LISTEN: The Marble Arch Business Improvement District has been launched after 88% of businesses in the area voted for the programme which will see £2.5m invested over five years.
Retailers, hotels and restaurants from Marble Arch, northern Park Lane, Connaught Village and Seymour Place to Edgware Road and the Marylebone Flyover supported the scheme.
The five year package will commence on 1 April 2016.
Marble Arch BID is now the eighth BID in Westminster, and will work with the council, the Mayor of London’s office and Transport for London to drive investment into the area, unite local businesses and deliver public realm improvements.
It also aims to enhance trading conditions and support local schools and communities.
Martin Ramskill, chairman, Marble Arch BID, says, “Marble Arch’s heritage and appeal internationally and locally deserves to be matched by high quality public realm standards, place-making and business and visitor services. We want to improve the environment and experience for residents, workers and visitors, and are thrilled to see our plans so strongly supported by local businesses, Westminster City Council and our partners.”
Sir Edward Lister, chief of Staff and deputy mayor for planning, said: “This decision will be a great boost for the Marble Arch area, brilliantly positioned between Oxford Street, Marylebone and Mayfair, and Bayswater and Hyde Park. I am sure that this Business Improvement District will enhance this critical area of West End for residents, workers and visitors and help Marble Arch to become an even stronger driver of the capital’s economy.”
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