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November 1, 2017 <br /> with approximately 266 apartment homes, a 142-room hotel with meeting <br /> and event space, and nine retail and waterfront restaurant spaces. <br /> Waterfront Place is designed for public access, and will offer a trail, dock <br /> walk, and the Pacific Rim Plaza with a splash fountain and tribute to the <br /> Port's international seaport mission. <br /> In all, more than 1,150 multifamily housing units are currently pending or <br /> under construction throughout the city. As new families and professionals <br /> relocate to Everett, homes are selling 22 percent faster than last year, and <br /> the average sales price of a home is $372,000, up from $319,000 in <br /> September 2016. <br /> Our retail landscape is also transforming, particularly in the downtown <br /> core. In August we celebrated the grand opening of Funko's 7,000-square- <br /> foot flagship store and headquarters just down the street on Wetmore. 250 <br /> employees work at the new location, designing toys and assisting <br /> customers in the store, which has attracted "funatics" from around the <br /> globe. <br /> Farms & Market on Grand Avenue is scheduled to open by early 2018, <br /> and the Carlin Company is negotiating several letters of intent for ground- <br /> floor retail spaces. The development will be known as the Grand Avenue <br /> Marketplace and Grand Avenue Apartments and is a highly anticipated <br /> addition to our active downtown core. <br /> We've also welcomed many new restaurants and shops downtown, and <br /> celebrated the expansion of others. From coffee to sushi to breweries to <br /> local art, visitors and residents walking our downtown streets have many <br /> new and exciting options for shopping, dining and entertainment. <br /> Everett continues to grow as a destination for art, music, theatre and <br /> events. Village Theatre saw record attendance this year, with nearly 7,800 <br /> subscribers in Everett and 58,000 patrons attending a show during the <br /> 2016-2017 season. Nearly 300,000 people will attend events at Xfinity <br /> Arena and conference center this year, representing more than $1.4 <br /> million in income. <br /> In January we launched the City's new tourism initiative, This is Everett, <br /> designed to highlight Everett's ideal location and unique, affordable <br /> 369 <br />