Advanced Search

London's Jewelry District to get $3M Makeover

Jul 17, 2016 4:43 AM   By Rapaport News
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

Hatton Garden business owners approved a $3.3 million (GBP 2.5 million) investment to carry out improvements in London’s famed jewelry district.

A Business Improvement District (BID) will be set up in October to carry out the upgrade over the next four-and-a-half years. The development will focus on four themes: to provide better business connections and representation for the business community; promote the area; improve the public facilities; and enhance the environment.

Networking opportunities, mentoring and training programs, and projects will be set up to support businesses, protect the jewelry sector and position the area as a creative hub, according to members of the provisional BID board.

The project will be funded by a 1 percent levy on business rates and voluntary contributions from property owners.

* Picture: Hatton Garden Greville Street (courtesy). 
Tags: diamonds, hatton garden, Jewelry, london, London Diamond Bourse, Rapaport News
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2021 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.