In a recent blog post, Heather Alhadeff (CRP '00), president of Center Forward, writes about the economic benefits of bicycle facilities. She notes, "Shops along 9th Avenue in New York City reported a 49% increase in business after the installation of a bike lane in 2007; that’s compared to only a 3% average increase for all of Manhattan." Alhadeff also highlights a study in Toronto. "Customers traveling by foot or bicycle were visiting most often and spending the most money per month. Business owners are beginning to note that even by simply installing bike racks, they’re tapping into sizable group of potential new customers and revenue," writes Alhadeff.
