There will be naysayers in this for the $1.7 million spent on the project but I believe this is actually going to work and turn a profit at some point.


There will be bicycle kiosks placed in Uptown, Downtown and at the U of M Campus where people can rent bikes for $5 for short trips.


Obviously if you just need to go across downtown Minneapolis it would be much faster and cheaper to grab a bike for $5 instead of taking a cab back and forth or driving. The round trip cab fare is likely going to be over $10 and if you drive it's going to cost anywhere from $10 - $20 for round trip parking.


From the Strib:


Link to article.