This article in a nutshell: To get the city to improve the walkability of our neighbourhood, it becomes exceedingly easier to do so when we can sell the idea that the city could be making money off it.
This is kind of like the study I did on improving sidewalk design as a means of physical and visual accessibility, but this study and tool go a step further by introducing money as a factor.
Basically, this study attempts to link walkability of neighbourhoods to economic impact–that is, the more desirable it is for people to access your store or company, the more money is generated by you and thus the city at large. This kind of tool could be seen as an incentive by businesses to advocate for better sidewalks and streets to improve their own and the city’s bottom line. What does that mean for Downtowners who live in mixed commercial-residential: better sidewalks and services.