Update: As of April 2015 this bike corral had been removed and replaced by a car parking spot.
Brad Aaron, back down in Key West for spring break, files this update from South Florida's bike-friendly isle.
Spotted these guys installing a bike corral just off Duval Street, Key West's main drag, on Monday afternoon. Parts of historic Old Town, at least, have recently been converted to muni-meter parking, but from what I could tell this facility was taking the place of a metered spot.
See the finished product, already getting use as of Tuesday, below.