Bicycle oriented development, right now, is a nebulous trend seemingly owned by the overeducated/underpaid demographic, you know: community engagement officers working for local government; barristers; bike mechanics; young architects. Folk like we used to be, when we were the ones with street credibility. And it is precisely this hip/naive vibe that will make urban cycling more and more popular among old people with money. Like art, cycling is something boring old farts will want to buy into, to assuage any sense their lives were spent just working and saving.
Places that right now are sites for ride-through joints to grab a ristretto, will one day be sites for bike access condos, as surely as the meatpacking district in New York went from being the site of bare-backing nightclubs in the ’70s, to now being the address of success for America’s most wealthy buyers of designer apartments. So wherever this cafe is being being built now, I suggest buying industrial land somewhere nearby. My investment tip for today!