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Lynnwood Link Extension Station Area Transit-Oriented Development Potential

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Lynnwood Link Extension Station Area Transit-Oriented Development Potential LYNNWOOD LINK EXTENSION STATION AREA TRANSIT-ORIENTED DEVELOPMENT POTENTIAL 401 South Jackson Street Seattle, WA 98104-2826 April 2013 North Corridor Transit Partners PARAMETRIX + PARSONS BRINCKERHOFF Lynnwood Link Extension Table of Contents Executive Summary ................................................................................................................ S-1 Project Overview .............................................................................................................................. S-1 TOD Potential .................................................................................................................................. S-4 Assessing TOD Potential ................................................................................................................ S-5 Next Steps ...................................................................................................................................... S-12 1 Introduction ...................................................................................................................... 1-1 1.1 Project Background ............................................................................................................... 1-1 1.2 Purpose of Report .................................................................................................................. 1-2 1.3 Organization of Report ......................................................................................................... 1-3 2 Growth Management Context .......................................................................................... 2-1 2.1 State Growth Management Laws ........................................................................................ 2-1 2.2 Regional Growth Management Adopted Plans ................................................................. 2-1 2.2.1 VISION 2040 ........................................................................................................ 2-2 2.3 Sound Transit’s Long-Range Plans ..................................................................................... 2-4 3 City Comprehensive Plan Goals and Policies Supporting Transit-Oriented Development ..................................................................................................................... 3-1 3.1 Introduction ............................................................................................................................ 3-1 3.2 Seattle ....................................................................................................................................... 3-1 3.2.1 City of Seattle Comprehensive Plan—Toward a Sustainable Seattle .................. 3-1 3.3 Shoreline .................................................................................................................................. 3-4 3.3.1 Comprehensive Plan ............................................................................................. 3-4 3.4 Mountlake Terrace ................................................................................................................. 3-6 3.4.1 Comprehensive Plan ............................................................................................. 3-6 3.5 Lynnwood ............................................................................................................................... 3-7 3.5.1 Comprehensive Plan ............................................................................................. 3-7 4 Transit-Oriented Development ........................................................................................ 4-1 4.1 Introduction ............................................................................................................................ 4-1 4.2 Economic Benefits of Transit-oriented Development ..................................................... 4-1 4.3 Transit-oriented Development Vocabulary ....................................................................... 4-2 4.4 Sound Transit Transit-oriented Development Program and Policies ............................ 4-3 Station Area Transit-oriented Development Potential Report i April 2013 Lynnwood Link Extension 4.5 Regional and Corridor Transit-oriented Development .................................................... 4-4 5 Lynnwood Link Extension Transit-Oriented Development Potential ............................ 5-1 5.1 Introduction ............................................................................................................................ 5-1 5.2 Existing Conditions Supporting TOD................................................................................ 5-2 5.3 Transit-supportive Plans and Policies ................................................................................. 5-6 5.4 Station Access ......................................................................................................................... 5-7 5.5 Potential Development Opportunities ............................................................................. 5-10 5.5.1 Preliminary Market Assessments ...................................................................... 5-12 6 NE 130th Street Station TOD Potential ........................................................................... 6-1 Key Findings ..................................................................................................................................... 6-1 6.1 Station Area............................................................................................................................. 6-2 6.2 Existing Conditions Supporting TOD................................................................................ 6-2 6.3 Transit-supportive Plans and Policies ................................................................................. 6-5 6.4 Station Access ......................................................................................................................... 6-8 6.5 Potential Development Opportunities ............................................................................. 6-14 7 NE 145th Street Station TOD Potential ........................................................................... 7-1 Key Findings ..................................................................................................................................... 7-1 7.1 Station Area............................................................................................................................. 7-1 7.2 Existing Conditions Supporting TOD................................................................................ 7-5 7.3 Transit-supportive Plans and Policies ................................................................................. 7-8 7.4 Station Access ....................................................................................................................... 7-10 7.5 Potential Development Opportunities ............................................................................. 7-17 8 NE 155th Street Station TOD Potential ........................................................................... 8-1 Key Findings ..................................................................................................................................... 8-1 8.1 Station Area............................................................................................................................. 8-1 8.2 Existing Conditions Supporting TOD................................................................................ 8-3 8.3 Transit-supportive Plans and Policies ................................................................................. 8-5 8.4 Station Access ......................................................................................................................... 8-6 8.5 Potential Development Opportunities ............................................................................. 8-11 9 NE 185th Street Station TOD Potential ........................................................................... 9-1 Key Findings ..................................................................................................................................... 9-1 9.1 Station Area............................................................................................................................. 9-1 ii Station Area Transit-oriented Development Potential Report April 2013 Lynnwood Link Extension 9.2 Existing Conditions Supporting TOD................................................................................ 9-4 9.3 Transit-supportive Plans and Policies ................................................................................. 9-5 9.4 Station Access ......................................................................................................................... 9-7 9.5 Potential Development Opportunity ................................................................................ 9-13 10 TOD Potential for Stations Serving Mountlake Terrace Transit Center ....................... 10-1 Key Findings ................................................................................................................................... 10-1 10.1 Station Area........................................................................................................................... 10-3 10.2 Existing Conditions Supporting TOD.............................................................................. 10-5 10.3 Transit-supportive
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