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2. Development on Urban Corridors Everett Housing Action Plan 19 <br /> <br />2. Development on Urban Corridors <br />INTRODUCTION <br />Providing multi-story housing on urban corridors such as Evergreen Way and North Broadway is an <br />attractive concept for several reasons, including: <br /> Residents will have excellent access to high frequency transit leading to Downtown and other <br />regional urban centers. <br /> There are development opportunities on sites in which buildings have reached the end of their <br />useful life and could be demolished for redevelopment. <br /> Sites are large enough to accommodate multi-story buildings and impacts to surrounding uses are <br />minimized. <br /> Increase in housing supply can have a positive effect on affordability consistent with available <br />evidence. <br /> Access to transit facilitates less reliance on private vehicles which contributes to lower household <br />transportation expenses. <br />Given these advantages, encouraging residential development on urban corridors appears to be a <br />valuable element complementing other measures in an over-all strategy to support housing access and <br />affordability. Consequently, this strategy pursues the following State legislative policy objective: <br />Authorize development in one or more areas of not fewer than two hundred acres …. <br />that include at least one bus stop served by scheduled bus service of at least four times <br />per hour for twelve or more hours per day with an average of at least twenty-five <br />residential units per acre that require no more than an average of one on-site parking <br />space per two bedrooms in portions of the multifamily zones that are located within the <br />areas. (RCW 36.70A.600(1)(b)) <br />The corridors in Everett which meet the high frequency standard in the statute include Swift bus routes <br />into Everett Station and along the Swift corridors. These transit corridors within Metro Everett do not <br />have limitations on density and, on average, meet the average of no more than one on-site parking <br />spaces per 2 bedrooms in the statute. However, the high frequency transit routes outside of Metro <br />Everett, where 1.125 parking spaces are required for a 2- bedroom unit when the 25% reduction is <br />applied for high-frequency transit. Parking requirements, as well as dimensional standards along noted <br />transit corridors merit a review. <br />The 2012 Evergreen Way Revitalization Plan provides a multifaceted approach that combines rezoning <br />and design guidelines with transportation and public realm improvements. While the redevelopment <br />emphasis is placed on the properties abutting the highway, the plan acknowledges that it is important <br />that properties within a block or two of the highway or arterial streets are also important to consider. <br />Additionally, intersections allowing pedestrian and bicycle traffic across the street are key for access. <br />Attractive pedestrian and bicycle connections on cross streets are also necessary to connect the <br />corridor to adjacent neighborhoods.