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St Peters Quarter Businesses Split Over BID Future

Businesses in Derby’s St Peters Quarter have been split about the future of the area’s status as a business improvement district (BID).

In order for the BID to be renewed, more than 50% of the businesses who voted were required to register a ‘Yes’ vote. These businesses should also hold more than 50% of the rateable value of those who vote.

Voting in the secret ballot closed at 5pm on the 21 July and at the final count 50% had voted in favour of the BID and these businesses held 57% of the rateable value.  There were also a number of votes which were received through the post after the deadline and these could not be included in the final count.

Businesses had been canvassed for their views on the work that had already been achieved in over the past five years and the work needed in the future to further improve the core retail area between the Cathedral Quarter and Intu Derby shopping centre.

The new BID would have launched on September 1st 2016 with businesses paying a levy to raise around £210,000 a year, totalling over £1.2 million over the five year term of the BID to carry out a programme of improvements for the area.

Stephen Jeffery is chair of St Peters Quarter Board which includes representatives from businesses across the area.

He said: “Although the majority by rateable value voted in favour, we are disappointed that the vote by number was split 50/50. This therefore does not meet the strict regulations governing BID renewal.

“Unfortunately this means that the valued resources such as the Rangers, street entertainment, Christmas lights,promotions, floral displays, sponsorship, business representation at city level and of course the collective work with our partners to attract further investment and lobbying to achieve positive changes will have to stop by August 31 2016.

“Therefore from September there will be no one championing or supporting businesses in this area which leaves them even more exposed to the uncertainties of the current economic climate and the challenges which continue to face the high street.

“The businesses within the neighbouring Cathedral Quarter and Intu Derby shopping centre are fortunate to have such representation and support.

“The outcome of such a close vote is very disappointing for the businesses in St Peters Quarter who wanted the good work of the BID to continue and will now see it come to an end.

ST PETERS QUARTER BID NEWS E-BULLETIN - ISSUE 212

E-newsbulletin

Issue No 212 July 2016

 

St Peters Quarter Safer Neighbourhood Day

A reminder that the latest in the BID's programme of Safer Neighbourhood visits takes place tomorrow - 20 July.

 

BID rangers will be visiting businesses in the area, accompanied by an officer from the City's Police Safer Neighbourhood team.  Visits will be on a call in basis, providing the opportunity for BID businesses to discuss issues that effect them and their immediate area. 

 

Derby Caribbean Carnival 

The glamour of the Derby Caribbean Carnival brought large crowds to the BID Area on Saturday as the carnival dance troupes made their way down Babington Lane and St Peters Street.

 

Local businesses got into the spirit of things, with Costa Coffee staff dressed in carnival costume. 

 

 

St Peters Quarter in Bloom

St Peters Quarter Facebook has recently featured some great photos of the BID area in bloom - hanging baskets, St Peters Church and Church Yard, and floral displays in the rear garden of the White Horse.

 

Like the BID on Facebook: stpetersquarterderby 

 

Question Night at Central United Reformed Church

There are still a few tickets left for the live broadcast of BBC Radio 4's Any Questions from the Central United Reformed Church this Friday evening - 22 July. Audience members to be seated by 7:15pm.

 

Available free of charge from the church office, or contact direct by email.

 

New business set to open in St Peters Quarter

Xercise4Less, situated in East Street, is set to open next Wednesday - 27 July, the same day that the Carnero Lounge is scheduled to open on St Peters Street

 

This follows on from the recent opening of Ponden Home Interiors in East Street with work underway on a neighbouring unit that will open as Diletto, a dessert and ice cream cafe.

 

New businesses are also set to open in Osmaston Road and Gower Street.

 

Diary Dates

whats onForthcoming events in the St Peters Quarter include: 

 

Wednesday 20 July - St Peters Quarter Safer Neighbourhood Day  10am - 2pm.

 

Friday 22 July - BBC's Any Questions - live broadcast from Central United Reformed Church

 

 

 

 

For more information on these and other events in the area, please visit : www.visitderby.co.uk  or  www.stpetersquarter.co.uk   

 

www.stpetersquarter.co.uk       01332 419050

 


St Peters Quarter Businesses Split Over BID Future

ST PETERS QUARTER BID NEWS E-BULLETIN - ISSUE 212

ST PETERS QUARTER BID NEWS E-BULLETIN - ISSUE 211

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St Peters Quarter BID Renewal Update issue 1

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St Peters Quarter BID News Update issue 172

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St Peters Quarter BID News Update issue 168

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St Peters Quarter Takes Centre Stage at Derby Festé

St Peters Quarter BID News Update issue 166

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Carnival Style Entertainment Comes to St Peters Quarter

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Floral Decoration in Cathedral Quarter and St Peters Quarter

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Cake Competition Plans

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Speakers Corner Launch

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Sound of Music

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Real Food Fair

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IT Courses

Body Shop Launch

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Tours Launch in St Peter’s Quarter

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