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Regeneration consultancy firm takes over Hampstead Village Business Improvement District

The Primera Corporation says it wants to win "trust and support" of community

01 February, 2019 — By Tom Foot

THE Primera Corporation – a “regeneration” consultancy firm – has taken  over the running of Hampstead Village Business Improvement District (BID).

The group, which works with similar BIDs across the country, said it would be appointing  a new manager to run the organisation following a “period of uncertainty”.

The chief executive of Hampstead BID resigned before Christmas following a public dispute with businesses.

 The company, based in Clerkenwell, said: “Today we have written to all BID levy payers to update them on the change of management and to inform them that a new dedicated BID manager will be starting shortly.

“We are proud to now be working for the businesses of Hampstead and look forward to delivering on the commitments in the Business Plan, building valuable alliances with businesses and winning the trust and support of the local community.”

BIDs rake money from high street business and are supposed to use the funds to improve the area.

Many believe that the council or other democratically elected authorities should be in charge of maintaining the public realm.

In 2016, 111 o 243 businesses in Hampstead voted to introduce the system – but there has been strong criticism of the project since it was set up.

King  William IV pub landlord Jimmy McGrath has refused to pay the levy saying it was not clear what the money was being spent on. He is due in court later this month as part of the dispute.

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