Ordinance 3454-15 with Exhibits A- C

EVERETT COMPREHENSIVE PLAN G. Areas Suited for Further Economic Development This section describes some of the potential areas within Everett's Planning Area for expanded economic growth. 1. Harbor and Snohomish River Waterfronts Everett has two major waterfront areas on the peninsula bounded by the Snohomish River and Port Gardner Bay. Few places along the extensive Puget Sound shoreline allow or encourage commercial or industrial development. Everett, however, presents some rare opportunities for commercial and industrial development on either the Port Gardner Bay harbor front or the riverfront. Everett has a deep -water port where water dependent activities are encouraged, and a barge channel, adjacent to developable industrial land, which is maintained by the Corps of Engineers. On the riverfront (the river continues around the peninsula and is separated from the sound by Jetty Island), a mix of water dependent and water related uses is encouraged Large industrial tracts located along the Snohomish River have undergone a transition from active manufacturing areas to vacant parcels of land. Everett's Shoreline Master Plan has stated a vision for a variety of potential uses for all its shorelines. The Riverfront project south of Pacific Avenue is moving ahead with housing development in the first phase, and commercial development to follow. The Land Use Element calls for additional study of the area from Pacific Ave north to the Port of Everett Riverside business park following completion of the 2015 10 -Year update of the comprehensive plan. A look of the future of this area would be very beneficial to the Riverfront project and underutilized property to the north. The Port's Riverside Business Park has more than 35 acres available for light to heavy industrial business expansion now that an environmental cleanup has been completed. The Port is putting resources into local, national and international outreach to attract employers to this location and to diversify the economy. 2. Everett Mall and Everett Mall Way This area has been developed on large parcels at the junction of highways. The Everett Mall and Everett Mall Way area is the retail center of Everett. This area will figure prominently in the city's future growth plans as additional retail and residential development intensify the area. Further study is needed to help determine the economic development potential and optimum use of properties within the area. 3. Everett Downtown The Downtown has emerged as a major redevelopment area. Since the 2005 major update of the comprehensive plan an Everett Downtown plan, a Downtown Historic Preservation Plan and a Downtown Everett Streetscape Plan were adopted with strong community support. The city has taken significant steps to revitalize and enhance the downtown area, and with a continuation of these efforts, the commercial and residential redevelopment that is occurring in the Downtown should continue over the next twenty years. ECONOMIC DEVELOPMENT ELEMENT