Bike sheds are coming to the suburbs.
They’re here, and they’re coming fast.
In the last six months, the number of new bike sheds in the U.S. has tripled.
And the numbers of new townie bikes are growing as well.
“This is a massive shift from where we were a decade ago,” said Peter Schaffer, chief executive officer of the National Association of Towneys (NATA).
The growth is a result of a combination of factors, including: bike share programs in some cities, like Seattle and Portland, are adding new bike racks to meet demand for bikes; the popularity of ride-sharing services like Uber and Lyft, which allow people to pay a monthly fee to rent out their bikes to drivers; and the availability of bike accessories like racks and trailers that offer additional storage space and a convenient place to store equipment.
The new bike shed phenomenon has been fueled by a new generation of investors.
In 2017, the National Park Service announced it had partnered with bike-shed maker NTA Bikes to bring new bike storage to parkland across the country.
And in 2019, the city of Milwaukee announced it would spend $150 million to build a bicycle shed and bike storage facility.
“Bike sheds are becoming a standard part of the urban fabric,” said Schaffer.
“They’re not just about the bikes.
They offer additional space for people to store bikes and equipment.
They can be used for storing equipment and other bikes.
The cycle shed is a great addition to the town bike network.
We’ve had a lot of interest from investors in this space, and it’s very exciting to see it becoming more commonplace.”
It’s the trend that’s bringing in a lot more money.
The National Park System spent $11.6 million on town bike storage in 2018, according to NATA.
Bike sheds have become a common sight in the bike rental scene, with a growing number of companies offering a variety of storage options.
The growth has been driven by investors who are buying up bike shed and other bike storage equipment.
One such company is the Cycle Shed and Storage Corporation, based in Santa Monica, Calif.
Cycle Shed has more than 100 bikes that are stored in storage units in three warehouses, including a warehouse in Santa Clara, Calif., that houses a bike shed.
Cycle shed has also leased warehouses to other companies, including the company that built the San Francisco Bicycle Warehouse and the company with the most sheds in San Diego.
Cycle storage companies are also selling bike storage hardware to people looking to buy bikes for the first time.
“We’re starting to see more bike sheds that are becoming more common in the marketplace, as well as other types of facilities that are being built,” said Cycle Shed CEO and cofounder Josh Pimentel.
“People want to own their bikes and they want to be able to store them in a safe, secure environment.
So, we’re seeing a lot in terms of bike sheds.”
Pimentels bike shed is equipped with a trailer that can hold a variety, including bikes and accessories.
“It’s one of the few things that will work for me as a commuter or for someone looking to build their own bike,” said PimentEL.
“I think there are a lot that people are looking to do with bikes in their lives that we’re able to provide.”
Cycle Shed also sells bikes that have been stored in the company’s storage warehouse for a few years, like a 2012 Schwinn Schwinn Cross Country, a 2016 Triumph Cross Country and a 2013 Honda CB500.
“There’s always been a demand for more bikes to go in town bike sheds,” said Kevin Lasseter, a former NATA executive who’s now a partner at BizStone, a bicycle logistics company.
“But in terms