Southwark Council is to spend £15,000 to investigate the possibility of extending the Barclays Cycle Hire scheme beyond its current coverage area in the north-west of the borough.
The council has allocated £10,000 to identify cycle hire docking station sites beyond the current scheme area in Southwark.
At present, there is only one docking station east of Tower Bridge Road.
The council says that this work will investigate possible extension options towards Burgess Park and along the river. The findings of the study will be used to cost and plan future scheme expansion.
The recently approved redevelopment of the Biscuit Factory in Bermondsey includes provision for a docking station as part of the planning permission.
The council will also spend £5,000 on a collaborative study with a leading academic to investigate cycle hire usage patterns and identify barriers to usage. This information will also be used to put together a case for extending the cycle hire scheme.