A PBID (Property and Business Improvement District) is a special assessment district created by property owners within a defined area to fund services and programs that directly benefit their properties and the surrounding district. Through the PBID, property owners collectively agree to pay an annual assessment, which is then managed by a nonprofit association, consisting of Northgate Blvd. property and business owners, dedicated to delivering the district’s services and priorities.
The purpose of a PBID is to provide improvements and enhancements above and beyond what the City typically provides—helping ensure that Northgate Blvd. stays clean, safe, vibrant, and economically competitive.
PBID funds are commonly invested in services such as enhanced safety and security, maintenance and beautification, marketing and events, business support, and advocacy. By pooling their resources, Norproperty owners are able to make long-term, coordinated investments that strengthen the district’s appearance, vitality, and overall appeal.
PBIDs have a strong track record across the country as effective tools for revitalization, economic development, and building community pride.
If you have any questions or would like more information, please don’t hesitate to contact us—we’re here to help, please reach out!