Alta Bicycle Share, Inc., of Portland and its equipment manufacturer, Public Bike System Co. have been selected over two competing bids to implement and operate a $21 million network beginning this summer. According to Hilkevitch, 3,000 bicycles will be made available at 300 solar-powered self-service pick-up and drop-off locations this summer, with expansion to a total of 5,000 bikes and 500 docking stations by 2014.
Alta currently operates bike-share systems in London, Melbourne, Boston, Minneapolis, Washington, Montreal, Toronto and Ottawa, and is expanding to New York and Chattanooga this year.
As for the $21 million start-up price tag, "$18 million will be covered by federal funding aimed at improving air quality and easing traffic congestion and the remaining $3 million will be provided by the city," writes Hilkevitch. Operating costs are expected to be covered entirely by users.