A sponsorship deal from Lyft, which owns the bike share provider Motivate, would expand Divvy bike service to every ward in Chicago.

The new Divvy contract may dramatically increase the reach of the service. "Under the proposed amendment, Lyft would expand the system to all 50 wards by 2021, adding 10,500 bikes and 175 stations. That would bring the total to about 16,500 bikes and 800 stations," writes John Greenfield. To achieve the expansion, Lyft would make a financial investment of $50 million. Currently, Divvy service is available in the city center and many, but not all, of the city's neighborhoods, meaning riders cannot drop of bikes in all of the city’s neighborhoods.
Beyond the expansion of service, the deal would also restructure the financial aspects of the service. "Additionally, the city asserts, the amendment would restructure the financial terms of the contract to 'dramatically' increase annual guaranteed revenues and reduce financial risk to the city," Greenfield reports. Divvy profits would go back to Divvy and the city would be paid an agreed-upon rate each year, and in exchange the city would receive a fixed amount of funding that it could budget against.
FULL STORY: Lyft May Spend $50M to Expand Divvy to All Wards, Using Dockless-Option eBikes

Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.

North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.

Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.

Santa Barbara Could Build Housing on County Land
County supervisors moved forward a proposal to build workforce housing on two county-owned parcels.

San Mateo Formally Opposes Freeway Project
The city council will send a letter to Caltrans urging the agency to reconsider a plan to expand the 101 through the city of San Mateo.

A Bronx Community Fights to Have its Voice Heard
After organizing and giving input for decades, the community around the Kingsbridge Armory might actually see it redeveloped — and they want to continue to have a say in how it goes.
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