Business Improvement District Information

City of Caldwell

2023 BID Annual Newsletter

About

A business improvement district (BID) is a designated area within which property owners pay a fee in order to fund improvements within the district’s boundaries. Downtown Caldwell's BID will be administered by Destination Caldwell with a BID Board comprised of downtown property owners and stakeholders who have a vested interest in downtown.

The Downtown Caldwell BID will provide partial funding for the operations of Indian Creek Plaza, including, but not limited to, management and staffing, scheduling, marketing, beautification and programming of year round events at the Plaza.

All properties within the Downtown Caldwell Business Improvement District are subject to an annual assessment from the City of Caldwell that will be passed through to Destination Caldwell for the management and operations of Indian Creek Plaza. Property owners located within the district’s boundaries will receive the assessment via the City of Caldwell. Assessments are billed in January and are due in full by March 1st.

2023 Recap

289 Days

Events and Activities at Indian Creek Plaza in 2023

1 million

Visitors to the Downtown Corridor

68K

Ice Skaters at Indian Creek Plaza

49K

Social Media Followers (Facebook & Instagram)

225K

Visits to Indian Creek Plaza and Destination Caldwell’s website

Proposed Budget 2025

BID INCOME $350,000.00
Downtown Caldwell Marketing & Promotions $25,000.00
Event Expenses (Entertainment) $50,000.00
Destination Caldwell Staffing $157,000.00
Plaza Operations $40,000.00
Guest Visitor Tracking (Placer Ai) $18,000.00
Future High Impact Projects $45,000.00
Current High Impact Project (Playground Project) $10,000.00
Downtown Beautification $5,000.00