The act of riding a lane line on a street or highway, allowing riders of motor bikes or bicycles to use the space between traffic and move at top speed isn't legal in Ontario, but that doesn't mean it doesn't happen.

"We do recover a lot of bicycles and the challenge for us becomes getting them back to the proper owners," said Toronto Police Const. Scott Mills. "And if it's not reported, we can't find it."

According to Toronto Police, more than 50,000 bikes have been reported stolen in the city since 1997. Last year alone, 4,585 bicycles were reported stolen in Toronto.

The iconic structure will be made of metre-high block letters spelling "KENSINGTON" and is designed to accommodate about 25 bikes, which can be locked to posts supporting each letter.

At its new location at 425 Richmond St. near Spadina, opened in April, business is booming thanks to high gas prices and the ever-growing sense of green-friendliness among Torontonians.