If I were a town planner (I'm not) I would bollard off lower Bedford St and send the Northbound traffic up Greyrock Pl, left onto Forest St and then right up Bedford from there. I'd also make the section of Bedford between Spring St and Forest St two-way so people could access Spring St from Forest St.

I would then turn the parking area outside Lucky's into a Lyft/Uber pick up point and get some CCTV cameras going to enforce strict no parking there.