Southwest Detroit secures state’s first Business Improvement District
In a first for Michigan, Southwest Detroit has formalized its Business Improvement District, meaning that assessments can be levied on property owners for services like marketing, maintenance and security.
In a first for Michigan, Southwest Detroit has formalized its Business Improvement District, meaning that assessments can be levied on property owners for services like marketing, maintenance and security.
Excerpt:
BIDs have been used to great effect in urban areas around the country. Assessments they generate can only be used in the designated area, which means services can be specifically targeted to the needs and personality of the district.
Read the entire article here.
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