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
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 _______________________________________________ Bikeboard mailing list Bikeboard@bikemorgantown.com http://wvcompletestreets.org/mailman/listinfo/bikeboard
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Christiaan Abildso -
director