My colleagues and I are pleased to have an opportunity to address the joint committee. I will outline the role of the Dublin City Business Association. The DCBA represents retailers, property owners and transport companies in the business heart of Dublin. Our members employ in excess of 25,000 people and, as such, the organisation represents a significant part of the commercial life of the city.
Dublin city centre has developed significantly in recent years and looks better than ever with the redevelopment of O'Connell Street, establishment of the boardwalk and introduction of the Luas system, bus corridors and 22 car parks. It is a vibrant and dynamic European city with a unique bustling atmosphere and cosmopolitan character. The city centre has 4,000 shops, as well as ten department stores and shopping centres. The retail turnover is in the region of €4.2 billion per annum and the city centre enjoys an annual footfall in excess of 260 million. To put this figure in context, Dublin Airport has an annual footfall capacity of 23 million. Collectively, the members of the Dublin City Business Association contribute 75% of the rates collected by Dublin City Council.
Dublin City Business Association and Dublin City Council have formed a very successful partnership in marketing and developed many strategies, details of which have been circulated to members by our marketing people. Members will be aware, for example, of the successful Make the City Yours advertising campaign on radio and television. We have also produced a well-received Dublin city centre map which is, without question, the most widely used visitor map.
In the past 20 years footfall in Dublin city centre has increased by more than 300%. Our footfall figures for recent years are available to members. The DCBA is the only organisation which produces accurate footfall figures. Other figures which have appeared in the news media recently are inaccurate. Figures for this year, to date, show the footfall is slightly higher than for the same period last year. Mr. Larry Houston of the Atlantic Group in Philadelphia has said Dublin has pedestrian streets "Americans would die for." As all of us will be aware, one does not see the vibrancy of the capital's streets in many other cities around Europe or the world.
The business improvement district scheme, BIDS, is a new initiative started by the DCBA. I am pleased to note Dublin city centre became Ireland's first business improvement district on 1 January this year. I congratulate the former Taoiseach, Deputy Bertie Ahern, Deputy Cyprian Brady, and the former Minister for the Environment and Local Government, Deputy Dick Roche, on introducing the legislation which made possible this development. When businesses were asked to vote on whether to proceed with a business improvement district, 77.26% voted "Yes" and only 22.74% voted "No". The additional services the business improvement district will deliver include street landscaping, litter and graffiti removal and the introduction of street ambassadors. We have examined closely how the business improvement district model has worked abroad with the intention of bringing the best aspects of the approach to Dublin. I believe the Dublin model will be copied by many other cities and towns in Ireland. We look forward to Dublin being cleaner, greener and more competitive as a result of the business improvement district scheme.
The DCBA appointed a new CEO on 3 March. Our office has been established in O'Connell Bridge House and work on the project is ongoing. Members will learn more in the media in the coming weeks.
Our members continue to have great confidence in the city, as demonstrated by recent investment in the city centre, as well as future investment projects which are still on the drawing board. More than €600 million has been invested in the north-east inner city recently. While some of this amount was invested by Dublin City Council, the vast bulk of the investment was made by DCBA members. It is planned to invest more than €3 billion in the Henry Street-O'Connell Street area in the next five years. Members will be aware of the plans for the Carlton site for which a planning application has recently been lodged and the Arnotts site. The proposals for the latter site are still in the planning process. These plans constitute a major vote of confidence in the city's future by our members. Many more developments are afoot; for example, there are plans to develop the former site of The Irish Times on D’Olier Street.
The DCBA has a number of concerns. The Government must focus on the city centre as the engine of growth, particularly given that the Dublin city centre business district economy is responsible for 3% of GDP. The city centre is also of great symbolic importance for the country. If our city centre dies, the repercussions will be felt over a wide area, not only in Dublin. A thriving city is vital and we want the city to develop further. We hope more people will move to live in our cities and a higher standard of apartments will be built. Brown sites should be used for development. Members of the DCBA have travelled to other cities to observe how they have developed with a view to copying best practice. Not long ago a delegation visited Philadelphia to observe how a post-industrial, relatively run down city had developed into a vibrant economic unit in which a large number of people live in the downtown area and cultural life is thriving.
Access to the city centre is the life blood of the capital. From a transport perspective, we welcome the increase in the number of quality bus corridors and light rail services, both of which are proven and effective means of bringing people into the city. We support Transport 21, including metro north and the Luas. We ask, however, that the bodies carrying out the associated works do so in a manner that does not disrupt the life of the city. We request that time, thought and money be given to addressing our concerns. As I indicated, the city centre area produces 3% of the country's GDP. We cannot afford to damage the vibrant life of our city centre. The image we send abroad to attract tourists is very important.
The number of shoppers entering the city by car has been highlighted in the media recently, with speculation that cars will be banned from the city centre. Shoppers travelling to the city by car must not be obstructed from entering the city centre until a comprehensive transport system has been established. Unfortunately, we believe this objective will not be realised for many years. Shoppers travelling to the city by car contribute significantly to economic life. Each year there are 30 million visits to the city centre compared to 11 million by Luas. We have done considerable research on the spend of shoppers and found that shoppers travelling by Luas account for 12% of expenditure, whereas those travelling by car account for 88%. We really want to make the point that shoppers' cars are vitally important. Commuter traffic is different because commuters have to make their way into the city, as that is their place of work. Shoppers come in by choice and if we do not make access easy they will choose to go elsewhere. We cannot afford to lose the shoppers' cars into the city. The Government must ensure that Departments' decisions do not harm the economy of the central business district.
We welcome the new communities. Members are aware that Dublin has become a cosmopolitan city with many ethnic groups. They are part of the commercial life of the city and many of them choose to live within the city. We want to treat them as equal citizens and to look after their needs.
The Dublin City Business Association is calling for a "Yes" vote on the Lisbon treaty. We see the European Union and our links with it as vital to the economic life of the country. A vote for the Lisbon treaty is a vote for business. We support the Government in its call for a "Yes" vote. The DCBA has a passion and a pride in our city. We look forward to trading and living in it for many years to come. We trust the committee will do all within its powers to make sure that Dublin continues to be better and more prosperous as time goes on.