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Recommended Plan <br /> The Setting <br /> The Everett Station area is in a location that is ideal for attracting new private investment. <br /> It is next to a downtown core that is becoming increasingly diverse. It is accessible to Interstate 5 from two directions. It is <br /> served by many modes of public transportation. It is close to residential neighborhoods that are mature and themselves seeing <br /> re-investment. And it is not far from a dynamic port that includes both a major, state-of-the-art Navy base and numerous <br /> marine-related businesses. The Port of Everett itself is pursuing aggressive plans for development. <br /> While many businesses will continue to operate in the Everett Station Area, there will be increasing opportunities for infill <br /> development and adaptive re-use of structures to serve different types of companies. The area is similar in nature to other areas <br /> in the region and elsewhere in which enhanced transportation access has led to a gradual transformation of buildings and uses. <br /> Market trends suggest a growing demand for space to start up and grow small businesses that support and provide parts and <br /> services to larger technology-based companies. The current downturn in the economy is not producing a market demand for <br /> space in any category. However, it is expected that, when the cycle begins to turn upward again, demand will be strong for new <br /> technology-oriented companies. But because of shifts in the economy and the changing nature of contemporary business, such <br /> space needs to be flexible and easily adapted to allow for varying amounts of administration, sales, production, and shipping. <br /> Developers who can deliver sites and buildings that provide access, visibility, proximity to amenities and services, and <br /> flexibility will be the most successful in attracting tenants. The Everett Station Area offers all of these attributes. <br /> Housing will be allowed in existing buildings in live work units and by projects implemented through the Planning <br /> Development Overlay zoning process. <br /> Overall Vision <br /> The overall vision for the Station Area involves its evolution and enhancement as an employment center. This vision <br /> anticipates a variety of businesses involving combinations of technology, research and development, fabrication, sales, storage <br /> and distribution. Many companies within the region are looking for locations that provide easy access to transportation but also <br /> 2 <br />