A group of business property owners have gathered to investigate the feasibility of establishing a business improvement district in Upper Merion Township. A new Web site has been created that details information of creating a Business Improvement District in King of Prussia – www.kingofprussiadistrict.com.
A business improvement district, which has been implemented in such local communities as Ardmore, City Avenue, Center City, Jenkintown and West Chester, is an organizing and financing organization established to provide services to a business district that extend beyond the level of services provided by the local government. These services include capital improvements, enhanced maintenance, street lighting or beautification, or business promotion and special events.
“Business Improvement Districts have been very successful throughout the United States and our region. There focus is different depending upon the area in which they serve, however what they all work on is to make the area in which they serve thrive and remain competitive in our ever changing global economy. We are happy to assist Upper Merion Township with the development of this website so that it provides the business owners and residents up to date information on BID’s and updated meeting information,” said Rob Henry, Executive Director of GVF Transportation.
There are a number of benefits that residents of a business improvement district will see. Areas that have implemented them often see an increase in property values, increase in modes of public transportation and improved signage and streetscaping.
For more information about the proposed King of Prussia Business Improvement District, log onto www.kingofprussiadistrict.com.
GVF Transportation is a not not-for-profit membership organization that works to enhance mobility and safety through the reduction of congestion and pollution. GVF Transportation helps to promote the area's orderly growth, sustain its quality of life and ensure its continued economic vitality.