Nice Ride staff compiled the following 5-year assessment for a strategic planning session of the Board of Directors held in January 2015. In it, we have attempted to highlight key lessons learned, some from successes and some from mistakes. We also asked our partners to comment on Nice Ride, our impact, and what we can do better. From our perspective, we see in front of us a world of opportunity to build healthier and more vibrant cities and towns. We hope this history will help others seize those opportunities too.
The final section is a summary of strategic direction. This section is currently in draft, to be finalized following the Annual Meeting of the Board in April.
Bill Dossett Executive Director Nice Ride Minnesota
To enhance the quality of our urban life by providing a convenient, easy-to-use bike sharing program that will provide residents and visitors a healthy, fun, different way to get around town.
We see a bike sharing program that will permanently change the way people experience and perceive our city, as well as the Nice Ride will show that the More efficient movement way they experience and perceive benefits of alternative from place to place transportation. transportation are many and More opportunities for lasting. For our residents those healthy physical activity Nice Ride will create a more benefits will include: More interesting personal vibrant city, a place where people Avoiding vehicular experiences interacting with want to work, live and play. Nice congestion the city Ride will stand as a working Reducing our carbon A growing affinity to make example of how our state and footprint other changes in all modes cities create programs that meet Less dependence on fossil of transportation critical and shared public goals. fuels A sense of civic pride
Like yellow bike programs around the country, this first attempt ended quickly and did not inspire confidence. The Yellow Bike Coalition did, bring together Saint Paul activists who went on to introduce thousands to active transportation through a grassroots initiative now called Cycles for Change.
Fortunately, not all bike share programs are alike. Third-generation systems like Paris’s Vélib addressed first-generation Nice Ride began with a motivated mayor, a problems through the same RFID and million-dollar promise, and a public-funding database technology that controls process designed to make tough decisions access to office buildings. Rather than fast. locking a bike anywhere around the city, users dock bikes in automated In 2008 Mayor RT Rybak told Time Magazine kiosks where other people can find he would bring urban bike share to them and system operators can keep Minneapolis. At the time, bike share was a the bikes pedaling smoothly. When a European amenity for big cities like Paris, rider checks out a bike, the system also France. pairs their rental with their credit card Communal bicycles were not new to the number, increasing user accountability. Minneapolis metro area. In the mid-1990s, “These bikes,” Rybak thought, “would the Yellow Bike Coalition launched a first- be different.” generation bike share system in Saint Paul. Yet many community leaders Yet without a way to track bikes and charge questioned the difference between users, it was not possible to maintain a Rybak’s dream and the Yellow Bikes of reliable bike fleet or create a sustainable the 90s. With several people asking, business model.
Soon after, the City of Minneapolis contracted a pro bono basis. Mark Bixby, a physician and with the Loppet Foundation to engage the longtime member of the Loppet Foundation community and explore funding Board, and John Munger, Executive Director opportunities. The Loppet Foundation of the Loppet, provided expertise in nonprofit contracted with Dossett, a former lawyer and governance. Mark would later become chair Loppet volunteer. Tasked with preparing the of the Nice Ride Minnesota board. These nation’s first nonprofit bike share business professionals put the organization on a firm plan, soliciting sponsorship, and applying for footing to solicit a title sponsorship. federal grants, Dossett began the Twin Cities Bike Share Project (TCBSP).
