News

Study Finds Bike Lanes Can Provide Positive Economic Impact in Cities
Author: Transportation Research and Education Center (TREC)
Posted: April 21, 2020

According to a new study released by Portland State University’s Transportation Research and Education Center in Oregon, bicycle lanes and infrastructure can produce tangible economic benefits for cities.

The National Street Improvements Study, conducted by PSU in conjunction with PeopleForBikes and consulting firm Bennett Midland and funded in part by The Summit Foundation, researched the economic effects of bicycle infrastructure on 14 corridors across six cities — Portland, Seattle, San Francisco, Memphis, Minneapolis and Indianapolis. The study found that improvements such as bicycle and pedestrian infrastructure had either positive or non-significant impacts on the local economy as measured through sales and employment.

Authored by PeopleForBikes - Read more...