Category: Cycling Benefits – Economics
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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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