Japan has a serious space problem as their population is pushing 128 million (2011 stat) with no signs of slowing. Japan is also a country that embraces bicycles for transportation. In en effort to utilize more of the above ground space for other things, technology has been created to create automated underground bicycles parking. Each machine can hold 200 bicycles and is able to whisk your bike away to safe storage in 14 seconds. The video below shows how the entire process works. The cost is nominal at $30/month and half that for students. Truly amazing technology for getting more people on bikes and an efficient use of space: