Blog Articles

All the latest news articles and market trends of the Seattle Real Estate Market. If it is happening in Seattle it is happening on the Stroupe Group.

Seattle Residents Give Bike-Sharing Another Try

Seattle continues to grow, as evidenced by many rankings – such as the one we have blogged about recently. With growth comes increased traffic and need for alternatives modes of transportation. It is surprising then, that bike-sharing, a system popular in many large cities around the world, has not had a great run in Seattle. Pronto, a bike-sharing program purchased by the City of Seattle in 2016 officially shut down its operations in March of this year.

Bike Sharing is Coming Back to Seattle!

All is not lost, however, as Seattle Department of Transportation (SDOT) is allowing new bike-sharing companies to give Seattle a try, per a recent article on GeekWire. At least two companies are planning on making their debut in July, Spin (based in San Francisco) and LimeBike, from San Mateo, California.

Spin will be the first to enter the market and worked with the city on Seattle on developing new regulations for bike-sharing companies. The company plans on starting its launch with around 500 bicycles. One of the biggest advantages of Spin bikes is that, unlike the Pronto ones, they are dockless. Since all of Spin’s bikes can be unlocked using a phone app, they can be picked up and dropped off anywhere bike parking is allowed. No more dedicated bike stations! LimeBike also features dockless bicycles, which is likely to equal better results for both companies.

We are very excited about the comeback of bike-sharing companies into our increasingly more gridlocked city. As urban specialists, we like to focus on alternative modes of transportation, such as walkability – we even feature WalkScore in our building profiles. Example of a WalkScore in an Escala condominium profile page can be seen here.

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