TCBSP was a stakeholder group of bike advocates, transportation professionals, and bike shop owners. The group quickly came together to consider developing technologies, “Didn’t we already try this?” persuading the recommend a target service area, and identify downtown business community was a huge desired elements of a future system. TCBSP challenge. held its first meeting in a space shared by the In late summer 2009 Mayor Rybak hosted a Paddling with a friend in the June 2008, City Midtown Greenway Coalition and Freewheel meeting of business leaders at City Hall to of Lakes Tri-Loppet, Rybak had an epiphany. Midtown Bike Center. The Greenway pitch bike share to private-sector partners. A local nonprofit like the Loppet Foundation Coalition and Freewheel were eager From the very beginning, the Center for could mobilize community energy, draw on supporters of the bike share project at every Prevention at Blue Cross and Blue Shield of support from both public and private sectors, step of development. Minnesota was open to big ideas. Michael and seize opportunities better than Huber, a veteran of Blue Cross’ active living At the same time, a group of downtown government agencies and private companies programs, came to City Hall knowing more professional firms committed to assist TCBSP. alone. Rybak decided that if Minneapolis about bike share than anyone in the room. Dorsey & Whitney law firm, the Duffy & were to have a bike share company, a Huber challenged Nice Ride to create Partners design and branding firm, Roepke nonprofit model would be the key to its something big, with real potential to change Public Relations, the Roundpeg and Mono success. And Bill Dossett, the man paddling the way people think about health and marketing firms, and the Grant Thornton next to Rybak, would be the person to lead it. accounting firm all provided their services on
transportation. “Do that,” Huber said, “and toward demonstrating how a concentrated The City Council’s resolution put the TLC Blue Cross will be interested.” investment in non-motorized transportation Board in a difficult position. A panel of infrastructure and programming could quickly transportation and public policy experts, the Mayor Rybak invited Pat Geraghty, then CEO lead to a shift toward active transportation. board was committed to maximizing the of Blue Cross, to a demonstration of the To fulfill this mission, the federal government impact of the limited funds entrusted to Public Bike System Company (PBSC)’s bike gave local nonprofit, Transit for Livable them. The bike share program could be the share equipment. Geraghty examined the Communities (TLC), the authority to select “showcase project” TLC needed to change bikes and stations in development for projects for the Minnesota pilot area. public opinion about non-motorized Montreal’s Bixi program. He kicked the tires transportation, forcing officials to accelerate and looked over plans for an 80-station In December 2008 the Minneapolis City infrastructure projects delayed by red tape. system in Minneapolis. Within days, Geraghty Council applied to the NTPP for $1,750,000. committed to a $1 million title sponsorship If awarded, the City Council pledged to be contingent on Nice Ride’s ability to secure the fiscal agent for a nonprofit bike share public funding for a full-scale launch. owner/operator, that didn’t yet exist.
Years earlier, former Congressman Jim Current Mayor Betsy Hodges spoke Oberstar created the Nonmotorized loudest in support of the authorizing Transportation Pilot Program (NTPP) for resolution. Though Councilperson opportunities just like this one. Most Hodges represented a ward outside the federally-funded transportation projects planned bike share service area, she saw involve major construction. They take years bike share as the leading edge of a to bring through the planning, design, and movement to create livable urban spaces. construction phases. Oberstar realized that government procedures intended for major Others on the Council were concerned construction made funding bike and about financial risk to the city if the nonprofit business proved unsustainable. pedestrian initiatives difficult. The final resolution mandated that the The NTPP made federal dollars available for City of Minneapolis could not be held pilot projects in four locations, including responsible for the bike share program’s Minneapolis and its surrounding operating costs under any circumstances, communities. NTPP funds were directed even if the nonprofit business failed.
Everyone on the TLC Board viewed bike share on NTPP funding. To receive their award, federal transportation programs, like NTPP, as a powerful tool to transform U.S. cities. Nice Ride had to collect pre-committed require a local funding match, and cities and Yet some were not convinced that station sponsorships totaling $100,000 per counties are strapped by the high costs of Minneapolis was the right U.S. city in which to year for the first three years. operations and infrastructure maintenance. start. The bike share’s business plan was By fully funding the local match and based on data from European metros very Nice Ride raised well over $100,000 for year supporting a public-private partnership to different from Minneapolis. The only local one. But the new nonprofit found few handle all operating expenses, Blue Cross precedent was the defunct Yellow Bike partners willing to commit to a three-year enabled Nice Ride to grow quickly, using a Program. If Nice Ride failed, it could be a contract in the depths of the recession. larger array of funding sources than any other Unable to gauge Nice Ride’s viability on their setback for bike share nationally and, even bike share system in the U.S. negatively impact larger cities like New York. own, TLC hired an independent consultant to Risking $1.75 million that could have been review Nice Ride’s business plan. With a used to build bike lanes or improve sidewalks favorable report, TLC removed its award through Bike Walk Twin Cities was a tough contingency and authorized Nice Ride to call. Yet the TLC Board decided to move proceed with procurement in December 2009. Less than a month later, Nice Ride forward with bike share, twice. hired staff, selected a vendor, and became an The nonprofit business plan was built around operating organization. the idea that Nice Ride would use public money and title sponsor dollars to buy Blue Cross’s commitment to match public contributions of capital dollars has been an equipment rather than take out capital loans. Once equipment was purchased, Nice Ride effective tool for Nice Ride to leverage public would cover operating costs without public investment. In comparison to the costs support. Based on data collected from other involved in developing other modes of transportation, the federal investment in bike bike shares, Nice Ride expected bike share sales revenue to cover 70%-80% of operating sharing is minute. Given the federal costs, leaving station sponsorships to account government’s goals to reduce high costs associated with urban traffic congestion and for the remaining 20%-30%. the negative health impacts of sedentary TLC put Nice Ride’s financial sustainability to lifestyles, investment in bike share is an the test right away by placing a contingency obvious avenue for federal funds. Yet most
