Toronto recently flipped the switch on their Heritage Lighting Program in the St. Lawrence Market area of town, (also see).
If you recall last year the city approved a similar plan with the Winnipeg Partnership Agreement chipping in $35k. The Winnipeg plan's aim, aside from looking neat, is to recast the light from illuminating just street-tops to provide better lighting for sidewalks and other pedestrian areas.
The owner of the former Bank of Montreal Building on Portage, where the BIZ have their offices, was the first taker of the 50% owner / 50% BIZ funding. There hasn't been money alloted for the city's 50% yet so it's stuck in limbo for now.
The plan is still out there if you want to check it out !