The Richmond City Council has adopted a resolution to form a Property Based Business Improvement District in Historic Downtown Richmond, encompassing the commercial district from 6th-16th streets between Bissell and Barrett Avenues.
The majority of downtown Richmond property owners approved the district, a self-imposed and self-governed property tax assessment to fund new economic developments, enhance city services and protect the infrastructure investments made by the former Redevelopment Agency.
Business Improvement districts have been popping up all over the country over the past decade. These districts are seen as a revitalization tool for downtown areas throughout the Bay Area including Oakland’s Temescal District, downtown Berkeley, and the Fruitvale District in Oakland.
The district in Richmond will be managed by the Richmond Main Street Initiative, a nonprofit organization that has been working to revitalize the downtown Richmond area for more than a decade.
The purpose of the improvement district is to create and sustain a prosperous downtown by producing a consistently clean, welcoming and attractive downtown experience, attracting and retaining new businesses and cultivating a fun and vibrant environment.
Richmond Main Street has made significant improvements including promoting arts and entertainment, supporting an annual Summer Youth Entrepreneur Program, increasing access to Healthy Village Farm Stand events and Zumba classes and establishing a weekly Farmers’ Market.
For more information call Richmond Main Street at (510) 236-4049.