As renaissances go, Bold Street is arguably Liverpool’s current poster child. It’s rise as a foodie hub and plaudits from the likes of the Sunday Times and travel bible Lonely Planet has created a real buzz, underpinned by some staggering facts:
• A record 24 new businesses in 24 months.
• A vacancy rate of less than 3% (regional average is 13.5%).
• Footfall up 6.2% in 2014 on 2013.
And yet, a recent assessment of Bold Street has identified that despite these strengths it is weak in encouraging ‘dwell time’ and ‘lacks greenery’.
Consultants Mott MacDonald, who are overseeing the city centre’s movement strategy, made this assessment last Autumn.
In response the BID Company has hosted a series of meetings with Bold Street businesses exploring ways to address these ‘weaknesses’.
Two ideas have come to the fore:
1. To create seated areas in current parking bays
2. To create planted areas
The BID Company is now in talks with Liverpool City Council to scope out these ideas and work out costings. Businesses will soon be consulted further, as the seating areas could potentially be managed by them.
In tandem with this exercise, the BID Company is also investigating ways to streamline waste management operations at a reduced cost for Bold Street businesses. A secondary benefit of this exercise would be to reduce traffic and damage to alleygates, and the resulting environmental and safety risks this poses.
Bill Addy, Liverpool BID Company Chief Executive, said: “Bold Street continues to grow from strength to strength and the variety of shops opening shows just how attractive a trading environment the street is.
“The BID Company will continue to do its utmost to support, promote and improve the street’s appeal and we hope to have concrete developments in the next 3-6 months on both the seating proposals and waste management issues.”
Since April 2013, Bold Street has welcomed a raft of mainly independent restaurants, cafes and fashion stores, such as:
• Central Perk
• Custom Cupcake Company
• Dig Vinyl
• East Avenue Bakehouse
• Johnny English
• Le Coq Rotisserie (May 2015)
• Liberty Flights
• Miyagis (May 2015)
• Mowgli Street Food
• Nolita Cantina
• Nook & Cranny
• Seoul Love
• Sida supermarket
• Wang Wang supermarket
Did you know? The BID Company manages Bold Street’s profile on both Facebook and Twitter, which have a combined following of 19,000 people.