Mention of TCAT’s research:
“A 2019 study from Toronto’s Centre for Active Transportation looked at the economic impact of putting pilot bike lanes on Bloor St. The key finding: “Monthly customer spending and number of customers served by merchants both increased on Bloor St. during the pilot.” The research suggests people who walk or cycle visit Bloor more frequently than drivers, and “[more] visiting affords more opportunities to spend.”
Not surprisingly, when the road was made more attractive for cyclists, customer spending went up.”
Read the full article: Danforth bike lanes would boost safety and business