TEMPE, Ariz.–(BUSINESS WIRE)–June 3, 2022–
Culdesac Tempe is pleased to announce its latest major retail tenant, Archer’s Bikes, for bicycle sales, trials, rentals, repair and accessories. Archer’s Bikes complements Culdesac Tempe’s array of local businesses which includes an independent grocery store, cafe and restaurant.
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Randy Archer and Travis Kidd of Archer’s Bikes at the Culdesac construction site. (Photo: BusinessWire)
Archer’s Bikes caters to the everyday commuter and welcomes people from all walks of life and with all kinds of bikes. In particular, founding residents of Culdesac Tempe save up to 50% on flat rate services and have access to discounted flat bike tire repair and an annual health check for any bike, in addition to other benefits. , such as a quick five-minute “anytime” service. bike evaluation. More information can be found here.
Archer also offers the largest selection of e-bikes in the Phoenix area, as well as an e-bike service center. Archer’s Bikes will serve as a community resource and support the transition from car travel to bicycle travel.
About Culdesac Tempe
Culdesac Tempe is the first intentionally car-free community in the United States and the first mobility hub in Arizona. Scheduled to open in 2022, Culdesac Tempe is a $200 million project with 761 residential units, 16,000 square feet of retail and 35,000 square feet of amenities on 17 acres. The Tempe project marks the nation’s first and only agreement between a city and a developer to build a neighborhood-scale community without any residential parking. The commercial area will have a large car park with 150 spaces for visitors and residents.
The development is located next to a light rail station and on-demand services (eg Lyft and Uber, electric scooters and car sharing) are much more available than in the average neighborhood. For bicycle connectivity, the City of Tempe recently approved an infrastructure master plan for the Smith Innovation Hub north of Culdesac Tempe. Funds have been received to begin designing street improvements, including a bike path, along Smith Road.
About Archer’s Bikes
Archer’s Bikes is a family operated business with locations in Mesa and Prescott. Randy Archer, Founder and CEO of Archer’s Bikes, reflects on the expansion of his third location: “At Archer, we embrace sustainable urban planning, which fits perfectly with the concept of Culdesac. With a commitment to customer service and inclusivity for all cyclists, Archer’s Bikes services all bicycles, new and used, pedal and electric.
As part of their goal of healthy urban living, Archer’s Bikes will be hosting clinics and workshops to educate members of the wider Tempe community about cycling and e-biking as a sustainable, reliable and enjoyable alternative to commuting. car.
E-bikes as an economical alternative
As gas prices rise, low-cost transportation options are becoming increasingly attractive (cars cost every American nearly $800 a month). E-bikes cost a fraction of a new car, and with financing programs, the cost of an e-bike can be less than $40 per month. E-bikes offer a cost-effective alternative that allows cyclists to commute or run errands as an essential new form of urban mobility.
The business case for bicycles
Last year, electric bicycles overtook the sale of electric cars, and the popularity of electric bicycles is increasing rapidly. In the United States, more than a third of car trips are two miles or less, providing an opportunity to replace car trips with e-bike trips.
Located just north of the Culdesac Tempe site, the Smith Innovation Hub is an economic development initiative “aimed at improving key employment corridors to promote new investment, job creation and the creation of places that attract and retain a quality workforce. Planned bike lane improvements are designed to support business growth and build community, without increased traffic and congestion. A recent study revealed that the installation of cycle paths has a positive impact on local economic activity, in particular for the restaurant and retail sector.
Support the locals
As a local family business, visiting Archer’s Bikes in Culdesac Tempe to purchase a used or new bike, for bike repair or rental, or for an educational course will provide an opportunity to support the local economy. Archer will serve as a key component of the multimodal (streetcar, light rail, bus, pedestrian and bicycle) transportation corridor in Tempe.
Culdesac is a property developer and property manager. Culdesac is building and operating the first car-free neighborhood built from scratch in the United States Founded in 2018 by former Opendoor founding team member Ryan Johnson and economic development specialist Jeff Berens, Culdesac is backed by Khosla Ventures, LenX (venture arm of Lennar), Zigg Capital, founders funds and seed capital. The company’s headquarters are in Tempe, AZ. For more information, visit www.culdesac.com.
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CONTACT: Erin Boyd
KEYWORD: UNITED STATES NORTH AMERICA ARIZONA
KEYWORD INDUSTRY: COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY OTHER TRADE ENVIRONMENT SPECIALTY URBAN DEVELOPMENT COMMERCIAL RESIDENTIAL BUILDING & REAL ESTATE
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PUBLISHED: 06/03/2022 09:00/DISC: 06/03/2022 09:02