Last night’s (May 12) Hatton Garden Business Improvement District (BID) proposal welcomed attendees from businesses across the area, to detail plans for the £2.5 million proposed investment aiming to harness commercial opportunities across the historic jewellery quarter.
Addressing guests at the event, chairman of the Hatton Garden BID, Gary Williams, discussed plans to improve the area, which will include public realm improvements to enhance the look and feel of Hatton Garden, area promotion, and boosts to employment and enterprise.
The well-attended event achieved a positive response, with guests enjoying champagne and canapés at the Natwest building in Hatton Garden. Speaking to Professional Jeweller, diamond specialist and designer for Olivia Grace Jewellery, Helena Lappin says: “Hatton Garden is a family. It always supports and helps each other and I felt that last night, everyone pulled together. It enforces the spirit of the area and it really is a village environment, there’s no area like. I thoroughly enjoyed it!”
There are more than 50 BIDs currently in operation across London. According to figures released by the Hatton Garden BID in its proposal, 85% of individual businesses who participated in its Perception Analysis “agreed in principal that a BID is the best vehicle to address business priorities in the area.”
The ballot opens on 16 June and closes on 14 July. A 50% positive response from the total votes will see the BID activity commence in October 2016.