What is a BID (Business Improvement District)?
A Business Improvement District is a partnership program with Auckland Council and is designed to focus on local economic development and keep our village revitalised by enhancing and promoting the unique, social and environmental qualities and characteristics of Glen Eden Village.
The principles of a Business Improvement District Partnership program have a holistic approach, which brings together all stakeholders in the village to improve the physical, economic and social environments.
Our Association is governed by a constitution in partnership with Auckland Council under Auckland Council Business Improvement District Partnership Program Policy 2011. An executive committee is responsible for the day-to-day operation of the association and overall financial direction. The executive committee members represent the Glen Eden Village businesses and building owners undertaking this duty in a voluntary capacity.
Background – the Glen Eden Business Improvement District
Back in 2008 each potential BID in Waitakere defined a boundary in consultation with its businesses. Then every property and business owner within that boundary voted to decide whether they wanted to establish a BID. This was called a BID Establishment Poll. In the Poll that was held to establish the Glen Eden BID in November 2008 73% of votes cast were in favour of the establishment of the BID.
In July 2009 Glen Eden became a Business Improvement District.
In July 2016 the existing Glen Eden BID underwent an expansion, which was a success. The Glen Eden Business Association now represents all businesses in Glen Eden as per (see map).
How is the BID funded?
BID’s are funded by an additional rate known as a ‘targeted rate’, paid by all business and commercial property owners within the defined area (see map).
Although council collects the rate for the BID, it does not spend the rate. 100% of the targeted rate money collected by council is granted to the BID Executive Committee.
Why Do Business in Glen Eden Village?
Busy Transport Centre
- 1,500 alignments/day
- 30,000 car movements/day
- one of the busiest train stations in Auckland
Free Car parking
- 2000+ free carparks
- Average lease approx $200/sqm/annum