Vibrant. Connected. Diverse. The Downtown Yonge neighbourhood is the heart of Downtown Toronto, connecting the city both geographically and culturally. A vibrant retail, restaurant, entertainment and service community, it is constantly growing and offers visitors a diverse range of experiences.
The Downtown Yonge B.I.A. was formed on June 26, 2001 as a result of the efforts of the former Yonge Street Business and Residents Association. Members include approximately 2,000 local businesses and property owners. Funding for the Downtown Yonge B.I.A. comes from a supplementary tax levied on all commercial buildings within its boundaries. The City of Toronto collects this money and returns it to the community to fund local services and improvements.
The Downtown Yonge B.I.A. is the voice of the business community. It is committed to improving and promoting the Downtown Yonge area through investment and advocacy to maintain its position as Toronto’s premier shopping, business and entertainment destination.