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New ‘BID’ to boost town

Thursday, 26 January 2017

New ‘BID’ to boost town thumbnailSome of the empty shops in Coleraine town centre.

A COLERAINE councillor is calling on businesses to back new plans to halt the town's 'decline'.
UUP Assembly candidate William McCandless said: "Despite the spin-off from recent revitalisation schemes, Coleraine still looks dowdy and uninspiring. It needs major investment to compete with Bally-mena and Londonderry.
“I appreciate money has to be ploughed into Portrush to attract tourists and in preparation for the Open. But I am concerned that Coleraine is losing out and being left behind. If the commercial heart of a town dies, the community spirit also disappears."
The UUP councillor's vision to halt the "blight" of empty high street properties includes creating a Business Improvement District.
A BID is an area where a levy is charged on all commercial ratepayers with money generated used to fund projects which will benefit local businesses.

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