The Lakeshore Village BIA was recently expanded and now runs along Lake Shore Boulevard from Twelfth Street to the west and Dwight Avenue to the east. This area was formerly known as the New Toronto Businessmen's Association, which was incorporated in 1948. In 1973 the BIA changed its name to the Lakeshore Village Business Improvement Area, and they implemented a streetscape improvement plan that included the installation of decorative lamp posts, planters and over 100 trees. This infrastructure is in place today and has been paid for and maintained by the local merchants.

There are over one hundred and fifty businesses in the Lakeshore Village Business Improvement Area with an excellent assortment of businesses, restaurants, shops and services that cater to the local community.

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