Nice Ride launched on June 10, 2010 with 300 green bikes rolling down Nicollet Mall. On that day, questions about the Yellow Bike Project ended. Instead it seemed everyone wanted a bike share station in their neighborhood or business district. these objectives, the Nice Ride Board directed draw on small groups of people interested in Alta to choose station locations that would transportation policy. The resulting service The initial bike share station location plan maximize Nice Ride’s utility as a area centered on three locations: downtown was prepared by Alta Planning and Design in transportation system. Alta chose locations Minneapolis, the University of Minnesota 2009. Nice Ride’s early goals were to based on residential density, employment and Minneapolis campus, and the maximize social impact on public perception educational activity, and transit boarding Wedge/Uptown. of cycling, drive transportation mode shift, activity. To supplement Alta’s findings, Nice and ensure financial sustainability. To meet Ride held a series of public workshops to
was aimed at combatting obesity and sedentary lifestyles in low- income communities.
Prior to the 2010 launch, staff projected that Nice Ride expansion would take place over several years, eventually expanding service into downtown Saint Paul with the opening of the MetroTransit Green Line in 2014. days after the launch on June 10, 2010, Nice Ride received criticism for After Nice Ride launched, Saint Paul Mayor not installing stations in North Chris Coleman made it clear he had a more accelerated schedule in mind. Just a few Minneapolis. The Nice Ride weeks after launch Coleman invited Blue Board responded by inviting Cross CEO Pat Geraghty and Nice Ride community leaders to a special board Executive Director Bill Dossett to a meeting meeting in July 2010. At the meeting on University Avenue to discuss ideas for bike the board committed to make share in the Central Corridor, on Grand expansion and community Avenue, and in downtown Saint Paul. engagement in North Minneapolis an Blue Cross and was also keen to build on immediate priority. momentum created by the launch. To spur Within only a few weeks, Nice Ride additional public sector investment, Blue Notably, the initial plan did not attempt to partnered with the City of Minneapolis Cross committed to match public sector serve bike trails or recreational destinations. Department of Health and Community capital investment in bike share equipment at Nice Ride’s focus was on workday Services to apply for federal funding for a the same ratio as their initial investment— transportation. North Minneapolis expansion through a one part private funding to two parts public Also absent from the original system map federal stimulus program. The program, funding. The TLC Board responded by inviting were stations in North Minneapolis. Within Communities Putting Prevention to Work, Nice Ride to reply to a solicitation for new
NTPP projects made possible when the Nice Ride’s community engagement federal Highway Bill was extended in 2010. sessions indicated demand to add stations near parks and other ‘attraction In fall 2010 Community Design Group hosted points’. Staff discovered the Chain of a series of local workshops on Nice Ride Lakes were viewed not just as expansion. While pre-launch workshops only recreational resources, but as primary drew a small group of transportation policy destinations for tourist and social advocates, 2010 workshops brought in activity. crowds of people who wanted bike share stations in their neighborhoods. Community These discussions in Nice Ride’s first off- Design Group’s engagement work resulted in season led to a 51-station expansion in 2011. Administration funds available for alternative a Phase 2 Plan, including 200 potential station Due to equipment supply chain challenges, transportation to national parks. locations in Minneapolis and Saint Paul. The most of these stations were not installed until The Central Corridor Funders Collaborative Nice Ride Board approved the Phase 2 Plan in after mid-summer. Usage doubled in the and University of Minnesota also contributed December 2010 and authorized staff to move second year. Yet the vast majority of funding to fill in stations along University forward to implement it to the extent that ridership increases were concentrated in Avenue (then under light-rail construction) capital funds were committed to support downtown Minneapolis rather than in newly and on the University of Minnesota Saint Paul expansion equipment. placed stations. Campus during the 2012 season. With the The approved Phase 2 Plan Map brought two The 2012 season marked the beginning of support of Mayor Coleman, the MNRRA, and important changes to the Nice Ride system. Nice Ride’s partnership with the National Blue Cross, Nice Ride expanded by 30 stations First, it created a potential service area far Park Service. Through this partnership, Nice in 2012, with expansion efforts focused on larger and less dense than the 2009 Alta plan, Ride was able to assist the National Park downtown Saint Paul. and all existing European systems. Second, Service with their goal of increasing The 2011 and 2012 system expansions were alternative transportation access to and hugely successful in furthering Nice Ride’s through a 72-mile strech of riverfront called mission to make cycling for transportation the Mississippi National River and Recreation mainstream. Dramatic expansion created Area (MNRRA). To achieve this goal, the positive momentum for the bike share that National Park Service awarded Nice Ride resonated with a growing back-to-the-city funds from the Federal Highway Administration and Federal Transit
movement. Minnesotans took pride in Nice and vary in ridership levels with downtown Ride’s success and leadership role. Minneapolis stations performing best.
