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2. Development on Urban Corridors Everett Housing Action Plan 25 <br /> <br /> Ground-floor commercial development may also have a negative impact on development <br />feasibility. Available rents for retail commercial spaces, even new spaces, may not provide the <br />same ongoing revenue as residential rental properties. If these spaces do not consider the need to <br />draw a customer base, as noted above, they can be challenging to lease and may rent at relatively <br />lower rates in comparison to the market overall. Although retail opportunities may be important <br />to build these areas as mixed-use communities, coordinating these uses may require careful <br />coordination. <br />Summary of Policy Basis and Findings <br />Policy Basis <br /> Housing Affordability Regional Taskforce – Snohomish County <br />GOAL 1: Promote greater housing growth and diversity of housing types at all levels of affordability <br />and improve job/housing connections <br />SUB-GOAL A: Promote greater housing growth and diversity of housing types and job/housing <br />connections at all levels of affordability. <br />1.A.6 Increase housing variety allowed at a range of affordability levels both in single-family <br />zones and in areas with connections to jobs, and along transit corridors, including consideration of <br />zoning for duplex, triplex, 4-plex, courtyard apartments, etc. <br /> <br />1.B1 Prioritize affordability and accessibility within a half mile walkshed of existing and <br />planned frequent transit service, with particular priority near high-capacity transit stations. <br />Require some amount of low-income housing in development near transit hubs. <br />1.B.6 Reduce parking requirements for low-income housing developments. <br /> Puget Sound Regional Council – VISION 2050 Regional Growth Strategy <br />MPP-RGS-6 Encourage efficient use of urban land by optimizing the development potential of <br />existing urban lands and increasing density in the urban growth area in locations consistent with <br />the Regional Growth Strategy. <br />MPP-RGS-7 Provide additional housing capacity in Metropolitan Cities in response to rapid <br />employment growth, particularly through increased zoning for middle density housing. <br />Metropolitan Cities must review housing needs and existing density in response to evidence of high <br />displacement risk and/or rapid increase in employment. <br /> Countywide Planning Policies <br />DP-18 In coordination with transit agencies, jurisdictions that are served by transit should, where <br />appropriate, enact transit-oriented development policies and development standards. Transit <br />oriented development should strive to include the following common elements: a. Located to <br />support the development of designated local growth centers, countywide growth centers, regional <br />growth centers, and existing and planned transit emphasis corridors; b. Include pedestrian scale <br />neighborhoods and activity centers to stimulate use of transit and ride sharing; c. Plan for an