2018/11/28 Council Agenda Packet

Downtown Everett reaches. new prominence as thousands of residents and dozens of businesses join those who already make Everett home. New and established alike take full advantage of Downtown's unrivaled access to nature, housing, and employment, and they enjoy its diverse dining, entertainment, and cultural options. They make a point to participate and shop locally, bringing vitality to Downtown streets, businesses, and institutions. The region appreciates Everett's value, bringing investment, new construction, and tasteful renovations that capitalize on Everett's classic street grid and historic architecture, resulting in a dynamic, walkable, and exceptionally authentic city. Ongoing 1. Promote Downtown Everett 2019 2. Designate a Community Renewal Area —as recommended in the Metro Everett Plan — and a project -driven Renewal Plan that includes: Early 2019 a. Updates to the Multi -family Property Tax Exemption Program Mid 2019 b. Enforced codes and policies to eliminate blight Late 2019 c. A new fund to buy key properties 2020 d. Incentives to attract residents and business headquarters 2020 e. Policies that lead to three historic building renovations Ongoing 3. Partner with Downtown Everett Association Mid 2019 a. Create recommendations to better manage on -street parking, upgrade the EverPark Garage, and if and where a new parking garage should be built 2019 b. Investigate full membership in the Main Street Program 2020 4. Complete planned Hoyt and Rucker Streetscape improvements 2019 5. Support Everett Station Area's effort to form a Business Improvement Area Ongoing 6. Hone efforts to implement economic plan and facilitate communication with and between organizations and businesses by utilizing an Economic Development Advisory Committee and by collaborating with like-minded strategic partners Economic Development Plan 1 deernissee@everettwa.gov 3