Bike share for student housingAT ZAGSTER, WE DELIVER COMPREHENSIVE BIKE-SHARING SOLUTIONS

tailored to the needs of the communities we serve. This

includes a large group of colleges — and their surrounding

student housing properties — that have made the prudent

decision to install bike shares. So why is a bike share an

ideal addition to your student residence? And how can you

implement one?

“Through supporting bike infrastructure, real estate professionals can play a significant role in creating healthier, more sustainable communities. They can also help position their projects and communities in a marketplace that increasingly values active transportation.”

- URBAN LAND INSTITUTE, “ACTIVE

TRANSPORTATION AND REAL ESTATE:

THE NEXT FRONTIER” (2016)

OUR PARTNERS include some of the nation’s biggest names in higher education and residential property development and management, such as:Bike shares provide clean,

convenient, and cost-effective transportation for communities of all types. But for student-centric housing in particular, bike shares are a valuable addition because they give properties a distinctive amenity that appeals to the unique demands of young consumers while also reducing the leasing workload on property managers going forward.

For decades, car ownership was a ceremonial ticket to freedom for America’s youth. That’s no longer the case, as car culture is waning — especially among the nation’s younger members. “Today, car ownership is no longer a rite of passage; it’s more often seen as a hassle,” says Craig Zogby, managing director of student housing

and multifamily at Kayne Anderson Capital Advisors, whose firm has partnerships with Zagster. “Young college students want low-stress, low-cost ways to get around campus and the surrounding area.”

The hassles of car ownership are particularly acute for college students because campus parking is inherently limited and, quite often, expensive. By ditching their cars, students can save, on average, $20,000 over the course of a four-year enrollment, according to Forbes. Yet while campus shuttles and mass transit are both viable alternatives, they’re not the most accessible nor cost-effective options for students whose time and money are at a premium.

The benefits of bike sharing

By making properties more convenient and desirable, bike shares also make it easier for property managers to pitch their offerings to prospective and returning tenants. Bike sharing “helps our properties maintain high renewal rates,” Zogby says. “In addition, the leads generated by walk-in traffic help our property stay ahead of the leasing curve.”

All of which is to say, bike shares give student housing properties distinct competitive advantages

in a fast-moving and constantly evolving marketplace.

“We are just scratching the surface, but have proven that by anticipating our residents’ needs, we are adding to the magic that makes our residences stand out among the competition.,” Zogby says “Their world is changing rapidly and to remain successful, we must not only keep up, but keep creating the places and spaces where our residents want to live before they know they want to live there.”

What Zagster offersZAGSTER OFFERS COMPLETE BIKE-SHARING PROGRAMS backed by years of proven experience. Our service covers everything involved in building and running a bike-share system, from bikes and tech to maintenance and marketing. We: work closely with partners to design systems best suited to their individual needs; install and regularly service all equipment, so you never need to lift a wrench; and handle all the rider support and nitty-gritty once you’re up and running. With Zagster, you’re never riding alone.

How to get startedZAGSTER MAKES IT EFFORTLESS TO GET ROLLING. Since our programs are lightweight relative to other bike shares, we can go from conception to completion within a few months, not years. But just as every community’s needs are unique, so too are the solutions we provide. So if you’re interested in making bike sharing a reality for your student housing property, contact our expert consultants today, and they’ll get you started.

HARDWARE

BikesBasketsDocks

Locking technologyCustom signage

SOF T WARE

iOS & Android AppsText reservation support

Custom websiteReal-time dashboard

OPERATIONS & MARKETING

Launch, success &marketing teams

Complete maintainanceRepairs & replacements

24-7 rider support$4M Liability Coverage

“With Zagster...we look to pull the student to our site and offer transportation as an amenity, while at the same time marketing our property as the most convenient place to live.”

- CRAIG ZOGBY, KAYNE ANDERSON CAPITAL ADVISORS

At Zagster, we believe life is better on a bike.Let us help your property be better on a bike, too.