“As with Transit-Oriented Development (TOD), where demand to live in and around TOD projects has increased, studies are showing a similar trend for Trail-Oriented Development, where there is a rising demand for bike-friendly and walkable places close to trails.Trails, according to a National Association of Homebuilders study, are the number one amenity potential homeowners cite when they are looking at moving into a new community. Trails provide communities with a valuable amenity that translates into increased housing values, a positive impact on property values and enhanced tax revenue for municipalities.”
In Japan, though, the authorities have come up with a solution, in the form of a new system of underground bicycle parking. Users set up an account with Eco Cycle, the system’s operator, and are issued a chip which is attached to the bike’s frame. When the cyclists wheel their bike towards the entrance to the parking, the system recognises the bike, grips the front wheel and whizzes it underground to an available parking space.