Water Street Business Improvement District

FY 2024 ANNUAL BUDGET

The Water Street Business Improvement District was formed in 1990 to allow business and property owners in the Water Street business community to develop, manage and promote their business district and to establish an assessment method to fund these activities. The Water Street BID stretches along both sides of Water Street from the Chippewa River west to Seventh Avenue. An 11-member board guides the district.


Objectives:

  • Promote the area as a complete neighborhood/community shopping and service area with a pleasant pedestrian atmosphere.
  • Encourage and promote the development and vitality of the district.
  • Promote an efficient system of public and private parking.
  • Market Water Street as an attractive, desirable place to live, work, shop and be entertained.
  • Promote development, which achieves a high standard of environmental quality and urban design.
  • Promote improvements to the riverfront as a resource, which benefits Water Street and the community.
  • Promote the physical rehabilitation of the district that incorporates elements of its history, contemporary design and environmental aesthetics.
  • Encourage activities that promote Water Street as a destination for visitors.

Outputs:

  • Support and coordinate with Downtown Eau Claire Inc. (DECI).
  • Purchase, install, and maintain monument signs on Water Street.
  • Provide trash containers, trash collection and public amenities such as benches.
  • Support merchant association activities, such as street festivals and holiday promotions.
  • Support and promote the use of the Chippewa River State Trail through the district.
  • Provide holiday decorations on the street.
  • Fund improvements to the Water St. Landing page on the DECI website, to provide additional branding and recognition to Water St. businesses.
  • Explore extending the BID west to allow interested businesses to benefit from the BID activities.
  • Downtown Eau Claire Inc. provides staffing assistance.

Water Street BID Revenues & Other Financing Sources

Water Street BID Expenditures & Other Financing Uses