2010/05/26 Council Agenda Packet

Response to Comments CEMEX Final Supplemental Environmental Impact Statement November 30, 2009 8. Robert J. Macaulay, MAI Macaulay & Associates Comments in favor of proposal. In regard to market absorption of industrial space, Mr. Macaulay notes a third quarter 2009 report from GVA Kidder Mathew, Industrial Market Review, that there is more than 3,700,000 square feet of vacant industrial space currently available in Snohomish County. Mr. Macaulay notes, "Absorption in the first nine months of this year was minus 751,000+/- SF (square feet). Given the positive market attributes of the proposed development, together with the inclusion of 33 acres of light industrial zoned land, conversion of the remaining land to other uses in connection with the Glenwood project is not significant." Response: When considering land use policy, decision makers typically use 20 year and longer planning horizons. The opposite question could also be asked. Is there a demand now for vacant residential mixed use land? The answer would be no, and would not be a fair question. There needs to be a long-term look at demand for residential, mixed use and industrial land. The demand for land will come back in the future. As jobs are created and industrial lands are built on with new or expanded business, then there will be an increase in demand for residential land uses. The point raised in this letter was made available to the author the South Everett Industrial Land Analysis, and he confirmed the need for this "long term perspective." Mr. Easton states, "At some point, no one can say when exactly, the market is "expected" to resume its consumption and reuse of industrial land and, because of this, at this time, there is assumed to be a shortage of land in Everett zoned for commercial purposes." 15. Robert F. Zane, Vice President Real Estate Operations Campbell's (StockPot) "... The proposal will affect the operations of StockPot's $80 million, 220,000 square foot state- of-the-art culinary campus located at 1200 Merrill Creek Parkway, which was developed with the expectation that the surrounding land would be developed pursuant to its current industrial zoning. The Proposal contemplates changing large tracts of land from industrial to residential and commercial uses, which is likely to have a number of significant adverse impacts to elements on the environment, listed in Washington Administrative Code, ("WAC") 197-11-444." In his letter Mr. Zane states, "If the City contemplates approving the Proposal, we respectfully insist that the City must first undertake and complete a full environmental review of the required modification of the industrial lands policies." Chapter 3 — Land Use Policy Comments IN