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Faculty Scholarship

2010

Business improvement district (BID)

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The Business Improvement District Comes Of Age, Richard Briffault Jan 2010

The Business Improvement District Comes Of Age, Richard Briffault

Faculty Scholarship

It is difficult to say precisely when the business improvement district (BID) was born. BIDs emerged out of legal structures and concepts that date back many decades, but the specific BID form is a relatively recent development. By some accounts, the first BID in the United States was the Downtown Development District of New Orleans, which was established in 1975. Few BIDs were created before 1980, and in most places the surge in BID formation did not really get going until around 1990 – the year that Philadelphia's Center City District was first established. Although new BIDs were created on …