage and appeal internationally and locally deserves to be matched by high quality public realm standards, place-making and business and visitor services. We want to improve the environment and experience for residents, workers and visitors, and are thrilled to see our plans so strongly supported by local businesses, Westminster City Council and our partners.”
Details of The Marble Arch Business Improvement District can be found here marble-arch.london/