Merchants need to look to themselves
By Albert Koehl
What if Bloor Street merchants — especially those who believe the bike lane is bad for business — could magically create a new supply of parking spots for their motoring customers?
By Albert Koehl
What if Bloor Street merchants — especially those who believe the bike lane is bad for business — could magically create a new supply of parking spots for their motoring customers?
When confronted with the question of whether or not to support the city’s pilot bike lanes on Bloor Street, the Bloor Annex and Korea Town Business Improvement Areas (BIAs) commissioned a study on the economic impact of the bike lanes. The comprehensive evaluation yielded clear results and also found a discrepancy between the attitudes of merchants and the positive impact the lanes appeared to have on their bottom lines.