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LUTC PKT 07-10-2000July 10, 2000 5:30 pm City of Federal Way City Council Land Use/Transportation Committee City Hall council Chambers 2. 3. 4. MEETING AGENDA CALL TO ORDER Approval of Minutes of the June 26, 2000, Meeting PUBLIC COMMENT (3 minutes) BUSINESS ITEMS A. Market Analysis B. Brief'rog Draft Comprehensive Plan 1999 Amendments Action (chapters 1, 2, 4, 5) No new copies of the draft comprehensive plan will be distributed. FUTURE MEETING AGENDA ITEMS. SWM/CIP West Hylebos Channel Stabilization 6. ADJOURN Clark/45 rain Clark/1 hour Committee Members: Phil Watkins. Chair Jeanne Burbidge Dean McColgan City Staff: Stephen Clifton, Director, Community Development Services Sandy Lyle, Administrative Assistant 253.661.4116 I:~LU-TRANSUuly 10, 2000 LUTC AGN.doc June 26, 2000 5:30 pm City of Federal Way City Council Land Use/Transportation Committee City Council Council Chambers MEETING SUMMARY In attendance: Committee members Phil Watkins, Chair, Jeanne Burbidge and Dean McColgan; Deputy Mayor Linda Kochmar; City Manager David Mosely; Director of Community Development Services Stephen Clifton; Public Works Director Cary Roe; Assistant City Attorney Bob Sterbank; Director of Management Services Iwen Wang; Deputy Director of Public Works Ken Miller; Assistant to the City Manager Derek Matheson; Administrative Assistant Sandy Lyle. 1. CALL TO ORDER Chair Watkins called the meeting to order at 5:33 pm. 2. APPROVAL OF MINUTES The minutes of the June 12, 2000, meeting were approved as presented. 3. PUBLIC COMMENT There was no public comment on any item not included in the agenda. BUSINESS ITEMS A. International District - The International District is the area del'reed between South 312th and 316th Streets on the north and south, by Pacific Highway South on the west and the Educational Service DistrictJTop Foods properties on the east. Discussion of development plans, signage and monuments was moved to a future Pares/Recreation/Human Services/Public Safety (PRHSPS) Committee meeting. City Center/Downtown Gateway Signs - An identifiable Federal Way Downtown has been defined as part of the revitalization of the downtown core and frame. Signs have been designed by Seattle Art Institute students to mark the boundaries at the northwest comer of South 320th Street at I-5, the northeast comer of South 324th Street and SR99, the southeast comer of South 320th Street and 11th Place South and the southwest comer of South 312th Street and SR 99. After reviewing the signage drawings the Committee's consensus was Sign Option A. Co Freeway Signage - Debra Coates, Economic Development Executive, reported on efforts to have improved exit signage to Federal Way placed on I-5. Negotiations between the Department of Public Works and the Washington Department of Transportation are ongoing. Olympic Pipeline Safety Consortium Interlocal Agreement - In response to the recent problems within the Olympic Pipeline Company, a group of cities and counties consisting of Bellevue, Redmond, Renton, Marysville, Thurston County, Tumwater and Bellingham have formed a Safety Consortium. The Cities of Seattle, Kent, Seatac, and Pierce County are reviewing the Interlocal Agreement and considering joining the Consortium. The Committee discussed whether the City of Federal Way would be interested in becoming a member of the Pipeline Safety Consortium and pay $5,000 to share resources with other jurisdictions. The Federal government is the ultimate regulator and until there is more information available from the State of Washington, the Committee agreed to defer the matter to October for further discussion. Endangered Species Act- Staff presented a detailed and informative briefing of the Endangered Species Act (ESA) including background, potential effects of ESA on Federal Way, and legal liability. With no formal action necessary, it was staff's goal to learn what the Committee recommended as "next steps." The Committee was pleased that Federal Way has a head start over many other nearby communities. The unfunded cost of ESA to the City was the Committee's major concern. They were pleased with the work done to date and their advice to staffwas to "move forward" as outlined in the briefing paper as next steps. OTHER At an earlier meeting, Chair Watkins had requested to know the mount of money generated by the Regional Transit Tax in Federal Way. The amount is $12.8 million from sales tax and $2.1 million from Motor Vehicle Excise Tax (MVET) for the period 1997-1999. FUTURE MEETINGS The next meeting will be held in Council Chambers at 5:30 pm on July 10, 2000. ADJOURN The meeting adjourned at 7:35pm. Dernier enregistrement par CFW-User June 19, 2000 Mr. Phil Watkins Chairman LUTC City of Federal Way Federal Way, Wa 98023 Dear Mr. Watkins; I am writing this letter in response to the recommendations of the Planning Commission to deny our application to build a physician's clinic in the comer of Hoyt Road and 340m ,intersection (application # 3). I want to take this opportunity to address the concerns expressed by the residents during the hearing. I would also like the chance to present justifications to the LUTC before the final decision is made. 1) First of all, I am sorry that the hearing last April 19, 2000 was postponed and rescheduled to May 3, 2000 due to lack of quorum. I was present at the scheduled meeting ready to present our request and answer questions, so the residents would understand our proposal. On May 3rtl I was not able to present our case again during the hearing because I was out of the country. Rescheduling my flight was difficult and was not an option.. I am aware that there is an LUTC meeting that is scheduled on July 10, 2000. Unfortunately, I will be out of state for a business meeting. 2) The proposed project has several purposes, which would benefit the city, the neighborhood and the applicants as well. a) the area is not suited for residential as researched by the planning staff of the city of Federal Way (see attached recommendations). Safety issues were cited by the planning stafffor this area. b) the architectural design will enhance the appearance of the neighborhood as shown in the plan. Currently, tall grasses and bushes surround the parcel. As far as privacy is concerned, the planning staff's recommendation to address this issue was followed when the architect drew the plan. Proposed conditions for a development agreement provided to us by the planning staffwere also met. See attached exhibit. c) the proposed clinic will have a positive benefit to the community, as this business will not only cater to the insured population but will also have a Program to help the needs of the poor and the uninsured: will serve the needs of the neighboring residents if they desire to use the services. The convenience of the location is a plus to the community; there is also a need to provide services to the Filipino-American community which is increasing in this city. The cultural and educational aspect of this population will be addressed. The business will help create jobs. 3) Lastly, I am willing to rework the proposed plan, taking into consideration the privacy issues. As a homeowner myself, I am sensitive to this concern. Our architect and myself have worked very closely with the planning staff of the city of Federal Way. Countless hours were spent on this process and expenses were incurred because of our desire to see this project succeed. I am willing to work with them again if given the chance in the future. Thank for your time and consideration. I look forward to hearing from you soon. Sincerely, /Sally~P. Ramqs 1765 57th St. NE Tacoma, Wa 98422 Phone # (253) 841-5840 (day) Phone # (253) 927-4013 (eve) Cc~ Mike Parks, Mayor Linda Kochmar, Deputy Mayor Jean Burbidge Michael Hellickson Dean McColgan Mary Gates David Moseley, City Manager SITE SPECIFIC REQUEST//3 - VELASCO REQUEST IL,, Parcel: Location: Size: Proponent: Owner: Request: 921152-0590. West of the Hoyt Road SW and SW 340th Street intersection (Exhibit C, Page 4 of 5). 32,547 square feet (0.75 acres). Sally Ramos. . -_ Dr. Velasco. Request to change the comprehensive plan designation and zoning from Single Family High Density and RS 9.6 (one unit per 9,600 square feet) to Office Park and Professional Office. Existing Comprehensive Plan: Existing Zoning: Proposed Comprehensive Plan: Proposed Zoning: Single Family High Density. RS 9.6 (one unit per 9,600 square feet). Office Park. Professional Office. Availability of Utilities & Streets: Sanitary Sewer: Public Water: Storm Drainage: ~/~ccess; Improved Streets: Sidewalks: Provided by Lakehaven Utility District. Provided by the City of Tacoma. Existing drainage is via sheet flow off the site, along the side of the roadway, discharging onto adjacent paved streets. Access is from SW 340th Street and Hoyt Road SW. Additional frontage improvements will be necessary along the property frontage on SW 340~ Street and Hoyt Road SW. Graveled to edge of paved road surface. Availability of Public Services: Police: Fire/Emergency Medical: Schools: Provided by City of Federal Way. Provided by Federal Way Fire Department. Not applicable for a business use. Analysis: Background The original request was to change the comprehensive plan designation and zoning of 0.75 acres from Single Family High Density and RS 9.6 (one unit per 9,600 square feet) to Neighborhood Park and BN zoning to allow a physician's office. During the June 7, 1999 meeting, when all requests for comprehensive plan amendments were presented to the Land Use Transportation Committee (LUTC), staff recommended to the LUTC that the request be further analyzed based on a development agreement to be processed concurrently with the comprehensive plan. The LUTC determined that an Office Park Page 6 of 9 land use designation and OP (Office Park) zoning with a developmen~ag~'~a~re~J ~ appropriate based on polices contained within the