We are a group of passionate, professional Place Managers who really care about the work we do, the results we deliver and the relationships we build with our clients.
Each of our team can bring an average of 15 years’ industry expertise to bear and we are motivated by the value which we can bring to each new location, both in terms of adding vibrancy and atmosphere, as well as delivering significant improvements to business performance.
Heartflood offers a professional, flexible and cost-conscious Place Management approach to a number of clients including Local Authorities, Business Organisations, Town & City Centre Partnerships and Business Improvement Districts, all with the sole aim of identifying and delivering major improvements.
Business Improvement Districts
Since their British introduction in 2004, a widespread network of Business Improvement Districts (BIDs) has been created across the UK.
BIDs are business-led and the majority focus upon town and city centres, although they are not confined to these areas, with many being formed in out of town industrial or commercial areas.
BIDs operate through the levy of a small percentage on Business Rates to fund local improvements, with the actual levy percentage varying depending on the area in question.
All BIDs have a clear and focused role, contained within a Business Plan which all eligible businesses and organisations are asked to vote upon in a ballot. For any BID to be successful, there needs to be a majority of votes supporting the proposals.
BIDs are designed to deliver additional projects and activities over and above those which are already taking place and a BID is not, therefore, a mechanism for any public or private sector body to cease to provide established activities.
The maximum term covered by a BID Business Plan is five years and the continuation of any BID beyond their initial term is reliant on the production of a renewed Business Plan and a renewal ballot of the businesses within the BID area. Numerous BIDs have achieved a successful renewal ballot and many are within their third BID term, having achieved two subsequent renewal ballots.
Our approach to Place Management is based on the development of strong local partnerships through which major improvements are identified and then delivered. Every place faces a unique set of challenges and we are proud of our open-minded approach to assessing and implementing the right mix of activity for each place.
With a wide range of Place Management models available, including Town or City Centre Partnerships, Town Teams, Business Improvement Districts and other solutions such as Place Branding, Marketing and Maintenance, you can be sure our broad experience means we’ll recommend the right approach for your location.
We are an expert team, passionate about places, and have delivered significant improvements to a range of locations.
We specialise in Place Management, particularly through the introduction of Business Improvement Districts (BIDs) and approach each location with the sole aim of identifying and delivering major, measurable improvements.
Heartflood have been involved with the Bradford BID development project. The Heartflood team played a major part in a recent event to launch the proposals in Bradford.
Heartflood Limited
