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e M <br /> • <br /> Employment Holding Capacity* in Sub-Areas of the Everett Planning Area <br /> Area 1 Area 2 Area 3 Area 4 Area 5 Area 6 Total <br /> In City <br /> Emp. Capac. 39,000 10,200 40,800 3,500 15,500 3,500 112,000 <br /> Uninc. Area <br /> Emp. Capac. - 0 - - 0 - - 0 - 11,000 4,500 2,000 18,000 <br /> Subtotal 39,000 10,200 40,800 14,500 20,000 5,500 130,000 <br /> Minus Est. <br /> Employ. <br /> 1990 (#Jobs) 23,390 9,938 24,327 7,899 10,515 1,396 77,465 <br /> Additional <br /> Emp. Capac. <br /> in 2012 15,610 262 16,473 6,601 9,485 4,104 52,535 <br /> * The inventory of developable land is reduced in this estimate of employment holding <br /> capacity to account for the likelihood that certain lands will not be developed during the <br /> time frame of the comprehensive plan, and to allow for capital facilities to be located <br /> within some of the developable land. The actual employment capacity would be <br /> greater if all land were assumed to be developed within the remaining 15 years of the <br /> planning period for the comprehensive plan (2012). <br /> The above estimates of employment holding capacity do not include potential changes <br /> to land use designations within the unincorporated parts of the Everett Planning Area <br /> that may be proposed by Snohomish County to increase the employment capacity. <br /> The employment numbers in the above table have been modified to reflect <br /> • the additional detailed analysis conducted for the SW Everett/Paine Field Subarea <br /> Plan Environmental Impact Statement, <br /> • the City's experience that employment is increasing much faster in the Southwest <br /> Everett industrial area than in other portions of the City, and <br /> • the expectation that the adoption of the Southwest Everett Subarea Plan and Planned <br /> Action Ordinance, which creates an expedited permit process for development of <br /> the Subarea, will increase the employment growth rate in the Subarea over that <br /> previously anticipated. <br /> Section 2. The Faster Growth Alternative of the Southwest Everett Subarea Plan, Exhibit 1 to <br /> this Ordinance, is hereby adopted and Exhibit A of Ordinance No. 2021-94 as amended in <br /> Section 1 herein is hereby amended by the addition of this Southwest Everett Subarea Plan. <br />