Alta has more bike sharing plans in the works

New York City chose Portland-based Alta Bicycle Share Inc. to create a bike share program by 2012, and the company hopes to do the same for many other cities.

New York City chose Portland-based Alta Bicycle Share Inc. to create a bike share program by 2012, and the company hopes to do the same for many other cities.

The city of Portland has identified potential funding sources for a program of its own and is expected to solicit bids from operators within a few years.
Seattle, San Francisco and Vancouver, British Columbia, are also visiting the subject. Alta will or has bid on them all.
Alta and [Canadian partner] Bixi, which operate bike share programs in Boston, Washington, D.C., and Melbourne, have to find 600 locations in New York, which requires significant communications with the public and New York’s powerful neighborhood groups. And they need to secure $50 million in sponsorships to foot the $5,000-per-bike cost to install the high-tech system.

Read more at Sustainable Business Oregon.

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Last modified onMonday, 19 October 2015 11:40

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