Ok, this pushes all the right buttons: overkill amazing use of engineering, user-friendliness, and efficient use of valuable urban spaces. Two hundred bikes take up a lot of space. This is an uber-compact, and secure, solution. They are likely not cheap and much of the US is a ways off from seeing the benefit of such structures, but places like Copenhagen and Amsterdam, with multistory bicycle parking decks, would be excellent sites. In an ideal world where these were common in bustling (thief-ridden) city centers, taking the Colnago out to the bar seems more viable. Oh, and it's also weatherproof for people using their bikes for honest-to-goodness transportation.
Check out this video detailing the design and operation of the underground bike parking tube.
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