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A third express bus route along Upper Wentworth could already exist with the passenger volumes on the 25/26 bus and other buses serving the mall so a hockey arena could only help that while expediting a case for a future North South LRT along Upper James (only a short jaunt West from the mall)
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A "30 Express" run along Upper Wentworth would presumably travel node-to-node, or between Lime Ridge Mall and the MacNab Transit Terminal. The 26 barely overlaps with that at all, so the ridership synergy is unclear. But there are trade-offs: No express bus service in the city runs after 7:45pm, and none on weekends, when around half of the Bulldogs' home games occur.
Synergies with higher-order transit are also fuzzy. Upper Wentworth is 1.7km east of Upper James, a 23-minute walk. Upper Wellington is about half that. If anything, building a successful 30 Express route would rationalize moving BRT/LRT from Upper James to Upper Wentworth. It's also worth noting that it was Metrolinx that made the 20 Express a reality, not council or the HSR. The main thing that would help expedite transit improvements would be a council that is prepared to champion and invest in transit, and insist on sustainable development.