2013/10/16 Council Agenda Packet

Strategy 7: Use Land Efficiently in Transit 402z4.02020 i Communities Transit communities contain a limited amount of land to accommodate housing, workplaces, retail and services,open space and other public amenities. Attracting growth to transit communities starts with policies and regulations that use that resource wisely and allow sufficient compact development to meet growth and ridership goals along with public and private actions to support those z ` investments. Puget Sound Regional Council 7.1 Amend plans and policies to include detailed guidance on transit supportive densities and uses, including recommended density ranges for each transit community type. Density guidance should be consistent with the Regional Growth Strategy and with ridership potential for the transit modes in each location and also reflect local land use and market characteristics. 7.2 Refine criteria for transportation project funding and station area plan implementation grants that incentivize zoning for achievement of transit supportive densities that are consistent with regional guidance. 7.3 Maintain a regional inventory of developable public lands located within transit communities and provide technical assistance to other public agencies in identifying opportunity sites for TOD. 7.4 Leverage existing agency resources to support ongoing evaluation of the supply and demand for residential and commercial development in transit communities. N 7.5 Collaborate with transit agencies and local governments on continued development and regional C implementation of the Transit Service Overlay Zone concept to support and complement the GTC Strategy. uTransit Agencies 7.6 Provide input to regional and local governments on appropriate density thresholds for transit communities ywithin each high-capacity transit corridor based on regional and local plans and expected levels of service by Ctransit mode and ridership potential. CD 7.7 Adopt land acquisition policies that support TOD potential. Conduct analyses of TOD potential for properties E under consideration for agency acquisition within transit communities. E 7.8 Adopt land disposition policies and procedures that leverage agency property assets in order to support transit p supportive densities and affordability in transit communities,such as through sale or joint development. u 7.9 Identify agency owned opportunity sites for joint development and land assembly in transit communities. CL Local Governments 7.10 Adopt land use plans and zoning regulations that accommodate and promote transit supportive uses and densities that are consistent with regional guidelines. 7.11 Align surplus lands disposition policies with local and regional TOD objectives. 7.12 Identify city or county owned sites with potential for joint development and land assembly for TOD projects. 7.13 Conduct a land supply and capacity analysis for each high capacity transit station area. Build upon existing work and resources,such as periodic Buildable Lands evaluations. State 7.14 Adopt legislation to give public agencies greater flexibility in disposing of surplus lands for the purposes of transit oriented development in station areas, including the ability to discount property sale price where long- term housing affordability is provided. Priority Transit Communities for this Strategy • Transit communities with current high capacity transit service or expected within 10 years,and other regionally significant transit communities 34 The Growing Transit Communities Strategy I Public Review Draft I May 2013