After working for months to raise enough money, the Puget Sound Bike Share program announced Monday it’s secured $2.5 million over five years from Alaska Airlines.
The program will include 500 bikes at 50 different docking stations throughout Seattle, mostly in the University District, South Lake Union, Capitol Hill, and Downtown. The project, which was previously expected to launch in August, is now slated for a September start.
The program also has about $1.75 million in state and federal grant money.
In January, Puget Sound Bike Share learned that a Canadian company that makes the bikes filed for bankruptcy.
The non-profit’s officials were quick to state that Puget Sound Bike Share hadn’t signed a contract to order any bikes yet.