MoCo Says Capital Bikeshare Exceeded Revenue Projections In First Year
Montgomery County said today that its network of 51 Capital Bikeshare stations exceeded revenue projections during its first full year.
The county’s Department of Transportation (MCDOT) launched the Bikeshare network with 14 stations in late September 2013 and gradually added stations to three clusters: Bethesda/Friendship Heights, Silver Spring/Takoma Park and Rockville/Shady Grove/Life Sciences Center.
MCDOT says about 35,000 Bikeshare trips were taken from October 2013 to October 2014, with most ridership coming out of the Metro-adjacent stations during the morning and evening rush hours.
There are now 14 Bikeshare stations in Bethesda and Friendship Heights. Many observers of Capital Bikeshare’s success in D.C. and Arlington were interested to see how the system would work in more suburban, and more spread-out Montgomery County.
While early numbers were underwhelming, MCDOT and bicycle advocates pointed to increases in use once the weather got warmer in the spring of 2014.
Trips originating from Montgomery County Bikeshare stations increased by 95 percent in April 2014 compared to March 2014. The county reported 3,182 Bikeshare trips started at a county Bikeshare station in April, compared to 1,630 in March.
A new 12-dock station opened at the Bethesda Metro station in late April and a new station also opened in April near River Road and the Capital Crescent Trail likely helped ridership numbers as the year went on.
MCDOT made the announcement about revenue on the same day Capital Bikeshare is set to hold an open house in D.C.
Representatives from all four local governments that own Capital Bikeshare stations — D.C., Arlington County, Alexandria and Montgomery County — will be there to talk a proposed price increase and opportunities for expansion.