comprehensive plan. The City Council concurred with the LUTC's recommendation at the July 6, 1999, public hearing, at which time the City Council determined which projects should be considered further. During staff analysis, it appeared that it may be more appropriate to recommend a PO (Professional Office) zoning designation because the PO zone is more restrictive in terms of range of allowable land uses, yet would still allow a physician's office. Staff review was based on a conceptual plan submitted by the applicant for the site (Exhibit C, Page 5 orS). The intent of the conceptual plan is not for site development purposes but to determine whether a physician's clinic can be developed on this site and meet all bulk and dimensional requirements (i.e., required yards and height restrictions) once all required road dedication and on-site detention provisions have been accounted for. Review is also intended to determine whether all required parking; circulation features such as aisle width; adequate area, and location for garbage and recycling; and interior and perimeter landscaping can be provided in support of the building being proposed. If the requested change is granted by the City Council and the owner desires to develop the site, all then existing codes and regulations shall be complied with. At that time, more specific standards such as design guidelines and detailed landscaping, and requirements such as the KCSDWM shall be addressed, as well as compliance with SEPA. Because this is a conceptual plan, future compliance with City requirements may result in reduction of building size. If the request for a change in comprehensive plan designation is granted, any future permits must be in substantial compliance with the conceptual plan. The Director of Community Development Services may administratively approve non-substantive changes. Neighborhood Characteristics The site lies on the northwest comer of Hoyt Road SW and SW 340~h Street intersection on a parcel currently zoned RS 9.6 (Single Family/one unit per 9,600 square feet). Based on language on the face of the underlying plat, Wedgewood West III, access to the existing undeveloped parcel is via a tract (Tract E) that connects it to SW 338th Street, the current cul-de-sac to the northwest of the site. Also, the language on the face of the plat states that if the lot is developed for non-residential purposes, then permission to access onto Hoyt Road must be obtained from the Public Works Department and no access would be permitted via Tract E. The recorded plat of Wedgewood West III also shows a 20-foot water easement on the northwestern portion of the site. Based on a conversation with City of Tacoma staff, there is a six-inch water line located within this easement. If the request for a change to Professional Office (PO) is granted, city code requires Type 1 landscaping 10-feet wide (solid screen) adjacent to the western property line when the property is developed. Type I landscaping consists of a mix of trees and shrubs. City of Tacoma will replace grass, shrubs, and pavement up to two inches in width if the easement is dug up for repair or maintenance of the water line; however, they will not replace trees. Recent development in the vicinity includes Hoyt Road Chevron, a gas station, on the southwestern comer of this intersection. In addition, the City is presently reviewing an application for a retail development on the southeastern comer of this intersection. Page 7 of 9 Environmental Analysis: PAG Sensitive Areas There are no environmentally sensitive areas associated with the site. The site consists of Alderwood soils on minimal slope with slight potential for erosion. Drainage The site is located within the Lower Puget Sound Sub-Basin, in an area identified for enhanced stormwater infiltration. The applicant submitted a conceptual proposal for a 10,150 square foot office with the request. Since more than 5,000 square feet of impervious surfaces would be created, when a land use permit is submitted, surface water runoff and treatment would be required per the KCSWDM, the Hylebos Basin Plan, and the City's adopted SEPA policies. Potential Traffic Impacts Assuming that the request was granted by the City Council, any traffic-related impacts associated with the development of the site as a physician's clinic would be addressed as part of the SEPA process at the time that a land use permit was submitted. Projections for Population and Employment As presently zoned (RS 9.6), there may be a potential for two to three single-family residences. If the requested change is granted, and the site is developed as a 10,150 square foot clinic with 8,758 square feet of office and 1,412 square feet of common area, there is a potential for 35 employees based on the ratio of one employee per 250 square feet of office space. Consistency with Comprehensive Plan Goals and Policies: Goal or Policy Comments LUP 15 Protect residential areas from impacts of adjacent non-residential uses. LUP48 The City shall limit new commercial development to existing commercial areas to protect residential areas. I~~"~r :"~*':':: ...... ~ is a minor I ,---~ - ' ~.~.~?'~'" · .... .~ . ~ .... ~.~u ,~ a pnnc~pm ~enat), ~e s~te / may not be sui~le for sin~l~ add~t,~ *[ ' ~~~ Chewon) on devel~ ~~:;t~Be propo~'[fe approye~.~~8 ~ment a~.~ ;:. ~.,t~'~o s I, 2, 4, ~d 5 below) ~~'~d[~ Compli~ce with LUP15. Page 8 of 9 ~ _ ....... di,.un~~elopment Agreement: 1. A fence, six feet minimum in height, shall be constructed along the west boundary of the property. The minimum height of trees within the 1 O-foot wide Type I landscaping shall be eight-feet tall at planting. Said Type 1 landscaping shall be located along the western bounda~ on the inside of the fence. 3. Both the City of Tacoma and the City of Federal Way shall approve type of trees within the 20-foot City of Tacoma water easement. The City of Tacoma will not replace trees within their easement, if said trees are damaged or killed during work on the underlying water line. Therefore, the property owner shall be solely responsible for replacement of these trees. 5. The building shall be no more than two-stories and 30 feet in height. If the request for a change in comprehensive plan designation is granted, any future proposals shall be in substantial compliance with the conceptual plan (Exhibit C, Sheet 5 of 5). The Director of Community Development Services may administratively approve non-substantive changes. I:\99CMPAMN~Ianning Commission 1999 Site Specific Requests.doc/6/6/00 3:19 PM Page 9 of 9 S 'G~J .LAOH · '~ o'; tll O~N g LB 0 Z z )lJlOYd 'S3AVHZ8~ DR '.LO a-8o~ $ 'O~! .L;LOH E ~'E 0.'- 0 City of Federal Way Market Analysis Prepared for City of Federal Way by ECONorthwest 99 W. Tenth, Suite 400 Eugene, OR 97401 (541) 687-0051 July, 2000 Draft AN EXECUTIVE SUMMARY OF THE CITY OF FEDERAL WAY MARKET ANALYSIS WILL BE PROVIDED PR/OR TO THE JULY 10, 2000 MEETING. ALONG WITH THE SUMARY, A SEPARATE TAZ-LEVEL POPULATION ALLOCATION BASED ON THE PSRC POPULATION FORECAST WILL BE PROVIDED. Table of Contents Page CHAPTER 1 INTRODUCTION ...................................... '. .............................. 1-1 PURPOSE ................................................................................................................. 1-1 METHODS ................................................................................................................. 1-1 ORGANIZATION OF THIS REPORT ............................................................................... 1-7 CHAPTER 2 PRELIMINARY FORECASTS OF GROWTH ................................. 2-1 INTRODUCTION ......................................................................................................... 2-1 PUGET SOUND REGIONAL COUNCIL POPULATION AND EMPLOYMENT FORECASTS ...... 2-1 Regional overview .............................................................................................. 2-4 Federal Way estimates and forecasts ................................................................ 2-6 SUMMARY .............................................................................................................. 2-12 CHAPTER 3 LAND SUPPLY AND DEVELOPMENT CAPACITY ....................... 3-1 INTRODUCTION ......................................................................................................... 3-1 METHODS ................................................................................................................. 3-1 BUILDABLE LANDS ESTIMATES ................................................................................... 3-4 Within the Federal Way City Limits .................................................................... 3-4 Within the TAZ study area ............................................................................... 3-11 DEVELOPMENT (LAND) CAPACITY ESTIMATES .......................................................... 3-1 1 Within the Federal Way City Limits .................................................................. 3-14 FEDERAL WAY TAZ STUDY (AREA OUTSIDE OF CITY LIMITS) .................................... 3-16 EVALUATION OF LAND CAPACITY ESTIMATES ............................................................ 3-17 CHAPTER 4 HISTORICAL DEVELOPMENT PATTERNS ................................. 4-1 INTRODUCTION ......................................................................................................... 4-1 FEDERAL WAY DEVELOPMENT PATTERNS .................................................................. 4-2 Residential .......................................................................................................... 4-2 Non-residential ................................................................................................... 4-6 DRAFT: Federal Way Market Analysis and Growth Allocation July 2000 ECONorthwest Page i CHAPTER 5 DEMAND ANALYSIS AND GROWTH ALLOCATION .................... 