It is now recognized that in addition to promoting business and shopping BIAs play an important role in improving civic gathering space physically and through events and activities attracting tourists and as attractive employment hubs ID: 1007129
Download Presentation The PPT/PDF document "THE VALUE OF BIAs ~ 2 ~" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.
1. THE VALUE OF BIAs
2. ~ 2 ~It is now recognized that, in addition to promoting business and shopping, BIAs play an important role in improving civic gathering space (physically, and through events and activities), attracting tourists, and as attractive employment hubs.
3. Downtowns Matter~3~Downtowns:Represent sustainable development, making the best use of our existing infrastructure and creating compact communities that encourage walking, cycling and transit useHave historic connections to the origins of the communityHave symbolic significance as the centre of civic life Are a central hub for festivals and celebrationsReflect a positive image of the entire cityProvide opportunities for local and incubator businessOffer an experience not found in new malls, plazas“Downtown matters. It matters to the overall health of the city. Research and the literature consistently report on the connection between a healthy downtown and a healthy city.”
4. The State of Mainstreet – Quick FactsLegislation first created in 1970First BIA in the world – Bloor West VillageCurrently about 305+ BIAs in Ontario 235 are members of OBIAA 82 in TorontoBIAs represent over 70,000 Businesses across OntarioAccumulated Levy of Ontario’s BIAs - $50,000,000Employment by BIAs is over 130 part-time staff and 175 full-time staff~ 4 ~
5. What do BIAs do?Oversee the improvement, beautification and maintenance of municipally-owned land, buildings and structures in the area beyond that provided at the expense of the municipality generally; andPromote the area as a business or shopping area. (Municipal Act 2001, c. 25, s. 204 (1)) ~ 5 ~
6. Who Benefits?Business Operatorsfrom improved atmosphere and ambienceRetailServiceProfessionalProperty Owners potential to increase property values and occupancyThe Community more vibrant community prosperous local economypotential to increase property valuesMunicipality and Province BIAs are strong local economic engines ~ 6 ~
7. 7Example of benefit
8. Partnership OpportunitiesAccess to:Municipal Programs (CIPs)Provincial Revitalization Programs (OMAFRA)BIAs can partner to: ~ 8 ~Develop common goals and visionBe a unified voice for local business issuesBe a forum for discussionFunding:Grants (Celebrate Ontario, Music & Heritage)SponsorshipEvent Revenues
9. For More Information…c/o 280 Queen Street SouthMississauga, ON L5M 1M1Phone: 647-521-5341 or 1-866-807-2227Email: info@obiaa.comwww.OBIAA.com~ 9 ~