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Hatton Garden Bid Proposal HATTON GARDEN BID PROPOSAL 2021 – 2026 Working together to showcase the best of Hatton Garden 1 Hatton Garden BID Proposal April 21 – March 26 2 to be welcomed, especially if we must learn to live with social distancing measures for the foreseeable Five years of delivery... and we’re just getting started. future. The commencement of Crossrail services is a significant opportunity for Hatton Garden and the BID It’s hard to believe that almost five years have passed since is determined to ensure the benefits are felt by the our first ballot and the Hatton Garden BID was established. whole of our business community. What a first term it’s been: three Prime Ministers, two royal This Business Plan sets out our ambitions plans for weddings, three General Elections, the 100th anniversary our second term. You will see that we are stretching since World War One and partial women’s suffrage, the Brexit ourselves to continue delivering the best for Hatton Garden. Across our core strategic themes we will Referendum and of course, one global pandemic. remain your business advocate, your helping hand, your advice giver as well as a place-maker, a good CONTENTS times creator, a warm welcome and a protector. Amid this fast changing political and social many creative, cultural and corporate We are proudly pushing the boundaries, looking at landscape, Hatton Garden has been industries who want to be part of this thriving Chairman Foreword from Gary Williams 1 changing too. I have worked in the Garden hub. And while much has been achieved all factors that need to combine to make a place for more than 45 years and I still passionately over the past five years, our work is not done. vibrant and successful. We are commissioning Executive Summary 3 believe that it is one of London’s most special research to maximise the environmental and public The COVID-19 crisis and the recovery period First Term Achievements – 5 districts. As well as the capital’s historic realm opportunities for the area, we are looking at will have lasting impacts on the world, Better connected and represented Jewellery quarter, it is now evolving into a the barriers to growth, creating platforms to celebrate and businesses across London will require buzzing business hub and world class leisure success, and supporting the vulnerable in society. First Term Achievements – 7 significant support in the coming years. In destination with outstanding cultural venues, Area Promotion and Profile Raising Hatton Garden we have a diverse and Our second term will see even more collaboration. restaurants, pubs and bars. vibrant mix of businesses, some more resilient We have strong relationships with Camden Council, First Term Achievements – 9 We are very proud that the Hatton Garden to the crisis than others, but all have felt the the GLA, TFL, Network Rail and central Government, High Quality Public Realm FOREWORD BID has been at the centre of the changes. impacts of the pandemic and as your local which enables us to lobby on behalf of Hatton First Term Achievements – 11 For the last 4.5 years the BID team and BID we are here to respond to changing Garden businesses and ensure we are part of Enhanced Environment Board have been working to support needs and priorities. London’s growth and renaissance. We also recognise our local businesses, developing and we are part of a network of successful BIDs in central Your BID – Your Views 13 Our Business Plan for our second term has implementing projects and programmes London who are increasingly collaborating to press The New Term 15 been developed through consultation with to support economic development and decision makers on big, cross-cutting issues such as our business community. We are also taking improvements in the area. business rates, security and air pollution. New Strategic Priorities 16 account of the wider economic impacts of An Appealing Area 17 Our work is varied and ambitious. We are COVID and how London as a global city is We believe that Hatton Garden already means not only improving the public spaces in responding. Recovery will be gradual and business, but know it has huge potential to grow A Welcoming Area 19 the area but also creating networking and tentative, but we must seek to maximise further. Together, let’s ensure this potential is realised A Protected Area 21 business development opportunities for our future growth opportunities and harness some for the benefit of everyone lucky enough to be whole business community. We spend a of the unintended positives that have come involved in this wonderful part of London. A Stronger Area 23 huge amount of time meeting and lobbying out of these challenging times. The pandemic We hope you enjoy reading our Business Plan for the BID Managment and Governance 25 our stakeholders in order to position Hatton resulted in a reduction in air pollution, a focus coming term and will want to support it. Garden favourably within Camden and more on mental health and wellbeing, changing BID Budget 26 widely, London and are involved in promoting working practices and an enforced re- BID Levy Explained 27 major transformation projects such as the evaluation of the high street and the ongoing Holborn Island improvements. support retail is likely to need. The Hatton BID Boundary Map 29 Garden BID is well placed to take advantage Our commitment to support and protect of these impacts and consider how they can the historic Jewellery quarter and the many add value to businesses in our area. talented artisan craftsmen and women who work here has been ongoing, and because The Elizabeth Line is still scheduled for of the unique character and worldwide opening next year. Investment in major Gary Williams reputation of the area, we are also attracting infrastructure and public realm projects is CHAIRMAN’S Chairman of Hatton Garden BID 3 Hatton Garden BID Proposal April 21 – March 26 4 Over the last 4.5 years the Hatton Garden BID has proudly worked on behalf of the whole business community to bring additional programmes, support and activity to build on the already strong foundations of the Garden. This has included working with the hugely diverse and vibrant business community, local residential community and key stakeholders. In the BID’s first five year term, there have been several big changes and events which have impacted on London and business communities, from the uncertainty of Brexit and the promise (and delay) of Crossrail, to most recently, the significant challenge posed by COVID-19. Throughout the term, on all issues that affect our be business support, area wide marketing, public realm businesses, the BID has taken a proactive role in and strong lobbying. Through the BID we would see supporting all businesses and lobbying Government. £2,095,984 of investment spent over 5 years on a range As we continue to face the ongoing COVID-19 crisis, of strategic and operational projects. the Garden will endeavour to come through and grow The BID ballot comes at a pivotal point as the economy again by grasping opportunities and developing diverse begins to look to the future, stabilise and grow. ways to do business. Collaboration between the public and private sectors is This Business Plan clearly sets out the strategic and growing across the capital, and through BIDs, businesses operational projects the BID has delivered over its are having a bigger influence on how London evolves first term, but our work is far from over. Crucially, this than ever before. Collectively we are able to be a strong document sets ambitious and exciting targets for our force for good, helping to promote issues that concern second term. It’s a blueprint for the next chapter for the businesses and deliver the best outcomes for communities. Garden, and an articulation of our commitment to this We know that in recent times, businesses have been area’s wonderful business community. tested and stretched beyond anything before, but now SUMMARY Across London, BIDs continue to go from strength to is not the time to stand still and through this collective, strength, with more than 60 now established, and powerful voice, we can continue to facilitate the many are playing a vital role in the capital’s economic powerful agenda for change already laid down by the recovery. Hatton Garden is surrounded by areas which first term of the Hatton Garden BID. Working together continue to benefit from being part of established BID we will see an ongoing catalyst of revitalisation for districts, and it’s important that businesses in this area Hatton Garden by developing the experience of recognise the substantial advantages of being part of a working, living, doing business and visiting the area. BID community. With much achieved in our first term we Lobbying and Policy Makers are keen to continue the good work and do even more. We want to ensure that the Hatton Garden area is best As the economy moves into recovery our engagement placed to take advantage of any growth opportunities with policy and decision makers is more important and is resilient in the face of the challenges that London than ever. We are working closely with Government, will undoubtedly face in the coming years. Local Authorities, and third party stakeholders such as Transport for London, to ensure that the ‘voice’ of Through a second term, the BID will continue to focus on business is heard. what you have told us is important, which continues to The BID ballot comes at a pivotal point as the economy begins to look to the future, stabilise and grow. EXECUTIVE 5 Hatton Garden BID Proposal April 21 – March 26 6 FIRST TERM ACHIEVEMENTS Helping our business community collaborate, share success and expertise and benefit from the services available locally is a core focus for the BID.
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