5-1 INTRODUCTION ......................................................................................................... 5-1 GROWTH FORECAST (CITY-WIDE) .............................................................................. 5-1 Methods ............................................................................................................. 5-1 Preliminary comparison of PSRC forecast to Federal Way development capacity ........................................................................................................ 5-2 Evaluation of factors influencing development in Federal Way .......................... 5-5 REVISED FORECASTS OF GROWTH IN FEDERAL WAY, 2000-2020 ........................... 5-14 Conversion of population and employment to dwelling units and built space .......................................................................................................... 5-17 EVALUATION OF LAND SUPPLY AND DEMAND BY COMPREHENSIVE PLAN DESIGNATION AND ZONING DISTRICT .................................................................. 5-21 GROWTH ALLOCATION (TAZs) ................................................................................ 5-23 CONCLUSIONS AND SUMMARY ................................................................................. 5-26 Terms and Acronyms ........................................................................................ Page APPENDIX A APPENDIX B APPENDIX C CAPACITY STUDY METHODS ............................................... A-1 REGIONAL DEVELOPMENT TRENDS ..................................... B-1 GROWTH ALLOCATION BY TAZ ........................................... C-'I Page ii ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Chapter 1 IntrodUction PURPOSE The City of Federal Way Market Analysis updates the previous market analysis prepared for the 1995 City of Federal Way Comprehensive Plan. This Market Analysis covers the City limits and the Federal Way Transportation Analysis Zones (TAZs) located outside of the City limits. The purposes of the Market Analysis are to determine how fast and with what type of development different areas of the City will grow. Specifically, it describes: · The kind of growth to be anticipated in the next 20 years (2000 - 2020), broken down in five-year increments. · The areas, by City Transportation Analysis Zone (TAZ) and City zoning district, that will receive this growth by 2020. · Future land and redevelopment space needs. The information in this report will be used: · To meet requirements of the Growth Management Act (GMA); specifically, to determine whether the City of Federal Way presently has a 20-year supply of adequately zoned land to meet the anticipated need. This information will help shape recommendations by City staff on requests for changes to the comprehensive plan designations and zoning, or the expansion of allowable uses in a zoning district. · As a basis for the EMME/2 Travel Demand Model that will be used to help decide the location of future transportation improvements. · To update the Economic Development Chapter of the City's Comprehensive Plan and the City Center Chapter. METHODS The market analysis and growth allocation has both a supply component and a demand component. Supply of land is vacant land available to accommodate development (buildable land),, i.e, land that is not constrained physically (e.g., by wetlands or steep slopes)? and is serviceable. Zoning designations determine what uses are allowed, and at what densities development can occur. Even developed land can contribute to the supply of land if it is judged redevelopable. a Or partially vacant, meaning that a developed tax lot has a large enough vacant remainder to permit additional development. Referred to in the GMA as critical areas. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 1-1 Estimates of the supply of vacant and redevelopable land can be converted to development capacity based on allowable uses and density (e.g., number of housing units, or square footage of office or retail space). Demand for land is typically characterized through analysis of national, regional, and local demographic and economic data. For residential uses, population and households drive demand. For the residential sector, for example, information about the characteristics of households is used to identify types of housing that these households would be likely to occupy. For non-residential uses, an employment forecast is the primary driver of demand for land, and is converted to estimates of the probable absorption rates for commercial and industrial lands. Figure 1-1 shows the relationship between the supply and demand components of a buildable lands analysis. Figure 1-1. Overview of methods: market analysis and growth allocation Demand Supply Forecasts of growth: people & jobs (2000-2020) IConversion of I growth into acres · Regional development pattern · Physical constraints · Planning and infrastructure Demand for development by type, zoning designation, and TAZ J All land in j Federal Way UGA Minus land unavailable for development: · Fully developed lands · Critical areas · Market constraints Buildable land capacity Allocation of development by type, zoning designation, and TAZ Page 1-2 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation We began our analysis by developing population and employment forecasts for Federal Way for the period 2000-2020. Our principal source of information on City population and employment forecasts was the Puget Sound Regional Council (PSRC), 1990 Census data, and building permits. The specific methods used to develop the population and employment forecasts are described in Chapter 2. Forecasts are preIiminaryin the sense that they provide a starting point for a final estimate of population and employment growth that we develop in Chapter 5, where the prehminary estimates are adjusted based on information presented in Chapters 3 and 4, and additional market data. The population and employment forecasts drive the demand side of the analysis. Federal Way provided ECO with several GIS databases that characterize the supply of land and the development capacity of land. The strength of the City database is that it starts with comprehensive assessment data, crosschecks those data against aerial photographs and site inspection, makes explicit its identification of critical (i.e., constrained, or non-buildable) lands, and uses standard procedures for estimating redevelopment potential. ECO used the City land data to create summary tables of the amount of buildable land by type (plan/zone classification), by TAZ, and to determine whether there are likely to be any supply-side constraints on demand for different types of land. Chapter 3 describes land supply. To develop a method for allocating future growth in Federal Way, ECO reviewed development activity over the last 10 years (Chapter 4). The primary data source for this review was building permit data from the City and the PSRC. We used the permit data to create summary tables showing the type and density of development. Specifically, our analysis of building permits shows, by year, the following information: · The mix of residential types: single-family (divided by construction type---conventional site built, manufactured, and mobile homes--and by lot size); duplex/tri]quad, town houses, and apartments; · The mix of commercial types: retail, office, industrial; · Lot size/density, and gross-to-net acre relationships; · Size of unit per type; and · Value or price per size and type of unit. We crosschecked and supplemented this information with secondary real estate information sources including, CB Richard Ellis, Dupre and Scott, and the University of Washington's Center for Community Development and Real Estate, and Multiple Listing Service, as well as discussions with local brokers and developers. The final step (Chapter 5) was to allocate future development to City TAZs and to City zoning districts. The allocation considered the relationships among demographics, employment growth, market trends, development activity, and the supply of buildable land in Federal Way. The city-wide DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 1-3 demand forecasts were combined with assumptions about the relationship between population, employment, development, and land supply based on existing conditions and expected shifts in the future. These assumptions cover a range of topics including: · Household size (persons per dwelling unit) · Tenure and type of new residential development · Employment density (employees per square foot) · Development density (dwelling units per acre, floor area ratios, and net land coverage). We also met with a focus group that included realtors, developers, lenders, and others familiar with the regional real estate market. To account for the complexity of the real estate market, and the relationship between public policy and demand, we developed a spreadsheet to simulate and allocate future development demand by sub-area, type of unit, tenure, and other key variables. The simulation is designed so key variables that affect development demand can easily be changed. To perform the allocation, we created, for each City TAZ and City zoning district in the Market Analysis Study Area, an index of demand by type that can be compared to land supply. The simulations required significant hand allocations of growth at the TAZ level. The complexity of programming every variable that will affect the location and timing of development in the City into a spreadsheet simulator was less efficient than developing a simulator that performs the allocation based on a few variables and then making adjustments. The simulation provides output in the form of estimates of future residential units by type and tenure, square feet of commercial and industrial development by type, and acres of land needed to accommodate this development by City TAZ and City zoning district. A key issue in