Alta gets Portland bike share go-ahead

| Print |  Email
Must Reads
Thursday, December 13, 2012

The Portland City Council approved a contract with Alta Bicycle Share to establish a bike share program with 750 bikes in the city.

“Alta has developed an ambitious plan and will bear the burden of fundraising to cover costs. I’m proud to have a homegrown company doing this work and confident the private sector will be successful in making this system a reality,” Portland Mayor Sam Adams said in a press release. “Bike share is a game-changer for bicycling in Portland.”

The city intends to leverage a $2 million federal transportation grant to raise private funds to pursue the idea. Alta has said it would raise $5 million from sponsorship fees and revenue from members as well as day users.

Read more at Sustainable Business Oregon.

{biztweet}portland bike share{/biztweet}

 

More Articles

6 highlights from the Craft Brewers Conference

The Latest
Friday, April 17, 2015
thumbPHOTOS BY  JASON E. KAPLAN

The 32nd annual CBC attracted a record number of attendees (11,000)  to the Oregon Convention Center.


Read more...

Get on the bus!

April 2015
Thursday, March 19, 2015
BY APRIL STREETER

How the private sector can ride the next transit revolution.


Read more...

6 development projects reshaping Bend

The Latest
Thursday, April 09, 2015
bendthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Bend has reclaimed its prerecession title as one of the fastest growing cities in the country.


Read more...

Banking Perspective

April 2015
Thursday, March 26, 2015
BY KIM MOORE

A conversation with Craig Wanichek, president and CEO of Summit Bank.


Read more...

Photos from the 100 Best Companies to Work For in Oregon awards celebration

The Latest
Friday, February 27, 2015
IMG 9975cneditPHOTOS BY JASON E. KAPLAN

Images from the 2015 celebration of Oregon's great workplaces.


Read more...

Much ado about data-driven organizations, for good reason

Contributed Blogs
Monday, April 13, 2015
bigdatathumbBY GRANT KIRBY | OP-ED CONTRIBUTOR

The mega-shift from technology-driven to data-driven organizations raises questions about Oregon’s workforce preparedness.


Read more...

City announces plans for Portland summer-league baseball team

News
Tuesday, March 10, 2015
IMG 3888BY JACOB PALMER | OB DIGITAL NEWS EDITOR

Baseball is returning to Portland and city officials are hoping economic opportunity comes with it.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS