The South Hill (Fraser Street) Business Association is a not-for-profit organization that works in partnership with the City of Vancouver to promote and enhance Fraser Street between 41st and 50th Avenues as a vibrant shopping and business district. We are constantly looking for new and innovative ways to improve the appearance and appeal of South Hill, in order to promote a sense of community. In order to reach our goals we liaise with other community groups and neighbourhood organizations, who have a stake in the future of South Hill, to address areas of common interest.
The South Hill (Fraser Street) Business Association first received its BIA (Business Improvement Area) status from the City of Vancouver in April 2007.
The association is funded by a tax levy paid by each commercial property owner within the South Hill (Fraser Street) BIA boundaries. In most lease agreements, property owners pass on this cost to the business tenants. The annual SHBA budget is distributed to the membership prior to the Annual General Meeting, where it is discussed and approved. All BIA budgets are also approved by the City Council and the year-end financial statements are audited and reviewed by the City.
There are approximately 250 business tenants and commercial property owners within the South Hill (Fraser Street) BIA.