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Indianapolis Bikeshare Launches Today

bike share

Photo: Pacers Bikeshare

The bikeshare program costs $8 per day or an $80 for an annual membership.

Indianapolis’ Pacers Bikeshare in the city’s downtown starts today.

It includes 25 stations and 250 bicycles.

The program costs $8 per day or $80 per year for a membership. The first 30 minutes of checkout is included. It is $2 for 30-60 minutes and $4 for every 30 additional minutes after that.

The Indianapolis Star reports on how the program is being funded:

The Pacers name? That’s due to an undisclosed financial contribution from the Simon family, who owns the Indiana Pacers. Indy’s bikeshare is the first in the nation to be connected to a professional sports team, said Kären Haley, executive director of the Cultural Trail.

The Herbert Simon Family Foundation funded the startup costs and will fund the ongoing operations. Another $1 million was given by the Congestion Mitigation and Air Quality Program, part of the U.S. Department of Transportation.

The bikeshare stations are open from 5:30 a.m. to midnight.

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