Back to News

PR: Main Street BID

By 25th July 2019News
Main Street Image
Main Street Image

Main Street BID

Over the last eighteen months, the GFSB has received many complaints from our retail members about worsening trading conditions. It is a well-publicised fact that town centres throughout the world are facing similar difficulties.

With this in mind, the GFSB contracted retail analyst Kerching in 2018. The brief was to conduct a review of Main Street and propose changes to make our town centre a more attractive destination.

One of the key recommendations in the report was to form a Business Improvement District (BID), which could manage and co-ordinate the proposed improvements.

We are delighted to announce that we have now appointed Mosaic, leading experts in this field, who have prepared and managed more than one hundred BIDs throughout the world.

We would like to thank everyone who has participated in the process up to now, especially the Government of Gibraltar, who have shown their commitment and enthusiasm for the benefits that a BID can bring by making a significant financial contribution to get this initiative off the ground.

GFSB spokesperson said, “The Federation looks forward to engaging with all stakeholders – trading bodies, retailers, members of the public and others to make the BID a reality. Our aim is to transform our town centre into a world class destination so that it benefits everyone in Gibraltar, local residents, businesses and visitors alike.  We want everyone to BACK THE BID!”