this analysis is allocation of development to areas inside and outside the Federal Way city limits. Portions of the City TAZ allocation coverage extend outside the city limits (Refer to Map 1-1). This Market Analysis covers the City limits and the Federal Way Transportation Analysis Zones (TAZs) located outside of the City limits. For purposes of this analysis, we refer to all areas within the city limits as the City Limits and TAZ areas outside of the city as the TA~ Study Area (Please refer to Map 1-1 -Mar]~et Analysis Study Area). It must be noted that the City's Urban Growth Area (UGA) is referred to as its Potential Annexation Area (PAA), and the PAA boundaries and the City TAZ boundaries do not coincide exactly (Please refer to Map 1'2- Federal Way Potentia] Annexation Area). Development and land use data provided by the City are more detailed and reliable for areas inside the Federal Way city limits. Thus, our analysis considers these two areas separately. As stated above, for the purpose of this study, we refer to all areas within the Federal Way city limits as the City Limits, and areas outside as the TAZ Study Area. Page 1-4 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Map 1-1 2000 Federal Way Market Study 189 Market Analysis Study Area 13 14 192 193 11 78 197 ~ Tacoma '~ 33rd ST J~E 138 ,cate: 1 to 62040 - 1 Inch equals 5170 Feet 0 1 Mile Legend: N 141 Federal Way TAZ Boundary (Each TAZ is labelled with its ID number) Federat Way City Limits Federal Way TAZ Study Area 180 213 Milton 210 212 216 Map Date: May, 2000. City of Federal Way, 33530 First Way S, FederalWay, WA 98003 (253) 661-4000. This map is intended for use as a graphical representation ONLY The City of Federal Way makes no warranty as to its accuracy. DIVISION lusers/mikes/land/iden~, ami Map 1-2 2000 Federal Way Market Study Federal Way Potential Annexation Area 190 13 14 192 = 78 18 Tacoma Scale: 1 to 62040 1 Inch equals 5170 Feet 0 1 Mile 138 Legend: N 141 City of Federal Way Federal Way Potential Annexation Area (PAA.) Federal Way TAZ Boundary (Each TAZ is labelled with its 1D number) 180 213 Milton 212 216 Map Date: May, 2000. City of Federal Way, 33530 First Way S, Federal Way, WA 98003 (253) 661-4000. This map is intended for use as a graphical representation ONLY The City of Federal Way makes no warranty as to its accuracy. Gl$ DIVISION !userslmikesllandlmstaz.aml ORGANIZATION OF THIS REPORT The rest of this report is organized as follows: · Chapter 2, Preliminary Forecasts of Growth, describes the regional forecast of growth and shows how the regional population and employment forecasts get allocated by PSRC to Federal Way. · Chapter 3, Land Supply, summarizes the supply of vacant buildable land by type in Federal Way as of early 2000. · Chapter 4, Historical Development Patterns, describes development trends in Federal Way over the past 10 years using building permit data and other sources. · Chapter 5, Demand Analysis and Growth Allocation, analyzes factors that affect demand for land and presents the results of ECO's TAZ- level allocation and allocation by City zoning designation of new development between 2000 and 2020. A list of terms and acronyms used in this report follows chapter five. The report also includes three appendices: Appendix A, Capacity Study Methods, describes the methods used by City of Federal Way Staff to develop capacity estimates for the Federal Way city limit. · Appendix B, Regional Growth Trends, describes trends in development in the Puget Sound Region. Appendix C, Growth Allocation by TAZ, presents tables showing population, employment, dwelling units, and built space growth allocated by TAZ. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 1-7 Chapter 2 Preliminary Forecasts of Growth INTRODUCTION The Growth Management Act (GMA) recognizes the need for population forecasts in local planning efforts. But the GMA requires population forecasts to the county level only. The Office of Financial Management (OFM) develops 20-year forecasts for all counties, as well as annual population estimates for counties and cities. No provision is included in the GMA for OFM or any other agency to develop sub-county population or employment forecasts. Local forecasts, however, provide the basis of estimating housing needs, and need for public facilities. At a minimum, population and employment projections for jurisdictional Growth Management Act planning should fulfill two requirements: they should be (1) consistent with regional Growth Management Act plans, and (2) realistic (i.e., they should be based on a reasonable evaluation of the prevailing supply and demand conditions in a given market). To meet the first of these two requirements, we look to current Puget Sound Regional Council (PSRC) regional and county-level projections as a starting point for our Federal Way planning area population and employment forecasts. We use the PSRC regional forecasts as a starting point for developing population and employment forecasts first for Federal Way, and finally for each of the 216 City TAZs, in five-year increments to 2020. In the following section we briefly discuss the methodology behind the PSRC forecasts, detailing both the strengths and limitations associated with their projections. In the rest of this chapter we discuss the first three levels of our analysis, beginning with a discussion of regional and county-level expectations for the future, then detailing our methods and findings for preliminary control totals for the Federal Way Market Analysis Study Area. PUGET SOUND REGIONAL COUNCIL POPULATION AND EMPLOYMENT FORECASTS The Puget Sound Regional Council has developed forecasts of population, households, and employment for the central Puget Sound region for the years 2000, 2010, and 2020. The process of PSRC's 2001 Update of the Metropolitan Transportation Plan includes a refinement of the forecasts. Regional Council staff prepares the forecasts under federal guidelines, with the assistance of local planners to ensure a general consistency with local comprehensive plans that are developed under state guidelines. The local review process serves a critical role in the usefulness of the forecasts. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 2-1 The Regional Council prepares these forecasts to meet its responsibilities as the Metropolitan Planning Organization (MPO) under federal law, and the Regional Transportation Planning Organization (RTPO) under state law for the central Puget Sound region (King, Kitsap, Pierce and Snohomish Counties). PSRC develops small-area forecasts of population, households and employment to meet the requirements of federal legislation and data needs for land use and transportation modeling. These small area forecasts are based on 219 Regional Forecast Analysis Zones (FAZs). The PSRC's most recent forecasts (revised in 1997 using 1996 data) are an interim product and will be updated in 2001 (after the decennial Census). PSRC small-area forecasts (PSRC FAZs) are an allocation of regional totals generated by the PSRC's regional econometric model (STEP97), updated in 1997 by Conway and Associates. PSRC staff initially allocate the regional forecasts to 219 Forecast Analysis Zones (Regional FAZs), utilizing the DRAM/EMPAL gravity model, the Regional Council's travel demand model, and post-modeling adjustments that reflect extensive local review. The Regional FAZ forecasts are then allocated to a finer zone structure, PSRC Transportation Analysis Zones (TAZs) for use in the Council's travel demand models (also subject to local review). The City of Federal Way is covered by three PSRC (FAZs) (Please refer to Map 2-1) and approximately 15 PSRC TAZs. The PSRC publishes the forecasts along with the following caveat, "The Regional Council strongly suggests that when using the forecasts, other sources of similar data, in particular data found in local or county comprehensive plans, should be considered."' The process of applying the PSRC forecasts to local projects should include applying more detailed and current data from city staff and local land use studies. In addition, an adjustment of the overall forecast growth may be useful to reflect new economic trends that had not yet been revealed by the end of 1996 (the last year of input data for STEP97). ~ http://www.psrc.org/datapubs/data/datapage.htm#forecasts Page 2-2 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Map 2-1 2000 Federal Way Market Study PSRC FAZ and TAZ Boundaries 4CC 393 394 Federal 395 391 392 387 Kent 386', 388 401 o ~ 403 398 402 Tacoma Milton Scale: 1 to 62040 1 Inch equals 5170 Feet 0 1 Mile Legend: N Puget Sound Regional Council (PSRC) TAZ Boundary [Each TAZ is labelled with its ID number) ~ FAZ 3010 FAZ 3020 __~ FAZ 3030 ~ FAZ 3045 '-- FAZ 3505 404 Map Date: May, 2000. City of Federal Way, 33530 First Way S, Federal Way, WA 98003 (253) 661-4000. This map is intended for use as a graphical representation ONLY. The City of Federal Way makes no warrant'/as to its accuracy.  GIS DIVISION /users/mikes/land/psrc.aml REGIONAL OVERVIEW According to the Puget Sound Regional Council's forecasts, between 2000 and the year 2020 total population in the central Puget Sound region is expected to grow by roughly 920,000, from 3.4 million in Year 2000 to almost 4.3 million two decades from now. King County is expected to receive roughly 40 percent of this projected increase, or slightly greater than 375,000 people, representing a 21 percent total increase over the 20-year period. (See Figure 2-1.) Coincident with its forecast of population growth, the PSRC also forecasts a general decrease in the typical size of households. In the Puget Sound re,on as a whole, the PSRC estimates that from 2000 to 2020 the average household size will fall from 2.50 to 2.34 persons. For King County, PSRC anticipates an even larger drop, with the average household expected to fall from 2.40 to 2.17 persons. (See Figure 2-2.) Figure 2-1. Historic and projected population, PSRC Region and King County, 1990-2020 5,000,000 4,000,000 REGIONAL KING COUNTY 3,000,000 ~-. 