Local Economy

3 articles

A split scene of a high street showing thriving businesses on one side and protesting businesses on the other, representing the debate around Business Improvement Districts.

Business Improvement Districts: Purpose, Benefits, and Backlash

Dozens of UK businesses are refusing mandatory payments to Business Improvement Districts (BIDs), leading to court battles over organizations designed to improve local areas.

Eleni Kassian·June 8, 2026

A lively and revitalized small-town main street filled with diverse people enjoying shops and community spaces during golden hour.

Main Street Revival

How do community-led main street revitalization strategies work?

In Texas, researchers surveyed 5,487 residents across 85 diverse communities, from rural towns to large urban centers, to understand what truly drives their preferences for local development projects.

Kendra Baptiste·June 8, 2026

A vibrant San Diego main street showcasing a diverse range of businesses, from small shops to larger enterprises, under warm golden hour lighting.

Main Street Revival

What Are Business Improvement Districts And Why Do Their Fees Vary?

While many San Diego businesses contribute a nominal $40 annually to their local Business Improvement District, some anchor businesses face assessments reaching up to $5,000 each year.

Eleni Kassian·May 18, 2026