Grading Bikeshares

by Katie Zavadski

Steven Miller ponders the success of NYC’s Citi Bike:

Even when adjusted for its size, Citi Bike’s ridership numbers have quickly surpassed comparable systems. While there are many factors shaping Citi Bike’s success, a new report from NYU argues that the program’s connections to transit could be a key to its strikingly high ridership. … One in 10 Citi Bike stations is within 100 feet of a subway stop, more than half are within 750 feet and nearly three-quarters are within a quarter-mile. In the other two cities, both rail transit and bike-share stations are spaced farther apart, and their ridership numbers have lagged behind Citi Bike’s.

Meanwhile, J. Green finds that DC’s busiest bikeshares aren’t necessarily giving their neighbors an economic boost:

Some 66 percent of bikeshare users traveled to a destination where they expected to spend money. Of those, 63 percent planned to spend $10-$49 and 30 percent planned to spend more than $50. The researchers found that most users would spend money at businesses near CaBi stations, with 39 percent reporting spending would occur within 2 blocks of the station and an additional 40 percent indicating spending would occur within 4 blocks. According to the research, about 16 percent said they wouldn’t have made the trip had a CaBi station not been nearby. (While interesting, these figures would have been made more useful had they been compared to the amounts pedestrians, regular bicyclists, and car users expected to spend near the same stores).

As for the 140 businesses surveyed, the vast majority didn’t know whether CaBi had any effect on customer traffic levels, just 10 percent perceived an increase. About 20 percent thought that CaBi had directly and positively impacted sales, while the rest were unsure or neutral. The good news may be none thought CaBi hurt their sales. The vast majority of businesses (70 percent) also thought CaBi had a positive effect on the neighborhood. The rest weren’t sure or neutral. Again, no negative perceptions.

Previous Dish on bikeshare programs here and here.