2,000,000 1,000,000 1990 1995 2000 2005 2010 2015 2020 Note: Estimates for 1996 through 1999 are generated by the Washington State Office of Financial Management (OFM). Upon receipt of OFM countywide estimates, PSRC staff disaggregate and report annual estimates of population by jurisdiction and census tract. Year 2000 to 2020 forecasts originate with the PSRC and, unlike the current-year estimates, are not required to be consistent with OFM figures. The relatively large difference between estimated 1999 and projected year 2000 populations are at least partially a result of differences in estimation methodologies. Source: PSRC July 1999 Population and Employment Forecasts and Annual Population Estimates by Census Tract for 1990 through 1999. Page 2-4 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Figure 2-2. Average household size, 1990-2020 2.60 2.50 2.40 2.30 2.20 REGIONAL KiNG COUNTY 2.10 2.00 1990 1999 2000 2010 2020 Persons per Household Source: PSRC July 1999 Population and Employment Forecasts. The PSRC projects that employment in the central Puget Sound region will grow from roughly 1.8 million jobs in 2000 to 2.3 million in 2020. PSRC expects King County to receive 40 percent of the region's total growth in population, but 60 percent of the region's new jobs. In a continuation of the Puget Sound region's widely acknowledged shift towards a service-oriented economy, the PSRC anticipates that employment gains in the Puget Sound region as a whole will be heavily weighted in the Finance, Insurance, Real Estate, and Services (FIRES) sectors. Specifically, the PSRC anticipates that growth in FIRES employment will account for 59 percent of total job growth in the Puget Sound. The PSRC anticipates that King County will be at the forefront of this regional shift, forecasting that over the next 20 years, within King County's boundaries, 68 out of every 100 new jobs created will be in the FIRES sectors. (See Figure 2-3.) Figure 2-3. Regional employment growth, 1990-2020 2020 2010 2OO0 2,261,100 2,075,592 1,799,208 1990 ~ 1,445,243 1,000,000 2,000,000 Total Employment Source:PSRC July1999 Population and EmploymentForecasts. BI Retail ·FIRES [;3 Manu · Gov/Edu r'l WCTU 3,000,000 DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 2-5 FEDERAL WAY ESTIMATES AND FORECASTS In generating our preliminary population and employment forecasts for the Federal Way area, we focused on two geographic levels of analysis: (1) Federal Way City Limits - Yederal Way's existing city boundaries; (2) Market Analysis Study Area - a lar§er area that coincides with l~ederal Way's Transportation Analysis Zones, which, in addition to the City limits, includes a portion of Federal Way's Potential Annexation Area (PAA), a portion of unincorporated King County that is not included in l~ederal Way's PAA, and small portions of the cities of Des Moines, Kent, and Milton. The Study Area boundaries were defined by l~ederal Way staff. The problem for forecasting is that it is desirable for a city transportation model to look beyond its boundaries to a larger region, but that adds the complication of having growth forecasts for areas that the City does not yet have planning responsibility for. Table 2-1 summarizes the different geographic identifiers we use in our discussions. In general, our analysis includes five different levels of geographic detail, shown in Table 2-1 from largest to smallest. Table 2-1. Geography of forecasts Geographic Identifier Description PSRC Forecast Analysis The City of Federal Way comprises roughly 3 PSRC Zone FAZs. Census Tracts The level of geographic detail for which the U.S. Census Bureau provides the greatest level of detailed data. Census tracts are, on average, roughly one third to one half the size of one PSRC FAZ. Regional Transportation The finest level of geographic detail used in Puget Sound Analysis Zones (regional Regional Council population and employment forecasts. TAZs) In some cases a regional TAZ is identical to a census tract, in others two TAZs may make up one census tract. Federal Way Federal Way TAZs are, on average, roughly one-sixth the Transportation Analysis size of regional TAZs and are used for transportation Zones (city TAZs) planning on a finer city level. Census blocks Census blocks are the finest level of geographic detail the United States Census Bureau uses, and in dense urban areas these blocks often correlate to actual city blocks. On average, one census tract may encompass 40 or 50 census blocks. Source: Compiled by ECONorthwest. FORECAST METHODOLOGY AND DATA SOURCES In generating our preliminary control total projections for the Federal Way Market Analysis Study Area, we relied on four primary data sets: (1) PSRC TAZ-level forecasts for 2000, 2010, and 2020; (2) Census 1990 block- Page 2-6 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation level population estimates; (3) PSRC geocoded housing unit permit data from 1991 through 1998 [augmented by data from the 1999 King County Annual Growth Report]; and (4) estimates of covered employment for 1998 as reported to the Department of Employment Security, geocoded by the PSRC. Our estimates of historical and current population are based on PSRC tract-level estimates, which are ultimately constrained by Washington State Office of Financial Management county-level estimates for each given year. By statute, these tract-level allocations are based on OFM county totals. Therefore, the PSRC allocations for all census tracts in a county must sum to the OFM estimate for the county as a whole. In contrast, our estimates of future population are based on PSRC 1999 TAZ-level forecasts: The Federal Way Market Analysis Study Area estimates reflect an aggregation of PSRC TAZ or tract-level estimates. Estimates for census tracts or PSRC TAZs with boundaries that did not correspond with the Market Analysis Study Area boundaries were allocated inside and outside of the study area based on the 1990 distribution of population within those tracts/PSRC TAZs, as reported in 1990 census block-level statistics. As a check on this assumed distribution, we analyzed building permit data to ensure that population distribution within the split tracts/PSRC TAZs had not undergone substantial shifts in the 10 years since the 1990 census. Year 2000, 2010, and 2020 estimated employment in the Federal Way Market Analysis Study area represent PSRC projections as reported in the 1999 PSt{C TAZ-level forecasts, checked against geocoded Department of Employment Security 1998 reported covered employment (augmented by 1995 estimated government/education employment). Forecast non- government employment in PSRC TAZs whose boundaries did not correspond to Federal Way Market Analysis Study Area boundaries was allocated inside and outside the planning area boundaries based on the 1998 distribution of covered employment for each PSRC TAZ. (Forecast government and education employment were each allocated based on their 1995 distribution, which reflect the most up-to-date data available for those sectors.) FORECAST CITY LIMIT POPULATION AND EMPLOYMENT Population Based on our aggregation of PSRC TAZ-level population forecasts, we estimate Year 2000 population in within Federal Way's city limits of 81,150. The PSRC forecasts suggest that, between 2000 and 2010, population will increase at a rate of slightly more than 1,200 people per year, which represents an average growth rate of 1.5% per year. From 2010 to 2020, the PSRC forecasts growth at a rate of slightly more than 1,500 persons per year, representing an average growth of 1.6% per year. Ultimately, our aggregation of the PSRC projections suggests that, by 2010, Federal Way will reach a population of 93,431, and by the year 2020, it will reach 108,547. (See Figure 2-4.). This assumes that no major annexations occur within these time periods. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 2-7 Figure 2-4. Projected population for Federal Way city limits, 2000- 2020 120,000- '110,000~ 100,000, 90,000~ 80,000~ 70,000- --a-- Historic 1 08,547 · _ _PSR~C Projectio~n . .~..~r-A~ 81,150 60,000 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 Note: Estimates for 1996 through 1999 are generated by the Washington State Office of Financial Management (OFM). Upon receipt of OFM countywide estimates, PSRC staff disaggregate and report, annual estimates of population by jurisdiction and census tract. Year 2000 to 2020 forecasts originate with the PSRC and, unlike the current-year estimates, are not required to be consistent with OFM figures. The relatively large difference between estimated 1999 and projected year 2000 populations are a result of differences in estimation methodologies. Source: PSRC July 1999 Population and Employment Forecasts by TAZ and Annual Population Estimates by Census Tract for 1990 through 1999. For details of allocation mechanisms see accompanying text. Employment Our aggregation of PSRC TAZ-level employment forecasts indicate that Year 2000 employment within the Federal Way city limits is slightly more than 29,000 jobs (29,055) employment which is dominated by the retail, i~mances, insurance, real estate, and services sectors. As is true of forecasts for all of King County, the PSRC anticipates that growth in these sectors will also be the primary driver of employment growth in the coming decades. Ultimately, our aggregation of PSRC forecasts suggests that employment in the Federal Way City Limits will increase by roughly 4,800 in the decade between 2000 and 2010, to a level of 33,867 jobs, extending to 37,232 jobs by 2020. Increases in employment in the FIRES sectors is anticipated to represent a full 71 percent of the total 2000 to 2020 growth, with increases in retail making up an additional 14%. (See Figure 2-5 and Table 2-2.) Page 2~8 