No, because the problem with the act was where it removed lanes already built, and the only justification provided had no evidence to support it.
The government can violate your section 7 rights, under section 1. This failed that test by being arbitrary.
That's not the argument the decision makes. The law ordered the removal of bike lanes to improve traffic. Then they could not show that removing the bike lanes would improve traffic. So they're taking an action that would endanger members of the public for no benefit.
If they could justify it then it could be saved under the reasonableness clause but they can't.