A new work of art is looking to shed a little light on a north-end neighbourhood, and perhaps bring in some new business. 

The unlikely cluster of streetlamps near Weston Road and Eglinton Avenue West is called Nyctophilia — meaning "love of the night" — and according to artist Daniel Young is capable of producing as many as 16 million different colours. 

“There's 20 different programs — so on Christmas it goes red and green. On New Year's it flashes lots of different colours,” Young told CBC News. 

Nyctophilia was unveiled on Wednesday. The city commissioned the $250,000 project and paid for it through development levies, hoping it will help attract investment and businesses to the area.

It was designed with the environment in mind. The project’s 36 LED lights will last for at least 25 years and consume only about $250 of electricity per year.

With files from Lucy Lopez