2918 HOYT AVE 2016-01-01 MF Import

Commerce and Finance Everett's commercial life lakes place in three main areas: ihe downtown core area (Central Business District or CBD), strip commercial developments (Evergreen Way and Broad- way), and neighborhood centers. All three sections serve separate, though related, pur- poses and the Everett Community Plan maximizes these individual potentials while minimizing the competitive nature between them. Survey and analy�is ot the Everett com- mercial establishment was covered in depth in Phase I's Interim Preliminary Report. Tha Central Business District In-depth surveys conducted in the previaus phases of ;his study resulted in the investiga- tiun o( several approaches to downtown planning. They inGuded abandonment ot the Iraditicnal downtown function; repair and faceli(ting of existing physical components; and completely redesigning the area in lunction and appearanca. Tha rneult combines elements of the last two approaches. 42 Considering declining sales, tra(fic and park- ing problems, general lack of amenity and most crucially, the pending develooment of Alderwood Mall, just south o( Everett, which could siphon away both merchants anc market from the downtown, it was felt tnat bold steps were needed in a hurry. Though the local economy has been quite clepressed, it aapears to have bottomed-out and is cur- rently beginning an up-swing. Still, bold plans are necessary, lhough they must be tailored to be attainable by possible funding sources. [verett's downtown core is fertile ground for what could be, with initiative, enthusiasm and sound planning, a rich and vital town center. It already has excellent natural environmentai qualities, it is historically where the Everett we know today began, and it conta!ns many fine old building; ripe for "recycling" into new uses (such as the Monte Cristo Hotel). Everett needs a catalyst for revitalization—the mali concept could be that catalyst. Citizens, planners, and merchants workinq together decided that a malt concept sho�ld meet the followinq crileria. Adequate and corrvenient parkinq. A coordinated traffic circulation pattern. Weather-protected pedestrian links through- out. Well designed transitions Irom the mall area to adiacent areas. This would add greater incentive tc improve and maintain properties not directly on the mall area, such as Tom Johnson has done with his store an Wetmore. A strong central focus and identity for Everett to which visitors could relate and in which residents could take pride. A multi-use character and diversity with which all segments oi thr Everett citizenry could identify. A handsome environment to be in, which viould be fun to :�isit and would bring con- tinuity and cohesiveness to the downtown. This is ihe kind of commercial/social environ- ment which nttracte high-quality bueinuoeoo, increases sales, and altracts a broader market. Th�e Mall To the soulh th ment complex future it becorr transit link to S urban system) site for an exnz To the west, He the possible fu� looking Puget � panorama. To the north alc Avenue, both si for higher densi The roadway is and heavily lanc pedestrian char This would cor,t 25th Street at th� Rec�eation Com High School, CI, School across E Four alternative developed: ane : Hewitt closed to poaing Coiby ac way retaraed tr- E:{HZBIT 5 B:CCERPT �ROM HAL�R=\ n L ��:: � 1 nF 2.