A vibrant & successful main street is vital to maintaining residential property values. Research elsewhere indicates that proximity to a vibrant and successful main street increases residential property values by +/- $100,000.
Returning Beacon Avenue to two way traffic is estimated to increase average annual sales in downtown Sidney by +/- 20%.
If we look to attract only 10 % of the Washington State Ferry traffic for 2012 * we could expect 5000 cars with a minimum of 2 persons per car.
If we use the Mary Winspear Centre’s** economic spin off stats showing each leisure visitor person spending $ 120.00 each we could then expect $ 1.2 million dollars in annual revenue to Sidney.