Victoria Westminster Property Owner BID

BUSINESS PLAN

A new opportunity for property owners to shape the future of London Heritage Quarter.

We are seeking to establish a Property Owner Business Improvement District for Victoria Westminster designed to complement the existing occupier BID (Victoria Westminster BID) already operating in the area.

 

Why a Property Owner BID?

A Property Owner BID would give property owners, landlords and investors:

  • A unified voice on strategic issues affecting the built environment and long-term asset value
  • Direct influence over investment priorities, placemaking initiatives and area-wide improvements
  • Collaborative leverage to address challenges that individual owners cannot tackle alone – from public realm enhancements to sustainability programmes
  • Additional resource to enhance operational services, adding budget and capacity to deliver more for the area
  • Aligned interests with occupier BIDs, creating a coordinated approach to making Victoria Westminster more attractive, competitive destination

 

Working in tandem

A Property Owner BID can operate on two levels.  Strategically, it focuses on the long-term issues that matter most to those with a lasting stake in the area – capital projects, planning engagement, infrastructure and the factors that underpin rental values and investment returns.  At the same time, it strengthens the operational agenda by providing property owners with a direct voice in day-to-day priorities and contributing additional budget to amplify the services already delivered by the occupier BIDs.

Together, both structures create a stronger, more resilient partnership for London Heritage Quarter.

 

Get involved

If you own property in the Victoria Westminster BID area and would like to contribute to shaping the new Property Owner BID – or simply learn more about what a Property Owner BID could mean for you, we would welcome your input. Contact info@london-hq.co.uk.

 

Timetable

  • Notice to Secretary of State – 9 January 2027
  • Confirmation of BID Proposal – 15 May 2027
  • Despatch of Voter Canvass – 2 July 2027
  • Close of Voter Canvass – 3 August 2027
  • Despatch of Notification of Ballot – 17 August 2027
  • Despatch of ballot papers – 31 August 2027
  • Close of Ballot – 30 September 2027
  • Issue of Result – by 5pm Friday 1 October 2027

Registered office address: 54 Wilton Road, London SW1V 1DE. 
Private company limited by guarantee. Registered in England & Wales.