Offices in Birmingham’s Jewellery Quarter benefit from new Jewellery Quarter BID
Supporting business growth and making the area a safer, cleaner environment are just a few of the benefits from a renewed Jewellery Quarter BID. The Jewellery Quarter in Birmingham is renewing its plans for improvement with the Jewellery Quarter Business Improvement District.
Headed up by ‘The Jewellery Quarter Development Trust’ and in partnership with Birmingham City Council, the Jewellery Quarter BID (JQBID) commenced on 1st September 2012 and applies to all businesses in premises with a rateable value of £10,000 and above.
The Jewellery Quarter is the largest BID area in Birmingham to date, with several successful BIDs in existence in Southside, Colmore Row, Broad Street and Retail Birmingham. Defined as the area bounded by Great Charles Street, Livery Street, Great Hampton Street, Key Hill Drive, Icknield Street, Sandpits/The Parade and Summer Row, the JQBID provides a range of services and projects designed to improve the business environment.
Over the years since its inception, the Jewellery Quarter has seen significant changes and its profile improved.
Carousel Marketing, whose sister company Carousel Property owns 3 Sovereign Court offices, pledged its support to the JQBID initiative in early 2012, and continues to support it.
The business rates of 3 Sovereign Court do not attract the levy.
The 6 key objectives of the Jewellery Quarter BID
- Make the Jewellery Quarter more attractive, tidier and cleaner – improve the economic wellbeing of the area and work with the Jewellery Quarter landowners and developers to take advantage of grants and other funding initiatives available for building improvements
- Provide a safer and more welcoming Jewellery Quarter – provide better amenities, facilities, cultural activities and visitor attractions
- Promote the Jewellery Quarter as a unique place to work, visit, live and invest – a unique destination for leisure purposes and a dynamic place to invest in and do business; encourage initiatives that provide high quality, sustainable and affordable housing
- Support business growth – facilitate a vibrant business network and promote meaningful engagement with the wider community
- Create a better-connected Jewellery Quarter – improve accessibility and ensure that the Birmingham Jewellery Quarter is a priority for the introduction of the proposed fast internet bandwidth
- Champion the Jewellery Quarter – promote and enhance the unique industrial heritage, and secure funding to promote a centre of excellence for exhibitions and sales