Resolution 6527 - Laserfiche WebLink

III. ZONING ANALYSIS A Transfer of Development program will be considered by developers if the program allows for development that differs from what's allowed with the underlying zoning. Accordingly, the underlying zoning represents the starting point for a consideration of TDR opportunities. This section provides a description of what is allowed under the existing residential and commercial zoning designations, as well as a description of what has actually been built. Several zoning designations are identified for feasibility analysis in Section VI. ZONING DESIGNATIONS The relevant zoning designations are those that allow housing in one form or another. Housing is currently allowed in single family, multifamily, and some business or commercial zones. The capacity of existing zoned land in the City was estimated in the Buildable Lands Report in 2007. The results are summarized in Table 3. Table 3 Residential Development Capacity (Dwelling Units) 2007 Pending Vacant PartUse Redev Total Business and Commercial Zones 2,877 746 32 4,371 8,026 Single Family Residential Zones 534 243 422 33 8 1,537 Multifamily Residential Zones 1,278 386 94 2,335 4,093 Total 4,689 1,375 548 7,044 13,656 Source: City of Everett, Buildable Lands Report 2007 The number of units in the pending column represents units in projects identified, but not built at the time of the analysis. The number of units in the vacant column represents potential units on sites vacant at the time of the analysis. The number of units in the Partial Use column represents the number of units that could be built on sites where only a portion of the land is used and additional development could occur without demolition of the existing improvements. The number of units in the Redevelopment column represents units that could be built on underutilized sites with replacement of existing units. As shown, the analysis identified capacity for 13,700 additional dwelling units in the City under current zoning as of 2007. The business and commercial zones have the greatest capacity for additional dwelling units. While there are vacant and partial use sites in all three categories,the greatest capacity is for Redevelopment sites. The specific characteristics of the major multifamily zones are summarized in Table 4. The table does not include either the Single Family R-1 zone or the R-5 zone. The latter EVERETT TRANSFER OF DEVELOPMENT RIGHTS STUDY FINAL REPORT PROPERTY COUNSELORS PAGE 14