Acknowledging the concern from local businesses that lane and parking reductions will negatively impact local business, a growing number of studies show that bike lanes have a neutral to positive impact on local merchants.
An economic review of the impact of the bikeways from Avenue Rd to Shaw St found that consumer spending grew more in the target area than in the area surrounding it. Similar results have bene experienced in cities like New York City, Seattle, Los Angeles, San Francisco, Vancouver, and Montreal.