Category: Cycling Benefits – Economics
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Pedal Power Equals Economic Prosperity
“Local merchants consistently underestimate value of cyclists versus auto and parking spaces”
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People do not like to live in a spiceless city – Gil Penalosa
“People do not like to live in a spiceless city.” These were the words of renowned urban expert and visionary Gil Penalosa, Executive Director of 8-80 Cities, when he spoke at the Rose Theatre in Brampton on April 23, 2014. Rose Theatre ‘bike-bedecked’ The most important ingredient in this city ‘dish’ is pedestrians, added…
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Gridlock is Costing Brampton Millions in Lost Productivity
The Brampton Guardian editorial on May 1, 2014 pulled no punches with its title “Editorial: Road Kill”. Our suburban planning model of the past is so seriously flawed “that it’s now costing taxpayers millions — and will eventually drive this city into debt”. Municipal planners now speak about “density, walkability and public transit” instead of…
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Cyclists, Bike Lanes and On-Street Parking Economic Impacts
Daniel Arancibia of Toronto Cycling Think & Do Tank, prepared a report that: “focuses on the economic impacts of cycling infrastructure and participation on local retailers and businesses in urban areas in North America, while accounting for the fact that bicycle lanes and other forms of infrastructure sometimes compete with on-street parking for space.” In…
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Four Reasons Protected Bike Lanes Mean Business
The economic arguments resonate with most people. Location, location, location… “It’s an iron law of real estate: land is more valuable if more people can get to it easily.” Mary Lauran Hall reported on Jan 15, 2014, that: 1. The average young person is driving less and biking and taking transit more (24% more for cycling,…
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