Ordinance 4101-25 - Laserfiche WebLink

Page 124 Everett 2044 Housing Element Appendix Results In the buildable lands analysis that represents Alternatfve 1-Current Plans Extended, the total assumed housing at the end of the planning period is 68,500 housing units. Reasonable measures taken since the analysis provide capacity for an additfonal 5,000 housing units for an updated baseline capacity of 73,500 housing units. In the development model, 1,594 parcels and 445 acres developed in the planning period under Alternatfve 2-Concentrated, developing 50,643 dwelling units. In Alternatfve 2, 2,508 detached infill and accessory dwelling units were assumed in the remaining single-family zones along with 2,500 dwelling units produced in the city’s three major master planned developments (Riverfront, Waterfront Place, and Park District). The total assumed housing at the end of the planning period under Alternatfve 2- Concentrated is 98,406 housing units. In the development model under Alternatfve 3-Dispersed, 2,268 parcels and 580 acres developed in the planning period, developing 33,608 housing units along with 2,500 in the city’s three major master planned developments. The total assumed housing at the end of the planning period under Alternatfve 3-Dispersed is 78,863 housing units. Development Model Alt 1 Alt 2 Alt 3 Not assumed redevelopable (units to remain) 28,671 42,755 42,755 Assumed redevelopable (units developed) 39,829 50,643 33,608 Detached infill, ADU 2,508 2,508 0 Specials (Riverfront/Waterfront Pl.) 2,500 2,500 2,500 Total Modeled Housing Units in 2044 73,500 98,406 78,863 Much of the difference in modeled housing productfon is in the Urban Corridor Frame geography, which was assigned mid-rise in Alternatfve 2-Concentrated and low-rise in Alternatfve 3-Dispersed. See the maps in Exhibit 1 for an illustratfon of how the patterns differ between alternatfves. The development model provides a likely scenario for where and how many dwelling units will be developed during the planning period, which is necessary for environmental review. Theoretfcal development capacity, which is how many homes could be built if every property redeveloped to a maximum building footprint, is much higher: about 850,000 housing units in Alternatfve 2-Concentrated and about 645,000 housing units in Alternatfve 3-Dispersed. Preferred alternative Alternatfve 3-Dispersed was advanced and modified to become the preferred alternatfve. Changes to the zoning map, generally reductfons in capacity, were applied to the capacity analysis for Alternatfve 3- Dispersed. Reduction in modeled development (Alt 3-Dispersed to May 30 Preferred Alternative) High-rise -23 Mid-rise -64 Low-rise -732 Neighborhood Residential -42 Total -861