Ordinance 3613-18 - Laserfiche WebLink

Residential Market One of the keys to additional economic opportunities in Metro Everett is increasing the number of people that live there. With new residents will come additional business opportunities—from retail to entertainment to services that support the newcomers. Residential growth has been steady, but slow in comparison to some other robust Puget Sound communities. E-5: Support the development of 1,000 units of market rate housing over the next seven years (by 2025). Provide appropriate financial and zoning incentives as necessary to encourage this development. (See Housing chapter for more specific recommendations.) E-6: Ensure housing is affordable for all income levels, with a mix of incomes reflective of the city. E-7: Ensure that any housing located adjacent to industrial uses, such as the Port of Everett, is compatible with noises and other nuisances generated by industrial activity. Commercial and Industrial Uses Leland Consulting Group forecast modest opportunities for additional office space development in Metro Everett. Some of this space might best be suited with redevelopment of existing buildings, particularly the upper floors. They also saw opportunities for potential expansion of grocery stores, and manufacturing that builds on key industry clusters and economic identity for Everett. E-8: Support redevelopment of upper floors of older buildings. The city might help by reducing additional required parking. EE9: Encourage improvements of storefront facades with programs such as the "Main Street" program and/or a low- interest loan fund. E-I 0: Allow light manufacturing and light industry to continue in Metro Everett, particularly in Everett Station and near the industrial port operations on the west side. E-I I: Encourage the growth of creative and emerging ideas around jobs, such as makerspace (see http://snocomakers.org/) and live-work spaces (see http://www.artspaceeverettlofts.com/). Chapter 9,Economic Opportunities 5 August 29,2018