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Figure 2-5. Projected employment for Federal Way city limits, 1990- 2020 2020 2010 2OOO 1990 ~ 37,232 33,867 29,055 26,955 0 10,000 20,000 30,000 40,000 Total Employment [] RET []FIRES 13 Manu [] WTCU []EDU [] GOV Source: PSRC July 1999 Population and Employment Forecasts and Washington State Department of Employment Security data. Table 2-2. Projected Federal Way city limits employment by sector, 1990-2020 RET FIRES MAN WTCU EDU GOV Total 1990 8,424 11,125 3,862 930 629 1,985 26,955 2000 8,641 11,213 3,962 1,584 2,124 1,531 29,055 2010 9,236 14,650 4,103 1,924 2,308 1,645 33,867 2020 9,787 17,018 4,253 1,956 2,491 1,726 37,232 2000 to 2020 Change 1,146 5,806 291 373 367 195 8,177 Source: PSRC July 1999 Population and Employment Forecasts and Washington State Department of Employment Security data. FORECAST FOR MARKET ANALYSIS STUDY AREA POPULATION AND EMPLOYMENT The following sections present population and employment forecasts for the Market Analysis Study Area, which is the combined city limits and TAZ study area (TAZs outside of the city limits). The discussion concludes with a table, which presents forecasts for all three geographic areas (city limits, TAZ study area, combined city limits and TAZ study area [Market Analysis Study Area]). DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 2-9 Population Based on our aggregation of PSRC TAZ-level population forecasts, our preliminary- estimate of Year 2000 population in the Federal Way Market Analysis Study Area is 109,397. The PSRC forecasts suggest that, between 2000 and 2010, population will increase at a rate of approximately 1,400 people per year, which represents an average gTowth of 1.3% per year. From 2010 to 2020, the PSRC forecasts growth at a rate of slightly more than 1.675 persons per year, representing an average growth 1.4% per year. Ultimately, our aggregation of the PSRC projections suggests that, by 2010. the Federal Way Market Analysis Study Area will support a population of 123,355. and by the year 2020, it will reach 140,126. Figure 2-6. Projected population for Market Analysis Study Area (city limits + TAZs outside city limits), 2000-2020 150,000- 140,00~ 130,000- 120,0001 110,000- 100,000- Historic 140,126 -- PSR__~_C 123,355 109,397 90,000- 80,000 1996 2000 2004 2008 2012 2016 2020 Note: Estimates for 1996 through 1999 are generated by the Washington State Office of Financial Management (OFM). Upon receipt of OFM countywide estimates, PSRC staff disaggregate and report annual estimates of population by jurisdiction and census tract. Year 2000 to 2020 forecasts originate with the PSRC and, untike the current-year estimates, are not required to be consistent with OFM figures. The relatively large difference between estimated 1999 and projected year 2000 populations are a result of differences in estimation methodologies. Source: PSRC July 1999 Population and Employment Forecasts by TAZ and Annual Population Estimates by Census Tract for 1990 through !999. For details of allocation mechanisms see accompanying ~e~. Employment Our aggregation of PSRC TAZ-level employment forecasts indicate that Year 2000 employment in the Federal Way Market .Analysis Study A_rea is 31,346 jobs - employment which is dominated by the retail, finances, insurance, real estate, and services sectors. As is true of forecasts for all of King County, the PSRC anticipates that growth in these sectors will also be the primary driver of employment growth in the coming decades. Ultimately, our aggregation of PSRC forecasts suggest that employment in the Federal Way Market Analysis Study Area will increase by roughly 5,000 in the Page 2-10 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation decade between 2000 and 2010, to a level of 36,333 jobs, extending to 40,071 jobs by 2020. Increases in employment in the FIRES sectors is anticipated to represent a full 70 percent of the total 2000 to 2020 growth, with increases in retail making up an additional 15 percent. (See Figure 2-7 and Table 2-3. ~ Figure 2-7. Projected employment for Market Analysis Study Area (city limits + TAZs outside city limits), 2000-2020 2O2O 40,071 2010 2000 [] RET 36,333 []FIRES [] MAN [] WTCU []EDU 31,346 [] GOV 0 10,000 20,000 30,000 40,000 50,000 Total Source: PSRC July 1999 Population and Employment Forecasts and Washington State Department ot Employment Security data. Table 2-3. Projected employment by sector Market Analysis Study area (city limits + TAZs outside city limits), 2000-2020 RET FIRES MAN WTCU EDU GOV Total 2000 9,323 11,771 3,905 1,663 3,147 1,537 31,346 20t 0 9,997 15,327 4,044 2,023 3,291 1,651 36,333 2020 10,636 17,883 4,196 2,053 3,571 1,732 40,071 2000 to 2020 Change 1,313 6,112 291 390 424 195 8,725 Source: PSRC July 1999 Population and Employment Forecasts and Washington State Depa~ment of Employment Security data. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 2-11 SUMMARY Table 2-4 summarizes population and employment forecasts for the Federal Way city limits, the TAZ study area, and the Market Analysis Study Area (combined city limits and TAZ study area). The results show that the PSRC forecasts anticipate a slower rate of growth outside the city limits than inside. The PSRC forecasts allocate more than 27,000 new persons (108,547 minus 81,150) and 8,000 new employees (37,232 minus 29,055) to areas within the Federal Way city limits between 2000 and 2020. By contrast, the PSRC allocates 3,332 persons and 548 employees to the TAZ Study Area between 2000 and 2020. Table 2-4. Summary of population and employment forecasts for Federal Way city limit, TAZ study area, and Market Analysis Study Area, 2000-2020 Population Employment Year City limits TAZ Market City limits TAZ Market study Analysis study Analysis area study area area Study area 2000 81,150 28,247 109,397 2010 93,431 29,924 123,355 2020 108,547 31,579 140,126 Change 2000- 27,397 3,332 30,729 2020 Percent Change 34% 12% 28% 2000-2020 AAGR 2000- 1.47% 0.56% 1.25% 2020 29,055 2,291 31,346 33,867 2,466 36,333 37,232 2,839 40,071 8,177 548 8,725 28% 24% 28% 1.25% 1.08% 1.24% Source: PSRC July 1999 Population and Employment Forecasts b' TAZ and Annual Population Estimates by Census Tract for 1990 through 1999. For details of allocation mechanisms see accompanying text. The PSRC forecasts are a regional allocation of population and employment growth in the Puget Sound area. The methods applied to develop the PSRC allocations, however, suggest that consideration of local factors may suggest local modifications to the growth forecasts. Chapter 3 describes land supply and Chapter 4 describes recent development trends in the City of Federal Way and the TAZ study area. In Chapter 5, we consider regional market trends, along with the local data presented in chapters 3 and 4 to evaluate the PSRC allocations of population and employment for the Federal Way city limits and the TAZ study area. Page 2-12 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Chapter 3 Land Supply and Development Capacity INTRODUCTION Amendments to the Growth Management Act (GMA) in 1997 require certain cities, including Federal Way, to collect data on buildable lands and analyze how planning goals are being achieved. The amendments, often referred to as the Buildable Lands Program, require local governments to monitor the intensity and density of development to determine whether a county and the cities within its boundaries are achieving urban densities to meet state growth projections. If development does not occur at planned levels, jurisdictions must consider measures other than expanding urban growth areas (UGAs) to accommodate development. This chapter presents the results of inventory of the supply of vacant, buildable land within Federal Way~ and our estimates of development capacity on those lands. Comparing the buildable land and capacity analysis to the demand analysis allows us to determine whether there are supply-side constraints on demand for different types of land. METHODS Federal Way provided ECO with several GIS databases that characterize the supply of land and the development capacity of land. ECO used the City land data (a summary of the methods used by Federal Way in their capacity analysis is presented in Appendix A) to create summary tables of the amount of buildable land by zoning designation and by City TAZ (detailed tables on land supply are presented in Appendix B). The definitions used to classify land are critical in any land supply analysis. It is important to use clear definitions that allow classification of land into mutually exclusive categories. Following are definitions used for the purposes of this study. Definitions applied by the City in their buildable lands inventory are consistent with state codified definitions as presented in the CTED BuHdable Lands Program Guidelines.2 Lands SuJtable for Development: Vacant, partially-used, under' utilized, and redevelopable land that is (a) designated for commercial, industrial, or residential use; (b) not intended for public use; (c) not ~ Focusing on its city limits, but also looking at it Potential Annexation Area, which has the same boundaries as its Urban Growth Area. ~ Buildable Lands Program Guidelines, Washington Department of Community, Trade, and Economic Development, 1998. