Little Saigon Business District
The Friends of Little Saigon Business District initiative, led by WalkDenver and the WDRC, is focused on pedestrian safety community beautification and stewardship of the pedestrian environment along Federal Boulevard between Alameda and Mississippi in Southwest Denver.
WHAT IS LITTLE SAIGON?
The Friends of Little Saigon Business District initiative is a collaboration with local community members to establish a business improvement district (BID) to promote the continued vitality, health, safety, prosperity, security, and general community welfare.
Support from the BID will support the creation of a strong sense of pride and place in the Little Saigon district by:
- Getting people outdoors and actively engaged in positive experiences with residents and business owners.
- Encouraging and support existing and increased use of multi-modal transportation options along the Federal Corridor.
- Supporting locally-owned businesses that provide economic opportunity to area residents.
- Accentuating the unique and vibrant cultural diversity in this part of Denver.
BUSINESS IMPROVEMENT DISTRICTS
BIDs are generally funded through a property tax mill levy which is used to provide direct support within the BID boundary. Support includes services such as cleaning and maintenance, economic development, public safety, planning, events, and parking management, but can also improve the district by:
- Providing a unified voice for the community.
- Leveraging public funding and projects.
- Enhancing the corridor’s brand and identity through art and design elements.
- Empowering property owners to govern the BID and determine how BID funds are spent.
- Funding safety improvements for pedestrians.
- Funding placemaking improvements such as event banners, light posts, string lights, and district gateways.
- Supporting increased sales, property values, and occupancies.
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