I've seen similar research associating walk-up business with increased expenditures and walkable areas have higher retail sales, retail rents, and higher home values (per square foot). Thanks
Christiaan

From: director <director@positivespin.org>
To: bikeboard@bikemorgantown.com
Sent: Tuesday, October 2, 2012 7:42 AM
Subject: [Bikeboard] Cyclists, walkers, transit users spend more money at local businesses

This just in from TreeHugger...
http://www.treehugger.com/bikes/there-bicycle-economy-two-cities-find.html

Summary:
"Portland, Oregon and New York City, two very different cities, are finding something similar about cyclists and pedestrians - they tend to spend a bit more money in local economies."

Nick Hein LCI# 1705
Director, Positive Spin
803 East Brockway Ave
Morgantown, WV
ph 304-276-0213

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