Maintaining shopper footfall in Dundee city centre is a key aim of the Business Improvement District (BID) project.
Boosted by the SNP-run council’s U-turn, endorsed yesterday, to save the DUNC.A.N anti-crime initiative, the BID steering group restated the benefits they believe the project will deliver for traders in the centre of Dundee.
Dundee city centre businesses will shortly be able to vote for a BID and will soon receive the BID business plan outlining the objectives of the project.
The proceeds of the business-led initiative, supported by levy payers, will fund initiatives designed to enhance the traditional commercial heart of the city.
The investment budget will be in excess of £1.6 million over five years and is aimed at ensuring the centre fulfils its potential and allows businesses to effect change on their own terms.
Jon Walton, chairman of the steering group, said: “We would urge all city centre businesses to grasp this opportunity.
“Through over 60 planned projects the Dundee BID would deliver tangible results in terms of footfall, reduction in crime, fewer empty shops and improved perceptions of the area, as BIDs have successfully done in many cities the length and breadth of the UK.
“The time to make a difference is now, and we look forward to distributing the business plans and ballot cards later this month to get the ball rolling.”
Mr Walton said the Dundee BID consultation process had revealed that businesses want to make their own decisions and address issues and perceptions which others will not.
The need to find innovative solutions to compete with free out-of-town parking was one issue that arose, and the BID was committed to providing solutions in a way that will provoke action.
He continued: “With Dundee having the highest rate of long-term city centre vacancies in Scotland, one of our measurements will be to lower these rates and, at the very least, improve the appearance of these vacant units.”
“Landlords of vacant properties will invest in the BID like everyone else, encouraging a greater level of involvement.”