What is a BIA?
A Business Improvement Area (BIA) is an association of local commercial property owners and business tenants who work together alongside the City to beautify, promote, and improve their defined area.
A voluntary Board of Management is elected from its Members, and approved by City Council, to implement various BIA activities and maintain its annual budget. Activities can include streetscape improvements (such as sidewalk planters, pedestrian lampposts, designer benches, pole banners, etc.), events and festivals, graffiti and poster removal, access to public wifi, and more. As a result, BIAs are a catalyst for civic improvement and significant contributors to the City's economy and quality of life.
A BIA finances its activities by collecting a levy from its BIA Members. Every Member is charged a share (levy) of the annual budget, based on that Member's share of the BIA's total commercial realty assessment. For example: If a business's commercial realty assessment is $6,000, the total commercial realty assessment of all businesses in the BIA is $2,000,000, and the BIA's annual budget is $100,000, then that business' BIA levy is:
|6,000 x 100,000||= $300|
The budget is determined by the Board and approved by all Members at the BIA's Annual General Meeting, as well as by City Council.
Where is Bloor by the Park BIA?
We are located along Bloor between the Dundas West and Keele subway stations, just east of High Park. You can drive (street and lot parking available), take transit, ride a bike (bike rings and bike share available) or stroll to our neighbourhood.
What can I find in Bloor by the Park BIA?
There are plenty of amazing places to visit in our BIA! We have some wonderful restaurants, coffee shops, florists, fresh fruit and veggie markets, gaming stores, beauty & grooming salons, hockey equipment specialists, ski equipment trading, healthcare providers, shoe repairs, and more. See our Business Directory for a full listing.