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The land status classification system was based on the 2012 Snohomish County Buildable Lands Report'. Parcels in which <br /> potential capacity for additional development is calculated were put into one of three land status categories: <br /> Vacant. Vacant parcels are generally those where the Assessor's building improvement value is less than $2,000. Conversely, paved <br /> parking lots often have assessed improvements over$2,000 but are still considered vacant. <br /> Redevelopable. Redevelopable parcels are those non-vacant parcels which are candidates for potential demolition of the existing <br /> building and replacement by something new at some time during the 20-year GMA plan horizon. Identification of buildings as <br /> redevelopable begins with the ratio of improvement-to-land value,the zoning or plan designation, and the current use. <br /> For multi family, commercial, industrial, or mixed-use zoned or designated land,existing buildings valued at less than 100%of <br /> the land value are usually considered potentially redevelopable. Exceptions include certain existing commercial uses. Gas stations are <br /> the most common commercial exception because they require a high visibility location,which means the land is expensive, while the <br /> condition of the building itself is of little importance to running the business. <br /> Partially-used. Partially-used parcels are those where the model assumes that the existing building(s) use only a portion of the site <br /> and that additional development on the parcel is possible without demolition. Different criteria apply depending on the land <br /> classification: <br /> For multi family zoned parcels,the building footprint must be less than 20%of the buildable parcel area. Further,the existing <br /> density must be less than the historic norm for the zone. (The development history shows that additions to existing multi-family <br /> buildings or complexes are relatively rare, and the predictions in the model support this.) <br /> For commercial, industrial, and mixed-use zones,the floor area ratio is usually less than 25%and the building improvement to <br /> land value ratio is greater than 100%. For uses such as restaurants, auto dealerships, gas stations, and building dedicated to religious <br /> beliefs that require substantial amounts of parking,the floor area ratio is less than 10%.Some existing buildings are in good condition <br /> but have enough extra land to lower the ratio below 100% and are modeled as partially used. <br /> When initial classifications were completed by Ms. Brasel, the city's planning director reviewed each classification status and <br /> changes were made based on his knowledge and experience. For example, the area around Everett Station and the future light <br /> rail station were generally classified as redevelopable due to the significant change anticipated with the arrival of light rail. The <br /> parcels identified as having land capacity for this analysis are shown in Figure I on the following page. <br /> 'https://snohomishcountywa.gov/DocumentCenter/View/7662/2012-Buildable-Lands-Report <br /> Appendix B, Metro Everett Land Capacity 2 August 29,2018 <br />