Back in June 2011, city staff said that Bixi Toronto would break even financially at around 6,000 members. Now that it has more than 5,000 I am optimistic that it can grow sensibly and without borrowing money.
BIXI Toronto, the city’s fledgling bike-lending program, is due for an upgrade. Since it came online last May, BIXI Toronto has amassed over 5,000 members; today it celebrates its one millionth ride. But even before the program launched, many residents have been calling for more bikes and more stations, covering a larger swath of Toronto.
City staff now say a report outlining the next phase of expansion won’t be ready until early 2013—councillors have been hoping to see one for at least a year—and while few details on the funding structure and scope of the next phase of expansion are available, councillors, cycling advocates, and riders agree: BIXI should grow.
Read the full post: “Anticipation Building Over BIXI’s Next Move” on Torontoist .Wed, Feb 24: Come to the Toronto Bike Awards!