Business Improvement District (BID)

URI: https://gptkb.org/entity/Business_Improvement_District_(BID)
GPTKB entity
Statements (32)
Predicate Object
gptkbp:instanceOf gptkb:public-private_partnership
gptkb:special_assessment_district
gptkbp:alternativeName gptkb:BID
Business Improvement Area (BIA)
gptkbp:approvedBy majority of affected businesses
gptkbp:commonIn gptkb:Canada
gptkb:United_Kingdom
gptkb:United_States
gptkbp:dissolved vote of members
gptkbp:duration fixed term, renewable
gptkbp:establishedBy gptkb:local_government
gptkbp:establishedIn gptkb:Toronto
1970
gptkbp:fundedBy levy on local businesses
gptkbp:governedBy gptkb:Board_of_Trustees
gptkbp:hasServiceTo gptkb:security
marketing
public events
street cleaning
beautification projects
gptkbp:legalStatus quasi-governmental entity
gptkbp:operatesIn urban areas
downtown districts
gptkbp:purpose enhance public spaces
improve commercial areas
increase economic activity
gptkbp:relatedTo economic development
urban revitalization
public-private cooperation
gptkbp:bfsParent gptkb:Property-based_Improvement_District_(PBID)
gptkbp:bfsLayer 8
https://www.w3.org/2000/01/rdf-schema#label Business Improvement District (BID)