A 1970 funding fix that became a global model
Bloor West Village
A group of merchants with no reliable way to fund streetscape improvements invented a solution in 1970 — and Toronto's answer to a local funding problem became a model copied by cities around the world.
Advertisement
In the late 1960s, the Bloor-Jane-Runnymede Businessmen's Association identified a core problem: it had no reliable way to fund streetscape improvements and area promotion. Its solution was to have the municipality collect an incremental portion of member businesses' property taxes on the association's behalf, spent on local improvement and marketing — which required an amendment to the Ontario Municipal Act.
The world's first BIA
On September 16, 1970, the City of Toronto, with the approval of the Ontario Municipal Board, formally accepted the association's application, creating the Bloor West Village Business Improvement Area — documented on the area's own historical plaque as "the first Business Improvement Area anywhere in the world." At the outset, the BIA covered roughly 275 merchants along both sides of Bloor Street West. The model has since been replicated across Toronto and adopted internationally as the "business improvement district" concept.
Advertisement
Sources
- Toronto Historical Plaques — Bloor West Village BIA Historical Plaque
- Canadian Journal of Urban Research — A Historical Assessment of the World's First Business Improvement Area
Continue reading
Little Portugal's Bakeries
Family bakeries along Dundas Street West, anchored around custard tarts and Portuguese pastries, trace back…
The LCBO
Ontario's government-run liquor retailer was created in 1927 to replace outright prohibition with something…
Ontario Place
A Modernist waterfront park that drew millions of visitors a year in the 1970s, closed its main attractions…
Magna International
Frank Stronach opened a one-man tool-and-die shop in Toronto in 1957. By 2008, the company he built into…