Did you know, bike lanes are good for business?
While businesses may initially cringe at the thought of losing parking spaces to bike lanes, the long-term benefits are undeniable. Beyond reducing pollution, slowing climate change, and enhancing overall city well-being, bike-friendly streets have a positive impact on commerce. Extensive research spanning four decades consistently demonstrates that streets catering to bikes and pedestrian-friendly sidewalks contribute to increased business prosperity.
Despite concerns about reduced accessibility, studies reveal a common misconception among business owners. They often overestimate the number of customers who rely on cars, overlooking the significant percentage of pedestrians and cyclists. In a 2012 study focusing on a Los Angeles shopping corridor with bike lanes, more than half of the store owners believed most customers drove, when in reality, only 15% did.
Bike Lanes Are Good For Business
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