Walking in Waterloo Region

[Osiris]

On Stanley Park Mall, the buses all stop near the Holborn exit, so there are typically a lot more pedestrians in that area.

True, but there's a crosswalk right there. I'm inclined to think this would have more to do with people crossing at the trail.

Not just the pedestrians there, but that exit from the Walmart half of the parking lot has a lot of people quickly checking in the direction of the lights for oncoming before peeling out.
Although I have to suspect that a number of them are also related to their number of apartment buildings right across the intersection along Holborn - I've had a couple close calls with a few people running out between the buildings on the NE corner (presumably) trying to catch a bus.