In a Meeting

What is a Business Improvement District 

A Business Improvement District is a public/private partnership between the property and business owners make a collective contribution to the maintenance, development, and promotion of their commercial district.

 

Multiple property owners agree to have an extra fee (assessment) that is provided towards the BID.

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There are over 30 BIDs in the City of Milwaukee

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Why have a Business Improvement District? 

With a Business Improvement District, North Teutonia Avenue can strive for:

  • A cleaner, safer and more attractive business district 

  • A steady and reliable funding source for supplemental services and programs 

  • The ability to respond quickly to changing needs of the business community 

  • The potential to increase property values, improve sales and decrease commercial vacancy rates 

  • A district that is better able to compete with nearby retail and business centers

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Woman enjoying flowers that were purchased in north teutonia avenue.

Business Improvement Districts deliver a range of supplemental services in coordination with municipal services and invest in the long-term economic development of their districts.

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The Services that can be Provided by a Business Improvement District are:

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  • Street Maintenance

  • Public Safety/Hospitality

  • Business Development

  • Marketing

  • Landscaping

  • Community Service

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