Downtown SLO Update

Downtown SLO PBID Update: July 9, 2019

As of July 9, Downtown SLO has collected the requisite number of petitions necessary to legally move forward to request that the San Luis Obispo City Council authorize a ballot initiative to create a new Property-Based Business Improvement District (PBID). However, the Board of Directors of Downtown SLO voted today to withdraw from the next steps towards formation of this new district. We will not be moving forward with this initiative at this time.

While PBIDs have been successfully implemented in more than 100 cities across the state, and more than 1,000 exist in North America, questions have surfaced in our community and this issue has become divisive. Our goal as an organization has always been and must remain to present a unified voice for the businesses in the downtown.

Through our extensive outreach process, we gathered strong support for the formation of a PBID, but we want to ensure that our broader membership and the community at large have a greater understanding of the value of the PBID assessment and its potential positive impacts.

As downtown continues to evolve, with a healthy mix of longtime and new businesses, and more opportunities for residents and visitors to enjoy local businesses, our primary directive must be to continue to foster an economically vibrant downtown. Through thoughtful conversation with our membership, we will be refocusing our energy to engage with our business community on a shared vision for our downtown.

In the meantime, we will continue to provide marketing and advocacy on behalf of our members, events and programs to bring the community together such as Farmers’ Market, Concerts in the Plaza, Sip ‘N Saunter and our Business Education Series, among others.

We will also be exploring ways in which to expand our existing clean and safe program. We invite interested members of the community to join one of our committees to volunteer and to move forward.

Please contact PBID@DowntownSLO.com with questions.