Lambeth Council has recently launched a consultation on its “Cooperative Local Investment Plan” (CLIP) for the Bishop’s Ward area, in which South Bank is located.
The CLIP process is the mechanism by which the Council decides where to allocate revenues collected from the charge made on new development in the area, called the Community Infrastructure Levy (CIL). CLIPS were approved by Lambeth in July 2014, leading to the identification of seven CLIP areas.
The inclusion of Bishop’s Ward represents an important opportunity for businesses in the area, as the Council is keen to hear their priorities for making South Bank and Waterloo a better place to live, work, visit and enjoy. You can find out more about the CLIP process, and how you can become involved here.
South Bank BID believes that it’s vital that businesses, employers and employees engage with the CLIP process, to ensure that South Bank’s investment needs are heard and understood by Lambeth Council and the local Councillors. South Bank’s success is built on the strength of its creative and cultural offer, its central London location, and the diverse range of business interests that can increasingly be found in the neighbourhood.
But it’s an area that is still very much in need of investment, especially in parts of its public realm which continue to suffer from inadequate levels of maintenance.
South Bank BID works closely with others, including South Bank Employers’ Group, to ensure that the neighbourhood receives the right levels of funding and investment, especially from local government, the Greater London Authority and Transport for London, and from central Government.
The voice of South Bank’s business community is a powerful and influential one, and it needs to be heard.
Don’t miss the opportunity to make your voice heard by registering your comments before Lambeth’s deadline of 25 February 2018.
The Council will review all responses and findings and produce a report which will be published in summer 2018.
The CLIP will then be used to inform future investment decisions in the area, including South Bank.
South Bank and Waterloo Information Leaflet