Yet Nice Ride’s 2011 and 2012 expansions Attraction Point stations are located near were not successful from utilization or destinations like the Chain of Lakes, financial sustainability perspectives. Though museums, hotels, restaurants, and brew system usage continued to grow, the pubs with outdoor seating. These locations downtown Minneapolis core still accounted often see very heavy walk-up use on summer for the vast majority of ridership increases. nights, week-ends, and during events and With about 60% of annual station operation festivals. As a whole, Attraction Point costs fixed regardless of use, many new stations generate more revenue than stations added costs without adding revenue. network stations and often serve as the starting point for people who are equity locations tend to have less access to a These results were summarized in an experiencing urban cycling for the first time. wide-range of urban resources, depend optimization report prepared by Antonio Unlike network stations, Attraction Point heavily on public transportation, or Rosell of Community Design Group. In this stations can perform well even if they are far experience disproportionate incidence of report, Rosell created a framework to from other stations. health complications. Utilization at these evaluate categories of station locations: locations is expected to be lower than Network and Attraction Point locations Network stations are located in high density because residential density and commercial multi-family areas, employment centers, or activity levels are lower. The results of the retail centers, and meet users’ daily Optimization Project underscored both the transportation needs. These stations Board’s commitment to serve these areas and compose the majority of the Nice Ride System the $2,500 annual operating loss Nice Ride
Regional Equity stations are neither placed in high-density areas nor tourist destinations. Instead, these stations provide system access in historically low-income areas in
Minneapolis and Saint Paul. Residents near
must cover for each equity station. positively to both ridership and revenue in 2013 and 2014. Nice Ride currently uses Rosell’s framework to evaluate proposals to relocate stations. In The primary public funding for Nice Ride’s 24 fall 2012, the Nice Ride Board also adopted station expansion in 2013 came through the three specific strategies resulting from National Park Service. The National Park Rosell’s work: Service partnered with Nice Ride to fund locations along the MNRRA, including the Approach private foundations for creation of a link between the Blue Line light operating support for Regional Equity rail and river destinations plus several stations. stations reaching far from the urban core at Go forward with installation of locations like Fort Snelling and Webber Park. Attraction Point stations, even if Stations farthest from Nice Ride’s urban hub those locations are not well have not generated usage similar to urban connected to a dense network of attraction points. Low usage at these stations. locations raises the question whether a bike Densify the Nice Ride system by filling designed for urban transportation is the right in gaps in the core areas where bike tool for trail riding. share works well. Additional public funding for 2013 expansion With these directives, Nice Ride gained came through Hennepin County Community $50,000 in contributions from the McKnight Works. These funds were targeted at stations Foundation in 2013 and 2014 to offset on Lake Street and at Blue Line stations. Regional Equity station costs. The board also approved additional Attraction Point stations In 2014, Nice Ride planned to place new at Lake Calhoun, Lake Nokomis, Minnehaha stations near the Mississippi River north of Falls, and Como Lake to meet rider demand. downtown Minneapolis. Though funding for New stations were added to fill gaps along the new stations was provided by the National busy downtown Minneapolis Riverfront, in Parks Service, 2014 expansion was delayed one case only a block from another successful due to supply chain problems. As a result, station. All of these changes contributed this expansion will occur in the 2015 season.
