Wood Green is a diverse and vibrant town centre. It is well-connected and is designated by the Mayor as an important Metropolitan Town Centre. However it is one of the lowest performing in a number of ways and recently the area has suffered from the loss of some big retail names.
But Wood Green is also about to go through an unprecedented period of investment and change, with the possibility of Crossrail 2, thousands of new homes in the area, and ambitions for a new cultural quarter and improved links to Alexandra Palace.
If done well, these investments have the possibility of revitalising the town centre, but it is key that the existing business community has a strong voice to make sure that the benefits are shared across the whole of the Town Centre, from Wood Green tube station to Turnpike Lane. A BID can provide that voice and help to address businesses’ issues.