Madrid closed its central business district to cars for the first time during the 2018 Christmas period. The result was a 9.5% increase in retail spending on Madrid’s main shopping street, the Gran Vía. Plus there was a 71% drop in air pollution. Via @[email protected] in @[email protected]. #UrbanTruth

Closing Central Madrid To Cars...
Closing Central Madrid To Cars Resulted In 9.5% Boost To Retail Spending, Finds Bank Analysis

City of Madrid significantly boosted the takings of its shops and restaurants last Christmas by banning cars from the CBD, finds an analysis by Spain's second largest bank.

Forbes