Nice Ride’s inability to expand in the 2014 season did not stop staff from gaining new sources of funding. In 2014, Nice Ride successfully obtained public funding through the Twin Cities Metropolitan Council, Twin Cities Metropolitan Planning Organization (MPO) and the traditional channels for distribution of federal transportation dollars for the first time. This award, which will help fund three stations, was made using Transportation Demand Management (TDM) funds in response to Nice Ride’s application for funds to implement system densification goals.
Over the last five years the Nice Ride service area has seen many changes. In downtown Minneapolis, key changes occurred at or just before the 2010 launch. Urban innovations at this time included the completion of the 2nd Ave and Marquette Ave reconstructions, the reopening of Nicollet Mall to bikes,
and the completion of the new Twins Stadium. In more recent years, an apartment and housing boom along the Greenway and downtown riverfront from 2011-2014 added thousands of new “car-lite” residents to the urban core.
After three years of construction, the University of Minnesota re-emerged in 2014 as a transit-oriented district built around Green Line stops. While Green Line construction was over, cranes remained as developers built thousands of new apartment units in Stadium Village. In Lowertown, Saint Paul, the opening of the Saints Stadium in 2015 will create a weekend and evening attraction that brings people into Saint Paul’s core on summer nights and week-ends.
The development of safe, welcoming cycling infrastructure has brought important changes to the local urban landscape. In Minneapolis, rapid expansion of the bike lane system occurred in 2010-2012, spurred by NTPP investment and the Minneapolis
Bicycle Coalition’s work. In many cases new in Minneapolis and Saint Paul. In part, the Through its experiences in Saint Paul, Nice infrastructure created safe bike routes differences between system efficacy in Ride learned that the leading investment through difficult barriers, crafting a network Minneapolis and Saint Paul are about timing. approach is a hard way to run a business of bike lanes and trails. dependent on sales revenue and station In Minneapolis, the bike share system sponsorship to cover operating costs. Nice Across the river in Saint Paul, major bike launched concurrent with other investments Ride staff also learned that using bike share as infrastructure development remains in the in transit-oriented development, downtown a political tool may undermine the planning stage. Challenging barriers like vitality, and cycling infrastructure. The type transformative cultural impact of a successful highway bridges and one lane streets make it of launch conducted in Minneapolis is launch. While low utilization of bike share difficult for cyclists to move in and out of referred to as a concurrent investment may motivate politicians, a system operating downtown and north-south between Green approach. In that context, bike share thrived well below capacity does not change peoples’ Line stops and Grand Avenue. and served its intended function as a catalyst perceptions of an urban area or make cycling for cultural change. Success stories in Paris, a mainstream activity in those places. In 2014, Mayor Coleman proposed a Bike Washington DC, and New York City also Plan for Saint Paul with transformative demonstrate the transformative impact of potential. Nice Ride is working actively with concurrent, large investments in bike Saint Paul Women on Bikes, a new grass- infrastructure and bike share. roots initiative formed with support from Blue Cross, to support the Bike Plan. Nice Ride is Nice Ride’s launch in Saint Paul was a bit particularly interested in the concept of a different. In Saint Paul, bike share preceded downtown “Loop” intended to create a these investments, using a leading investment protected bike-ped facility similar to the approach. Rather than drawing on existing Indianapolis Cultural Trail. Nice Ride sees the momentum, bike share has been employed as downtown Loop proposal as a visionary tool to expand transportation options during concept, supported by business, the a difficult period in some areas of Saint Paul hospitality industry, and cyclists, to connect when retail and entertainment businesses downtown employment centers, parks, and were impacted by major construction. Bike cultural destinations. share has also been viewed as a political tool to change conversations about protecting The heat maps displayed above illustrate parking into conversations about vitality and differences in bike share usage and revenue livable streetscapes in Saint Paul.
Mayor Rybak’s instinct to put ownership of the bike share system in the hands of a public-private partnership proved both strategic and essential to Nice Ride’s success. Through this model, Nice Ride has expanded, invested more resources in outreach and program activity, placed greater emphasis on a continuous cycle of improvement, and developed tools to reach people outside the urban core. With the support of their sponsors, Nice Ride was able to do all of this faster than any other bike share in the country.
