Real estate listings tout proximity to it, retailers want to be near it, and communities are clamoring for it; Capital Bikeshare has become an economic development tool that some think could be as potent as cars and Metro in guiding development.
"Capital Bikeshare is doing more than moving people around on red bikes," reports Kytja Weir. "It's also helping sell houses and apartments and draw people to businesses."
"The bike-sharing system, which has more than 175 docking stations across the District, Arlington and Alexandria, has become the latest tool to spur development and attract young people. Soon it will be coming to Montgomery County, and other communities are trying to bring it to their neighborhoods."
"Craigslist showed 72 active housing listings touting proximity to bikeshare on Friday," she adds. "It is featured on Airbnb as a perk for visiting tourists seeking to rent out locals' homes. Wal-Mart is planning to add the docking stations to its stores coming to the District, according to bikeshare officials."
"Christopher Leinberger, a George Washington University professor and Brookings Institution fellow, said that Capital Bikeshare could become akin to cars and Metro in changing the dynamics of development around the region. Leinberger has studied the economic impact of Metrorail, which has spurred billions of dollars of development around the region in the past 37 years. 'It could be that significant and yet it's really cheap,' he said."
FULL STORY: Capital Bikeshare becoming an economic development tool

Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.

Washington Legislature Passes Rent Increase Cap
A bill that caps rent increases at 7 percent plus inflation is headed to the governor’s desk.

From Planning to Action: How LA County Is Rethinking Climate Resilience
Chief Sustainability Officer Rita Kampalath outlines the County’s shift from planning to implementation in its climate resilience efforts, emphasizing cross-departmental coordination, updated recovery strategies, and the need for flexible funding.

New Mexico Aging Department Commits to Helping Seniors Age ‘In Place’ and ‘Autonomously’ in New Draft Plan
As New Mexico’s population of seniors continues to grow, the state’s aging department is proposing expanded initiatives to help seniors maintain their autonomy while also supporting family caregivers.
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