Does pedestrianizing streets hurt retail sales in the short term?
Pedestrianizing downtown streets reduces retail sales because customers who drive are less likely to visit shops without nearby parking. In my city, a 2019 pilot closing Main Street to cars saw foot traffic rise but store revenue drop 12% in the first three months. Some shop owners adapted with delivery and outdoor seating, but others never recovered. Is the long-term benefit of walkability worth the short-term economic hit?