From 2010 through 2013, station sponsorship revenue covered approximately 40% of Nice
Ride’s operating costs for the urban bike Each summer Nice Ride trains its outreach share system. With the exception of team to lead introductory bike rides, fit contracts negotiated in 2009, all of these helmets, and plan great cycling routes. sponsorships have been one year commitments. The majority of Nice Ride’s Target Corporation has played a key role in station sponsors, however, have chosen to these efforts by directly funding outreach programs in low-income neighborhoods continue to support the bike share system in limits of its effective service area. That season where cycling activity is low and negative every year of operation. These sponsors Blue Cross encouraged Nice Ride to explore health impacts associated with sedentary include: new tools to help make active transportation lifestyles are more prevalent. mainstream in suburban areas and small Allina Health cities. Augsburg College Birchwood Café Meanwhile, the Nice Ride Board was focused Dero on improving the operations and financial Dorsey & Whitney, LLP sustainability of Nice Ride’s core urban Freewheel Bike system. Nice Ride needed to find a way to Peace Coffee operate new programs without redirecting Seward Community Co-op funds aimed at urban bike share. Target More than just encouraging active lifestyles, When Nice Ride staff requested additional Wedge Community Co-op Nice Ride’s sponsors want to associate their programming support, Blue Cross was excited Nice Ride’s sponsors make their investment brands with a quality service. They are less to have the chance to expand Nice Ride’s decisions based on their own goals to concerned with operations details and more reach in the community. These new encourage healthy lifestyles and urban concerned about Nice Ride’s reputation for opportunities changed Nice Ride’s title vitality. Most sponsors are less interested in providing a reliable, high-quality experience. sponsorship relationship. Blue Cross agreed transportation data and more interested in When Nice Ride succeeds in fulfilling these to fund investments in Nice Ride’s cultural impact. With the encouragement of expectations, sponsors want to build on that organizational capacity, improvements to these sponsors, Nice Ride built a strong success by bringing Nice Ride to more people. existing equipment, and capital expansion. outreach team dedicated to introducing In 2013 it became clear that the Nice Ride people to urban cycling and active lifestyles. urban system was reaching the geographic
By re-investing, Blue Cross enabled Nice Ride to restructure its staffing, purchase a long-term home for its operations, and bring the customer service call center in-house. Blue Cross also made it possible for Nice Ride to replace obsolete modems in terminals, hire a technician to reduce response times on technological problems, and work with 8D to develop retrofit solutions that will facilitate integration of mobile payment and unlocking interfaces.
today than they were in 2011. Also, as some season forces Nice Ride to constantly
of Nice Ride’s electronic devices are reaching innovate and improve. Close relationships the end of their useful lives, the system’s between Nice Ride and its sponsors have All of these changes positively impacted how ‘uptime’ rates are significantly higher than in allowed Nice Ride to go on despite lagging users experience the Nice Ride system. previous years. Nice Ride staff makes utilization and revenue projections all while Though the bikes are older than most bike replacements with the latest technologies. strengthening Nice Ride’s commitment to share bikes in the country, Nice Ride’s highly encouraging a strong cycling community. trained staff and new quality assurance Soliciting sponsorship every year is procedures keep them in better condition challenging. Yet renewing sponsorships each
For Nice Ride, achieving financial sustainability has been a careful balance of controlling operating costs while increasing revenue and fostering sponsor relationships.
Nice Ride was successful in controlling costs in its early years of operation. Cash flow reducing costs of take-out and redeployment, limitations forced belt tightening. Nice Ride reducing overtime pay, in-sourcing the was housed in a closet, held compensation customer service call center, increasing low, and did not invest in tools or spare parts. capacity to make repairs locally, and sourcing
Tremendous donations of professional spare parts directly. services and in-kind or below-market rents helped Nice Ride stay afloat. Because these investments in capacity have paid dividends in higher utilization and In 2013 and 2014 Nice Ride intentionally revenue in the urban system, Nice Ride increased its investment in compensation, intends to continue this approach. Finding space, spare parts, and tools to achieve additional cost efficiencies will be a challenge. system improvement goals. In doing so Nice Ride found substantial efficiencies, including
The 2014 season marked a big step forward for Nice Ride’s system revenue. Without any increase in the number of stations or bikes, sales revenue from subscriptions, passes, and fees grew 39%—a year over year increase of $271,000.
Many factors contributed to Nice Ride’s success in 2014 including: