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BUSINESS PLAN 2023 > 2028

05.

SIX WORK PROGRAMMES  2023 > 2028

The long-term success and vibrancy of areas such as Fitzrovia doesn’t happen by coincident, it requires attention and more importantly, it requires collaboration. That’s why, at The Langham Estate, we are very supportive of the proposals.

Phil Hardie, Chairman
The Langham Estate

The BID will focus on delivering on six interconnected programmes which together will be effective at supporting and promoting the growth of Fitzrovia businesses, while at the same time reflecting any additional interests of the wider community.

These six key programmes will be underpinned in their delivery by economic, environmental and social objectives:

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 1

VOICE AND REPRESENTATION

The Fitzrovia Partnership is recognised as a representative voice of business. It serves as a focus for bringing together and allowing a two-way dialogue between its members and a range of local, London and national bodies, particularly Camden Council, the Mayor of London and Transport for London (TfL).

The West Fitzrovia BID will be a catalyst to encourage public and private sector partners, working together to support and invest in projects that will enhance Fitzrovia and ensure that the district continues to evolve and thrive.

The power of partnership extends beyond business and government. The BID actively engages with other elements of the Fitzrovia community so that projects are selected and designed with input from, and a clear understanding of residents’ interests and those of other nearby institutions and organisations. The Fitzrovia Partnership ensures that the history and heritage of the area is respected in the approach.

The West Fitzrovia BID will be a voice for business interests, but any vision can only be achieved with the support of partners in the local authorities and wider community.

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 1: VOICE AND REPRESENTATION

The Fitzrovia Partnership will:

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 2

ESG – ECONOMIC, SOCIAL AND GOVERNANCE

COVID-19 and climate change have made us realise that we are not masters of our planet but rather stewards of nature. Environmental, social and governance (ESG) has taken on a greater significance in recent years. Sustainability will be at the heart of everything we do and deliver for Fitzrovia during the BID term. How we do business in Fitzrovia can make a difference to the Carbon Net Zero and wider sustainability agenda.

ESG criteria is of increasing interest to companies, their investors, and other stakeholders. With growing concern about the ethical status of companies, these standards are the central factors that measure the ethical impact and sustainability of investment in a company. It is an increasing possibility that ESG will become compulsory and to stay ahead of regulations and the competition, companies will look to integrate their business into the ESG framework.

Organisations that find it difficult to embrace environmental or social factors may end up struggling to deal with regulatory, legal, or reputational issues. Evidence is beginning to demonstrate that companies performing on ESG practices have higher growth and lower volatility, higher employee productivity, reduced regulatory and legal interventions and cost reductions.

The Fitzrovia Partnership will seek to assist members achieve these important targets through its collaborative work in the district and will promote the adoption of quality employment practices such as the London Living Wage to businesses and contribute to the Council’s Fairer Westminster Strategy. With our members and partners, we will help West Fitzrovia build a more sustainable and resilient future.

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 2: ESG 

The Fitzrovia Partnership will:

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 3

ENVIRONMENT AND PLACE

This theme encompasses day-to-day public realm management services to improve the appearance and safety of the area. Support will be provided for businesses moving towards net zero and longer-term aspirations to help the Fitzrovia West Neighbourhood move towards net zero, working with its sister BID The Fitzrovia Partnership and the Neighbourhood Forum to make the whole of Fitzrovia a sustainable neighbourhood.

Heightened awareness of sustainability is affecting consumers’ purchasing choices, increasingly selecting property location based on the environmental performance of a building and rising commodity prices and supply chain uncertainties are affecting business performance and viability. Consequently, there also is a strong business case for migrating to sustainable ways of operating across the whole of Fitzrovia.

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 3: ENVIRONMENT AND PLACE

We will provide additional street management services in partnership with the local authority and explore innovative approaches to create a cleaner, safer and more welcoming place. This will include enhanced security to tackle anti-social behaviour and street crime:

Our programme to support businesses in their journey to net zero will initially offer incentives and advice on sustainable travel reducing commercial and polluting vehicles in the area and reducing single-use plastics and food waste. The programme will be expanded in each year to cover more sustainability strands:

Today people expect much more from public places than ever before. Rather than wanting purely functional and safe places, the public realm needs to be a place for people to meet, relax, enjoy public art, for trees and planting, informal play, alfresco dining, and a place that mitigates the impacts of climate change. The case for investment in Fitzrovia’s public realm is strong and will directly contribute to attracting visitors, workers, and further inward investment, thereby creating a virtuous cycle of new businesses and jobs.

We will work with the statutory Fitzrovia West Neighbourhood Forum to bring about longer term and lasting improved public realm and our activities will include:

Image of Cleveland Street

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 4

REDUCING COSTS

Increasing occupancy costs continue to challenge business in Fitzrovia. Through specialist and sustainable procurement and economies of scale, we will provide added value and tangible benefits to help meet members’ economic, corporate, and social responsibility, and environmental ambitions. Our Fitzrovia Partnership programme has already realised circa £6m in bottom line cost savings for business members since it started.

The call to action to achieve net-zero carbon emissions for Fitzrovia ahead of the 2030 goal spurred us to ascertain the cost to the area of waste companies in the area. There are currently more than 50 waste and recycling companies operating in the West End. Each provide at least one daily collection. The additional vehicle congestion and resulting pollution led us to take a sustainable approach for the area and undertake a tender process to select preferred suppliers for business waste and recycling for member businesses based on their environmental credentials. We will roll this scheme out to West Fitzrovia businesses to reduce the number of waste vehicles in the area and secure discounted rates to save businesses money.

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 4: REDUCING COSTS

The Fitzrovia Partnership will:

Image of Sergios in West Fitzrovia

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 5

INSIGHTS

To support the success of Fitzrovia businesses across the neighbourhood we are constantly evolving our approach to data-driven performance – capturing, publishing and utilising information to help inform our members work and business decisions.

We will deliver insights to support members in West Fitzrovia, enhance customers experiences, attract visitors and investment, showcase the impact of our work programmes, evidence our advocacy and measure our overall impact.

Our communications programme will provide regular updates of relevant news and business insight for members together with a programme of networking and business insight events.

We want businesses in West Fitzrovia to be equipped to perform at their optimum every day – and to assist that the BID seeks to provide business members with tools, guidance and support they need to thrive.

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 5: INSIGHTS

The Fitzrovia Partnership will include and make available to businesses in West Fitzrovia its current activities that include:

Image of people on Great Titchfield Street

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 6

PROMOTION AND COMMUNICATIONS

The Fitzrovia Partnership has a broad communications and events programme that is free to use for member businesses. We promote and communicate to targeted audiences, from local business owners to employees to the local community to visitors to Fitzrovia.

Our events, business collaborations and promotional programmes will grow into West Fitzrovia with  bespoke offers for member organisations, making the area a fun and vibrant place to be.

SIX WORK PROGRAMMES  2023 > 2028

PROGRAMME 6: PROMOTION AND COMMUNICATIONS

The Fitzrovia Partnership will:

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