Cycling is on the rise. Across North America, cities have recognized the environmental, social and health benefits of good bicycle facilities, and growing ridership.
But what about the business case for bicycles? Can new and better bike lanes provide a strong return on investment for Victoria citizens and businesses? How can a vibrant cycling community help sustain the local Victoria economy?
Most definitely, and in multiple ways, says a new GVCC report, called Bikes Mean Business.
Last fall, the GVCC conducted a transportation survey in downtown Victoria, interviewing over 500 people and 125 businesses. The report discusses the survey findings, and also reviews similar research about the economic benefits of cycling investments in other North American cities.
The report makes a number of recommendations on how to improve cycling in Victoria, as the city launches the Update of its Bicycle Master Plan this spring.