2010/05/26 Council Agenda Packet

employment projection for zone 140 of 1,572 and zone the 152 projection of 2,145 employees in 2012 would be reduced by the total value, less expected build -out employment, with proportionate changes made for the 2030 estimates. The estimate is not exact since expected build -out employment would come after the projected 2012 time line used in the 1995 Sub Area Plan. Still, it can be estimated that employment potential in these two micro analysis zones would decline by approximately half, and that jobs that would take their place would primarily be in the service sector. That said, about half of the estimated manufacturing employment would be in warehousing, which is roughly equivalent to service sector jobs. Net effect would be a decline of 1,500 jobs, half of those would be potential high wage manufacturing. These estimates are preliminary at this point. See page 2-15 of the SW Everett Sub Area Plan and supporting narratives. The Sub Area Plan shows mining at the CEMEX site that would need to be revised, see page 3.6 —12. Noise is noted specifically in regard to the "Associated Sand and Gravel" site (now CEMEX at page 3.7-2 and that would need to be revised or eliminated from the Plan. Economic Development Chapter Policy 7.1.4. Treat industrial lands as a critical and limited resource and protect this resource with land use policies. No change needed. Policy 7.8.3 Absent a compelling reason, ppreserve the existing base of usable industrial lands, treat these lands as a resource with policies that protect it. See needed change. Staff analysis: Absent a compelling reason to do otherwise, Everett's Industrial Lands Policies call for protection and preservation of such upland industrial areas, and the employment base they represent. 7 Industrial Land Policy Analysis