Hillsborough Street BID Formation Study | Raleigh | North Carolina | USA

 

Welcome!

 

This website has been created to provide information and updates on the City of Raleigh's "Hillsborough Street Business Improvement District (BID) Formation Study."

New!

The Hillsborough Street BID Formation Study Report and other new items are now available for viewing and downloading. Click here for the latest updates.

[Updated May 31, 2008] 

 

Background

The City of Raleigh, North Carolina hired Downtown Professionals Network to manage the Hillsborough Street BID Formation Study. The study area, contextually associated with North Carolina State University, contains a mix of commercial, institutional, and some residential property.

 

Planning to conduct a BID study began following a presentation made by the Department of City Planning at the February 2007 meeting of the Raleigh City Council which sought to identify complementary actions that may spark real estate investment and revitalization along Hillsborough Street.

 

A BID was suggested for the area because it could potentially provide the resources needed to improve the perceptions of cleanliness and safety, conduct on-going public realm maintenance, and enhance economic development efforts for the area through coordinated marketing and tenant recruitment.

 

Another potential benefit of a BID would be its ability to "speak for the street" by providing a unified voice for merchants and property owners. Over the past few years, the surrounding community’s focus for Hillsborough Street has been directed towards the transformation into a "great street and public realm," the enhancement of the street’s retail appeal, and improvements in vehicular and pedestrian safety.

 

Additionally, The Hillsborough Street Partnership brings together leaders from the City of Raleigh, North Carolina State University, the business community and the surrounding neighborhoods  to lend their collective vision and hard work to efforts to re-energize the Street - and give back to a community that gives so much. The Partnership is working effectively to catalyze both public and private investment within the area, and the formation of a BID could formalize and further enhance these and other advocacy-related initiatives.

 

The suggestion of the BID follows a major transportation planning effort for the Hillsborough Street corridor that has evolved over the last several years. The Hillsborough Street Transportation Improvement Program includes a menu of planning, construction, and street enhancement items. Among those improvements is a series of roundabouts and medians coupled with two miles of reconstructed street and streetscape.

 

A formal Request for Proposals was issued in July 2007 seeking professional consulting services to assist the City of Raleigh in completing a BID study. Downtown Professionals Network, a research and planning firm based in Batavia, Illinois, was ultimately selected to facilitate the study.

 

  Click Here for the latest project update 

 
 

Hillsborough Street BID Formation Study

Raleigh, North Carolina

 

 
 

Hillsborough Street BID Formation Study

Steering Committee

Ralph Recchie, Chairman

Director, Real Estate; NC State University

 

Donna Bailey

President; University Park Homeowners Assoc.

 

Sheila Carter

Senior Director of Communications; Lulu

 

George Chapman

Chair; Hillsborough Street Partnership

 

Ted Van Dyk

Principal; New City Design Group

 

Kevin Jennings

Owner; Porters / Frazier’s

 

Chris Ragone

Manager; BB&T

 

Craig Ralph

Homeowner; University Park

 

David M. Smoot

Owner; The Velvet Cloak

 

Bill Winn

Manager; Holiday Inn Brownstone

 

Project Manager

For more information, contact Kristopher Larson, City of Raleigh Project Manager:

Kristopher Larson, MPA

Senior Planner

City of Raleigh

Department of City Planning

Urban Design Center

133 Fayetteville Street, Suite 100

Post Office Box 590

Raleigh, North Carolina 27601-0590

Email: kristopher.larson@ci.raleigh.nc.us

Telephone: (919) 807-5220

 

 

28 S. Water Street, Suite 214 

Batavia, Illinois USA  60510

 

Telephone: 630.482.2930

Fax: 630.482.2928