Near Southeast DC: Past News Items - Jan 04, 2007
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Southeast Waterfront BID Proposed
Jan 4, 2007 5:24 PM

From the Dec. 28 issue of Voice of the Hill (PDF only, see page 13): "[...] Southeast Waterfront property owners have embarked on the creation of a [Business Improvement District] to serve their rapidly developing area." What exactly is a BID? "BIDs are geographic areas in which the majority of property owners agree to a supplementary real property tax that goes toward special services, beyond what's provided by the city. Services typical include cleaning, security, hospitality, marketing, and business development. BIDs also address issues like transportation, access, parking, infrastructure, and homelessness in their realms." The BID would cover basically all of Near Southeast (from the Freeway to the river, and from South Capitol Street to the 11th Street Bridges); the Navy Yard, while not an official member, would collaborate on some initiatives. As for when this would take place? "Legislation for the proposed Southeast Waterfront BID should be submitted to the DC Council and the Office of the Mayor for review by late January. It is anticipated that the BID will become operational upon approval of the legislation in late April or early May." There are five other BIDs already in place in DC, including and the Golden Triangle BID.

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