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2025/06/18 Council Agenda Packet
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2025/06/18 Council Agenda Packet
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Council Agenda Packet
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6/18/2025
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EVERETT 2044 <br />COMPREHENSIVE PLAN <br /> <br /> <br /> <br /> 6/17/2025 <br />COMPREHENSIVE PLAN <br />ECONOMIC DEVELOPMENT ELEMENT <br /> Page 62 <br />The Business Community <br />Everett is a global center of the aerospace industry. Boeing Commercial Airplanes and its aerospace <br />supply chain built every 747, and it continues to produce the 767, KC-46, 777, and 777x aircrafts. In the <br />near future, it will begin producing the 737-MAX. The city is one of the world’s leading hubs of high-tech <br />innovation, the seeds of the next wave of economic growth may be found in Everett’s clean energy, <br />biotechnology, composite, and advanced technology manufacturing. <br />This innovation doesn’t stop with high-tech industries, the city is home to institutions of higher <br />education, including Everett Community College and Washington State University, instrumental in <br />research, and workforce training. <br />Everett serves a range of firms with overseas markets or offshore suppliers and is the place to be for <br />companies with overseas markets or offshore suppliers. Sixty percent of Everett jobs are associated with <br />international trade. The Port of Everett’s deep-water seaport facilities has worldwide shipping <br />connections. Container, breakbulk, and barge facilities are available with on-dock rail to expedite multi- <br />modal freight. The Port operates Foreign Trade Zone #85, allowing firms to manage customs fees and <br />duties. <br />The Arts, Culture, and Film sector engages in diverse and cultural experiences partnering with <br />organizations, corporations, artists, and performers. This sector promotes arts, culture, and the <br />preservation of historic resources for community revitalization. <br />Tourism is a significant and growing sector of the economy. The area is a destination for people wanting <br />to explore coastlines, mountains, waterfalls, forests, and farmlands. Everett is also home to the minor <br />league baseball team, AquaSox, and hockey team, Silver Tips. <br />The city is served by more than 4,000 small businesses, with fewer than 50 employees, that bring vitality <br />to shopping centers and neighborhoods with goods and services to meet the needs of the residents. The <br />city recently supported the restarted Everett Chamber of Commerce to grow and assist local businesses. <br />All these economic sectors add to a diverse community and healthy economy with room for the next <br />generation of ideas and businesses. <br />Industry sectors <br />Everett’s economy is deeply tied to aerospace, healthcare, and public sector employment, with Boeing <br />as the dominant employer. While this industry provides high-wage opportunities, it also supports <br />several hundred direct and indirect jobs in Snohomish County. The healthcare sector is another <br />economic pillar that is set to grow as Everett’s population ages. Other top industry concentrations such <br />as public sector, government, military, and education contribute to economic stability in Everett. <br />Top six employers in Everett: <br />1. The Boeing Company – 35,000 2. Providence Regional Medical Center – 4,906 <br />3. Naval Station Everett – 2,900 4. The Everett Clinic – 2,871 <br />5. Snohomish County – 2,759 6. Everett School District – 2,443 <br />Source: Economic Alliance Snohomish County
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