“Croydon town centre is an area of enormous potential and its Business Improvement District has an impressive track record of supporting local businesses over the last nine years, by helping to create cleaner, safer streets and promoting the area across London,” said the Mayor.
“I’ve promised to be the most pro-business Mayor of London ever and BIDs can play an important role by involving businesses in working with communities for local benefit,” he added.
Under the strategic direction of the town centre business community, Croydon BID has invested in excess of £15 million over the last decade in improvements designed to make a real difference in the area, in order to ensure that Croydon is regarded as one of the premier destinations in south London in which to work, live, visit and do business.
In October, as Croydon BID nears the end of its second five-year term, businesses in the town centre will once again be invited to take part in a confidential, postal ballot, to show their support for Croydon BID continuing for a third term.
Matthew Sims, chief executive of Croydon BID said: “Croydon BID is proud to have been at the heart of many of the changes that have taken place in the town centre over the last ten years and we are thrilled that London’s Mayor is backing our campaign for a third Croydon BID term.
“The Mayor’s support, along with that expressed by many of the businesses we represent, serves to highlight the crucial role that Croydon BID plays in making our town centre safer, cleaner, more attractive, better promoted, more accessible and a more vibrant place to be.
“With £5.2bn worth of private and public sector investment earmarked for the town centre over the next five years, including re-development of the Whitgift and Centrale Shopping Centres, the appearance and ambience of the area is set to be radically transformed in future and this will lead to a step-change for the businesses operating here.
“There are exciting and challenging times ahead for the local business community. Assuming we are successful at ballot, Croydon BID’s aim over the next five years, will be to continue providing much-needed support and direction to the businesses community, while working towards the common goals of creating a thriving local economy, strong and sustainable business growth, attracting inward investment and providing people with the sort of positive experience that keeps them coming back for more,” Mr Sims concluded.
The Croydon BID ballot opens on Monday 3rd October 2016 and closes at 5pm on Thursday 3rd November with the result being announced on Friday 4th November 2016.