Property Owner BID Business Plan - Central District Alliance

Property Owner BID Business Plan

Central District Alliance (CDA) is proud to launch the Business Plan for a proposed Property Owner Business Improvement District (PBID) covering Holborn, St Giles and Bloomsbury. Developed through more than a year of consultation with property owners, the proposal sets out a collective vision for investing in the future of one of central London’s most dynamic districts.

Bringing together property owners, occupiers and public sector partners, the proposed PBID would create a dedicated framework for owner-led investment in the area’s public realm, cleanliness and security, advocacy, insight and ESG initiatives. If approved, it would complement CDA’s existing Occupier BID and build on more than 20 years of successful partnership working across the district.

Read the Business Plan

Developed by owners, for owners

The proposal has been shaped directly by feedback from property owners across the district. Consultation revealed three recurring priorities: improving the public realm, enhancing cleanliness and security, and creating a stronger, more influential collective voice for owners.

Owners consistently highlighted the importance of creating an environment that attracts and retains occupiers, supports long-term asset performance and strengthens the area’s reputation as a place to work, study, visit, stay and invest.

Building on a proven track record

CDA has a long history of delivering projects that make a visible difference to the district. From major public realm schemes such as Princes Circus to enhanced safety patrols, greening initiatives, business advocacy and destination marketing, CDA has demonstrated the value of partnership-led investment.
The proposed PBID would build on this foundation, providing additional resources and owner representation to help accelerate improvements across the area and unlock further investment opportunities.

What the proposed PBID would offer?

Transforming the public realm

Working alongside Camden Council and other partners, the PBID would help shape and enhance major projects including the Holborn Liveable Neighbourhood and Bloomsbury Vision programmes. Investment would support better streets, greener public spaces, improved wayfinding and upgrades around key transport gateways and destinations.

Cleaner, safer and more welcoming streets

The proposal includes enhanced cleaning, additional security resources, targeted action to tackle anti-social behaviour and rough sleeping, improved reporting and maintenance, and initiatives focused on personal safety and perceptions of safety across the district.

Advocacy, insight and ESG leadership

For the first time, property owners would have a formal platform within the CDA business community. The PBID would provide a unified voice on planning, transport, business rates and other issues affecting investment and asset performance, alongside access to valuable district-wide data and insight.

A collective investment in the district's future

The proposed PBID could generate approximately £4.5 million over its initial three-year-and-three-month term, creating significant additional investment focused exclusively on improving Holborn, St Giles and Bloomsbury.

What happens next?

Eligible property owners will be invited to vote in the PBID ballot, which opens on 1st October 2026 and closes on 28th October 2026. The result is expected on or around 30th October 2026. If successful, the PBID will commence on 1st January 2027 and run until 31st March 2030.

This is a significant opportunity for property owners to help shape the future of Holborn, St Giles and Bloomsbury through collective investment and partnership.

Read the full Property Owner BID Business Plan to learn more about the proposal, the investment priorities and what it could mean for the future of the district.