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-1 constrained by critical areas in a way that limits development potential and makes new construction unfeasible. Vacant Land: Land that has no structures. For the purposes of the City's analysis, parcels with improvement values of $0 were classified vacant. Rede~'eIopable Land: Parcels that are not constrained physically and has services available, including the following categories: · Partial]y-UsedLand: Parcels with development (improvements) that contain enough land to be further subdivided without need of rezoning and where there is a large enough vacant remainder to permit additional development). For instance, a single house on a 1-acre parcel where urban densities are allowed is partially developed. · Under-UtiEzed Land: Parcels of land zoned for more intensive use than that which currently occupies the property. For instance, a single-family home on multifamily-zoned land will generally be considered under-utilized. This definition also includes land on which development has already occurred but on which, due to present or expected market forces, there exists the strong likelihood that existing development will be converted to more intensive uses during the planning period. The definitions for redevelopable land applied by the City in their capacity analysis are: · Parcels zoned for residential use that are 2.5 times or larger than the minimum lot size in the district Parcels zoned for commercial use with an improvement-to-land value ratio of 0.5 or less. Note that (1) reasonable differences in the ratio or measurements would yield different estimates of redevelopable land, and (2) classifying a parcel as potentially redevelopable means that it has a higher probability of redeveloping than other parcels, but does not mean that all parcels so classified will redevelop during the planning period, or that other parcels will not redevelop. Critical Areas (Constrained Land): Land subtracted from Total Vacant Land to get Buildable Land (which is further divided into totally vacant and partially used based on parcel boundaries and existing development on parcels). There are several categories of constraints: · Wetlands · Floodplain · Streams · Geologically Hazardous Areas - Erosion Hazard Areas, Landslide hazard areas, Seismic Hazard Areas, Steep Slope Hazard areas Page 3-2 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation · Lakes · Fish and Wildlife Habitat Conservation Areas · Aquifer Recharge Areas · Wellheads The GMA defines critical areas to "include the following areas and ecosystems: (a) Wetlands; (b) areas with a critical recharging effect on aquifers used for potable water; (c) fish and wildlife habitat conservation areas; (d) frequently flooded areas; and (e) geologically hazardous areas" (RCW 36.70A. 170). Moreover, the GMA requires communities to classify critical areas and to regulate development in these areas (RCW 36.70A.050; RCW 36.70A. 060). The City of Federal Way has mapped wetlands and streams, therefore, for purposes of this study; critical areas were taken out at the parcel level. Gross Vacant Acre: A Gross Vacant Acre is an acre of vacant land before land has been dedicated for public right'of-way, private streets, or public utility easements. For example, a standard assumption is that about 20% of land in a subdivision is used for streets and utilities: if so, then a gross vacant acre will yield only about 35,000 sq. ft. (80% of a full acre of 43,560 sq. ft.) for lots. Net Vacant Acre:An acre of vacant land after land has been dedicated for public right-of-way, private streets, or utility easements. If a development had 10 single-family lots, each at 4,356 square feet, then it would have a density of 10 units per net acre. But because streets are needed to get to all those lots, those 10 lots would cover more than an acre. With respect to an evaluation of land capacity, the distinction between gross acres and net acres is important because some vacant land is in large tracts and some is in unbuilt, platted lots. The tract land is in gross acres; part of it must still be used for roads. The platted land is in net acres: roads have already been provided. Thus, at any given residential density a net vacant acre always accommodates more housing units than gross vacant acres because all the land is going to lots. The Federal Way database also tracks pending development as indicated by approved building permits. This information on the development "pipeline" is important from both a land supply and land demand perspective. For the purpose of its buildable land inventory, Federal Way deducts pending development from the buildable land inventory. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-3 BUILDABLE LAND ESTIMATES The City's database classified all tax lots into one of 11 categories (Please refer to Table 3-1). For the purpose of the buildable land inventory, tax lots are classified as vacant or as redevelopable. The inventory is presented for two geographic areas: tax lots within the city limits, and tax lots in TAZs outside the Federal Way city limits (referred to as the "TAZ study area"). WITHIN THE FEDERAL WAY CITY LIMITS Table 3-1 shows land in tax lots by classification. In February 2000, the City had approximately 19,983 tax lots on 10,997 acres. The majority of land (16,917 parcels/tax lots) inside the city limits (85%) was classified as developed. About 1,379 acres were classified as vacant buildable, while approximately 1,097 acres were classified as buildable redevelopable. Table 3-1. Land in tax lots by classification, Federal Way city limits, February 2000 Classification Number of Total Developed Critical Buildable Parcels Acres Acres~ Areas IRedev. cms Parcels included in land supply analysis: Vacant Parcels 1,326 1,803 424 428 1,379 Under-developed/Redevelopable Parcels 1,123 1,339 1,097 242 1,097 Sub-total 2,449 3,142 1,621 670 2,476 Parcel excluded from land supply analysis: Fully Developed Parcel 16,917 6,159 Associated with Fully developed parcel2 53 28 Fully Developed, Part of Larger Parcel3 3 100 Open Space4 112 169 Park 67 865 Pending Project 25 117 Public Lands 37 147 Special Cases 9 89 Tract7 311 181 Sub-total 17,534 7,855 Total 19,983 10,997 Source: City of Federal Way Capacity Database, analysis by ECONorthwest, 2000. Included roads, sidewalks and paved areas as well as built space. Parking lot or other use closely associated with another developed parcel Single parcel divided by ROW. Shows up as 2 records in the database, specially coded to prevent over-counting Publicly owned open space Non-open space land owned by government agency (city, county, state, school district, fire district, utility district) Parcels, such as BPA corridor, cemetary which are technically vacant or redevelopable, but in fact are extremely unlikely to develop. Private open space areas associated with subdivisions. Page 3-4 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Map 3-1 shows vacant land by plan designation. Table 3-2 summarizes land classified as vacant by plan designation. The data show that Federal has a relatively small amount of buildable vacant land compared to the city's total land area: about 552 acres designated for commercial/office uses, and 823 acres for residential use. Table 3-2. Vacant land by plan designation, Federal Way city limits, February 2000 Cons- Number of Vacant trained Buildable Plan Designation Tax Lots Acres Acres Acres Commercial/Office Business Park 59 203 71 132 Central City Core 9 9 0 8 Central City Frame 7 8 0 8 Commercial-Business 90 112 10 102 Commercial-Retail 2 9 4 5 Corporate Park 20 120 27 94 Neighborhood Commercial 36 29 2 27 Office Park 75 209 35 175 Subtotal Commercial 298 699 149 552 Residential Rural Residential 13 53 22 31 Suburban Residential 334 379 149 232 Urban Residential 619 569 83 486 Multiple Family Residential 57 98 24 74 Subtotal Residential 1,023 1,099 278 823 Total 1,325 1,802 427 1,379 No Designation Available 4 4 0 4 Source: City of Federal Way, analysis by ECONorthwest. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-5 Map 3-1 2000 Federal Way Market Study Vacant Land .by Comprehensive Plan Designation 192 Tacoma 138 141 Scale: 1 to 62040 1 Inch equals 5170 Feet 0 1 Mile Legend: ~ City Center Core ~ CityCenter Frame ~ Corporate Park _._J Office Park ~ Professional Office ~ Commercial/Recreation ~ Business Park 180 213 ~llilton ! Neighborhood Business Community Business Parks and Open Space Multi-Family Single Family-High Densit7 Single Family-Medium Oensit~ Single Family-Low Density 212 216 Map Date: May, 2000. City of Federal Way, 33530 First Way S, Federal Way, WA 98003 (253) 661-4000. This mac is intended for use as a rachical representation ONLY. The ity of Federal Way m~kes no warranty as to its accuracy. GIS DIVISION luserslmikes/landltazavac.aml Table 3-3 shows land classified as vacant by city zoning district. According to City staff, comprehensive plan designations and zoning districts are consistent with each other. Table 3-3. Vacant land by zoning district, Federal Way city limits, February 2000 Cons- Number of Vacant trained Buildable Zoning District Abbrev. Tax Lots Acres Acres Acres No Zoning Available 3 2 0 2 Commercial/Office Business-Commercial BC 90 112 10 102 Neighborhood Business BN 36 29 2 27 Business Park BP 59 203 71 132 City Center Core CC 9 9 0 8 City Center Frame CF 6 7 0 7 Corporate Park CP-1 20 120 27 94 Office Park OP 42 106 27 80 Office Park 1 OP-1 21 89 7 82 Office Park 3 OP-3 1 6 0 6 Office Park 4 OP-4 2 9 4 5 Professional Office PO 12 12 1 11 CommlOffice Subtotal 298 702 149 555 Residential Single-Family Single-Family 15 RS15.0 291 258 75 184 Single-Family 35 RS35.0 46 122 74 49 Single-Family 5 RS5.0 6 40 17 23 Single-Family 7.2 RS7.2 354 289 31 259 Single-Family 9.6 RS9.6 258 239 35 204 Suburban Estate SE 14 53 22 31 Subtotal Single-Family 969 1,002 254 750 Multiple Family Multiple Family 1800 RM1800 15 9 1 8 Multiple Family 2400 RM2400 6 18 7 11 Multiple Family 3600 RM3600 35 69 16 54 Subtotal Multiple Family 56 97 24 72 Res Subtotal 1,025 1,099 278 822 TOTAL 1,326 '1,803 428 '1,379 Source: City of Federal Way, analysis by ECONorthwest. