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$page_group='Press Room';
$title='Press Release &mdash; BID Spearheads Parking Lot Improvement Project, Cuts Costs by Almost 50 Percent';
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<meta NAME="keywords" CONTENT="Downtown revitalization, Main street, Business improvement district, BID, Business improvement area, BIA, Community development, Economic development, Funding, Business recruitment and retention, Clean and safe, Parking, Streetscapes, Façade improvement, Traffic and transportation, Marketing, Promotion, Festival, Event, Historic preservation">';


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<h3 class="contentheading">Press Release</h3>
 
	
	
<h2>BID Spearheads Parking Lot Improvement Project, Cuts Costs by Almost 50 Percent</h2>


<p class="body">(Boonton, NJ, August 1, 2009) &mdash; The Washington Business Improvement District (WBID) in 
Washington, NJ, shows a downtown group repositioning itself 
for future growth by taking on new financial activities.

<p class="body">The WBID received approval for a USDA-backed loan that 
will allow it to begin much-needed improvements to a
municipal parking lot.

<p class="body">What\'s especially remarkable is how much money the 
WBIDs taking the lead on the project will save taxpayers - 
almost 50 percent of the borough\'s original $1.2 million 
estimate.


<p class="body">


<p class="body"><b>About Downtown Idea Exchange </b>
<p class="body"><A HREF="http://www.DowntownDevelopment.com/dix.php" class="linkc" target="_blank"><em>Downtown Idea Exchange</em></a> newsletter is published by the Downtown Research & Development Center. For more than 50 years, the Downtown Research & Development Center has provided a forum for exchanging news, information and ideas on how to rebuild the hearts of our cities.

<p class="body">Website: <A HREF="http://www.DowntownDevelopment.com" class="linkc">http://www.DowntownDevelopment.com</A></p>
    
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