BRACKMILLS Industrial Estate, one of the UK’s most successful logistics and transport estates, has been a Business Improvement District (BID) since 2009.
This means that resident companies pool an annual levy – a total of nearly £2m over five years – which they use to fund initiatives, events and prioritised projects.
In September, businesses gathered on the estate for a Business Event and AGM, celebrating a year that has seen further investment in the roads, safety, security and in expanding the estate’s bus service.
Before becoming a BID Brackmills was a decaying industrial area, with crime at an all-time high. It has been dramatically reduced and a renewed sense of business community generated.
Sara Homer is the BID Executive Chair and also represents Brackmills at a regional level, in her new chair of Envoys at South East Midlands Local Enterprise Partnership (SEMLEP).
Sara explained: “We are rightly proud of Brackmills, an estate that would still be the same today if we had not come together to form a Business Improvement District.”
See next month’s Business Times for a full page feature on the estate and its recent Business Event, which saw the estate pledge its support for the Armed Forces Covenant.
Find out more at www.brackmillsindustrialestate.co.uk
