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EVERETT COMPREHENSIVE PLAN <br />improvements will become increasingly difficult to obtain. The potential for additional <br />revenue impacts due to state initiatives and voter -approved tax cuts may make revenues <br />even more unstable and difficult to forecast. As a result, Everett may have to consider <br />reducing level of service standards for a number of public services and facilities. <br />8. The majority of Everett's residential growth will occur in and near the Central Business <br />District, Everett Station, and in transit corridors. <br />9. There will be significant residential and commercial redevelopment activity in and <br />surrounding Everett's downtown core. <br />10. As vacant and developable land becomes scarcer and population continues to grow, the <br />cost of housing will rise at a faster rate than personal income. This will force the City to <br />reexamine the traditional residential development and redevelopment patterns, and will <br />result in the great majority of new housing in Everett being developed in multiple family <br />structures. The demand for multiple family dwellings will increase as a result of growth <br />in the number and percentage of senior and single -person households, and a decrease in <br />the percentage of households with children. <br />11. Although improvements will be made and greater emphasis will be placed upon the <br />public transportation system, the private automobile will continue to be the primary form <br />of transportation for the majority of Everett and Snohomish County residents. Everett <br />must consider revisions to its traditional land use pattern and development regulations to <br />promote greater use of its public transportation investment and alternative modes of <br />transportation. <br />12. Concerns about air quality, water quality, and climate change, will generate changes to <br />federal and state laws, and impact local land use planning requirements and development <br />regulations. <br />13. As a large owner of vacant and underutilized waterfront land, the Port of Everett will <br />expand its waterfront development activity and will also continue to focus attention on <br />public shoreline access and recreation improvements. <br />14. The Port of Everett will continue to expand its trade activity at the marine terminal. <br />15. Everett will experience continued growth in citizen interest in the arts and cultural <br />activities as population increases. This growth will result in a demand for improved arts, <br />cultural, and recreational facilities in Everett. <br />16. An increasingly urbanized population will create greater demand for recreation facilities <br />and open space, including trails, and Everett's shorelines will become a focus for the <br />community's recreational and open space needs. <br />17. The aging of the baby boom generation will substantially increase the proportion of <br />Everett's population over the age of 65. This demographic change will create demand for <br />more senior -friendly and affordable housing, as well as increasing the need for public <br />transit service. <br />INTRODUCTION 11 <br />