Knightsbridge Property Owner Bid

In April 2025, property owners across Knightsbridge have the opportunity to vote for the formation of the Knightsbridge Property Owner BID and unlock £5million investment for the district in the initial BID term.

This significant investment can only be secured through formation of a Property Owner BID and will fund vital transformative projects including the Knightsbridge Place and Public Realm Strategy to be funded and delivered which, when complete, will enable Knightsbridge once again to truly compete internationally as one of the world’s leading luxury destinations.

The opportunity before us cannot be achieved by one single property owner. Creation of a Property Owner BID will provide the unified platform needed to unite all c50 owners across Knightsbridge to achieve strategic placemaking, policy influence and advocacy, area promotion and inward investment.

TOGETHER, WE WILL DELIVER TRANSFORMATIONAL CHANGE.

Business Proposal 2025-2030

  • BUSINESS PROPOSAL 2025-2030

    Discover our five-year business plan and benefits of establishing a Property Owner BID for Knightsbridge.

    DOWNLOAD HERE

  • Summary of Engagment

    DOWNLOAD HERE

  • Your vision for Knightsbridge

    A luxury global destination that rebalances the needs of people and nature, invites people to spend time in its historic streets and places and invites visitors to return again and again.

  • Our Mission

    • To realise the once in a lifetime opportunity of restoring Knightsbridge to its former glory, cementing its status as one of the world’s leading luxury destinations.
    • To actively increase the area’s residential and commercial property values, and commercial returns for property owners.
    • To significantly improve the public realm across Knightsbridge for the benefit of residents and increase domestic and international tourism to the area.

We will achieve this by

Working in partnership the private and public sector to secure £100 million investment to deliver the array of innovative and transformation projects within the Knightsbridge Place and Public Realm Strategy.

Creating a platform, made possible by creation of a Property Owner BID, for owners to come together, realise a shared long-term vision and be an influential voice for Knightsbridge

Elevating promotion of Knightsbridge as an International Centre on a London, national and global stage as a one of the world’s leading luxury destinations to invest, live and visit.

Investment case for the Knightsbridge Place and Public Realm Strategy

Establishment of the Property Owner BID will unlock initial funding for projects that will deliver:

  • +£1.8-4.3BN

    Cumulative additional spending over 20 years1

  • +3.1M

    Increase in footfall per annum

  • +£270-500M

    Net increase in retail property values

  • +£4-8M

    Increase in office rental income over 20 years2

  • Up to £442M

    Net additional spend per year

  • +£25-£47M

    Net increase in office sector property value3

1 NPV in 2025 discounted at 3.5% per annum

2 NPV in 2025 discounted at 7% per annum

3 NPV in 2025 discounted at 7% per annum

HOW TO VOTE

From 23 April 2025, you will be given the opportunity to vote on our business proposal for the establishment of the Knightsbridge Property Owner BID.

Key dates:

Your ballot paper will be distributed on 22 April 2025

You will need to cast and return your postal vote by 5pm on 22 May 2025

The results of the vote will be announced online on 23 May 2025

If you have any questions, please get in touch.

Get In Touch

BENEFITS OF THE PROPOSED BID

By coming together, the area’s property owners can take decisive leadership to improve Knightsbridge and champion its priorities to deliver lasting transformational change. These benefits will be achieved upon delivery of the Knightsbridge Place and Public Realm Strategy. Our ambition is to achieve a 40/60 split of the estimated £100m funding from the private and public sectors.

  • A United and Influential Voice

    Strengthen collaboration among property owners to drive £5m in additional investment in the initial BID term and increase property values across Knightsbridge.

  • A Safer, More Secure Destination

    Implement innovative security measures to position Knightsbridge as one of the safest luxury destinations globally.

  • A World-Class Visitor Experience

    Develop a curated evening economy, enhanced digital and physical wayfinding, and a multilingual strategy to attract international visitors.

  • A Greener, Healthier Knightsbridge

    Transform Brompton Road into a vibrant, biodiverse corridor with more green spaces, aligning with the Knightsbridge Place and Public Realm Strategy.