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-7 Redevelopment potential, as defined by the City, deals primarily with parcels with developed structures that are judged as likely to be demolished and new buildings constructed in their place.3 The City considers any parcel with an improvement to land value ratio of 0.5 or less (the improvement value is no more half of the value of the land). There is no consensus in either planning practice or real estate development about a simple measure that defines redevelopment: ratios of improvement value to land value used for the purpose are usually between 0.5 and 1.5. But not all, or even a majority of parcels that meet this criterion for redevelopment potentia]will actually redevelop during the planning period. The issue of how much of the potentially redevelopable land will be assumed to redevelop over the planning period is discussed in Chapter 5. Federal Way classifies partially-used (see page 3-2) lands as residential lands that can be divided 2.5 times or more.4 For example, a 12,500 square foot lot in an RS-5000 zone (5000 square foot minimum lot size) would be considered partially-used because its size is 2.5 greater than the minimum lot size for the zone. Consistent with the definitions CTED uses in the Buildable Lands Program Guidelines, Federal Way includes partially used, land as a subset of redevelopable land. The City considers lands with improvement'to' land value ratios of 0.5 or less (improvements are 50% or less of land value) as redevelopable. Map 3-2 shows redevelopable land as classified by the City's definitions. Table 3-4 presents land classified as redevelopable in the City's capacity database. The City classified 1,123 lots on 1,097 acres as redevelopable. 3 An alternative approach to estimating redevelopment potential is to analyze the relationship of parcels to other surrounding parcels. For example, some jurisdictions define redevelopment potential as parcels that have improvement values significantly lower than surrounding parcels in similar designations. This approach, however, requires a property'by-property analysis using advanced GIS tools; it is not used in this study. Yet another approach to estimating redevelopment potential is to analyze land value as a function of parcel size. In general, one would expect larger parcels with lower improvement values to have higher redevelopment potential. Large parcels with low to medium improvement values may be under-developed. 4 As for the ratio of improvement to land value that defines redevelopment, this measure is reasonable. Other cut'off points could also be justified, but there is no overwhelming technical or political reason for choosing 2.5 instead of, say, 2.25 or 3.75. But 2.0 is the lowest factor justified (otherwise the lot could not be legally divided, and 3.0 seems to require too much land before a remainder is classified as buildable: 2.0 to 2.5 seems about right. Page 3-8 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Map 3-2 2000 Federal Way Market Study Redevelopable Land by Comprehensive Plan Designation 192 193 180 Scale: 1 to 62040 1 Inch equals 5170 Feet 0 1 Mile Legend: City Center Core CityCenter Frame Corporate Park Office Park Professional Office Commercial/Recreation Business Park 213 Neighborhood Business Community Business Parks and Open Space Muiti-Family Single Family-High Density Single Family-Medium Density Single Family-Low Density 212 216 Map Date: May, 2000. City of Federal Way, 33530 First Way S, Federal Way, WA 98003 (253) 661-4000. This map is intended for use as a graphical representation ONLY. The City of Federal Way makes no warranty as to its accuracy. DIVISION luserslmikesllandltazared.aml FEDERAL WAY TAZ STUDY AREA The focus of this market analysis is in the Federal Way city limits. The TAZ-level allocation of development, however, is necessary for transportation planning and includes areas outside the city limit (the TAZ study area). Data available for areas outside the Federal Way city limits are less detailed than for areas inside the city limits. As a result, our analysis of areas outside the city limit is more general. Table 3-7 shows land in tax lots by classification. In February 2000, the TAZ study area outside the city limits had 9,506 tax lots on about 5,304 acres. The majority of land inside the TAZ study area (55%) was classified as developed. About 2,909 acres were classified as developed, while 1,800 acres were classified as vacant buildable. Table 3-7. Land in tax lots by classification, inside TAZ study area but outside city limits, February 2000 Number of Total Develop. Critical Buildable Classification Parcels Acres Acres' Acres2 Acres All land in city limits 19,983 10,997 9,376 1,626 2,477 Land in TAZ study area (outside city limits) Fully developed 7,322 3,072 2,697 375 0 Park 3 5 3 2 0 Public Land, Not in study 19 68 46 22 0 U nder-developed/Redev 332 503 152 68 437 Tract 76 0 12 12 0 Vacant 1,754 1,655 0 293 1,363 Total TAZ study area 9,506 5,304 2,909 772 1,800 Source: City of Federal Way Capacity Database, analysis by ECONorthwest, 2000. ~ Includes roads, sidewalks, and paved areas as well as built space. 2 Some overlap exists between critical acres and developed acres. Thus, Developed+Critical+Buildable does not sum to Total Acres. DEVELOPMENT (LAND) CAPACITY ESTIMATES' In February 2000, the City of Federal Way revised its land capacity analysis for areas within the city hmit. The capacity method used by the City in this analysis was used by all cities in King County. Land capacity is an estimate of the amount of development that land can accommodate given land uses. 5 Land capacity and development capacity get used interchangeably to talk about the same question: how much development (measured, for example, as housing units or square footage) can vacant and under-utilized land support? What capacity does the Iandhave to support deveIopment? DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-11 Several approaches are available to estimate capacity. A starting point is generally an estimation based on the maximum intensity a site could be developed at give~ policy corstrairts (e.g., plan designation, zoning, minimum service requirements, and so on). For example, ff a one-acre site has zoning regulations that allow 100% lot coverage and up to three floors, the theoretical maximum capacity on that site would be 130,680 square feet of built space (43,560 sq. ft./acre x 3 floors). Planners commonly describe capacity or intensity of development in terms of floor area ratios (FAR). FAR is simply the amount of built space on a site divided by the area of the site. The example above equates to a (FAR) of 3.0 (130,680/43,560=3.0). It is typical for capacity analyses to make deductions from the maximum capacity allowed by pubhc policy for public uses, right-of-way, and other land uses that reduce the buildable area of a lot. This approach recognizes real- world factors that affect the amount of buildable area on any given tax lot. Taking deductions for specific factors is one variation on estimating theoretical capacity. FARs based on zoning then allow estimations of the maximum amount of built space that could be built. Development, however, frequently occurs at densities that are less than the maximum allowed under existing zoning. Using adjusted FARs based on recent development, one can develop market-based estimates of capacity. The method used by Federal Way is a combination of a maximum, policy-based capacity approach and a market-based approach. The City's methods to estimate residential capacity differentiated between lands zoned for residential use and lands zoned for mixed-use. The City essentially has two categories of zoning and plan designations: zones that allow only residential uses, and zones that are primarily intended for commercial uses, but also allow residential uses outright. Determining capacity in mixed-use zones require assumptions about the mixture of residential and non-residential uses. For all uses, the City applies the following deduction factors: · RigI~t-of-wayfactormakes deductions for local streets to service the development. · PubIicpurpose £actor makes deductions for tracts to be used for drainage, open space, utility easements, substations, etc. · Market factor makes deductions for land that will be unavailable for development for various reasons (most of them related to a landowner unwilling to sell at prevailing prices) during the planning period. To estimate capacity on lands zoned for residential use, the City classified residential land into four categories: vacant, redevelopable, parcels not subdividable, and recently platted lots (vacant with no deductions). This approach recognizes that vacant tract land requires deductions to estimate Page 3-12 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation capacity as opposed to a vacant lot in a subdivision, where all deductions have occurred by virtue of it being platted. To estimate capacity on mixed-use lands, the City applies four additional factors: · Builcb'ngfootprint factor accounts for the amount of the lot that will be covered by a building. · AIlowable height (in 17oors) accounts for the maximum height allowed under the zoning district. · Percentage of built space in residentia! accounts for the amount of buildable capacity that will be allocated for residential uses. · Average s/ze ofres/dent/a! un/ts converts floor area capacity to multiple family units. The city's method is as follows: Lot net square feet $ ROW factor $ Pubhc purpose factor $ Market factor 5 Building footprint factor = Subtotal of buildable square feet 5Number of floors = Total buildable square feet The method then breaks out land by use (residential and non-residential) and applies a residential area factor (expressed in square feet per dwelling unit) to arrive at the total residential capacity and an employee per acre factor to arrive at the total employment capacity. The overall logic of this approach is sound and consistent with standard practice and state requirements. The assumptions used, however, are not based on observation of market trends. The City's discussion of methods and results of those analyses are presented in Appendix A. The following sections describe the results of that analysis, and makes comparisons with the land supply data described in the previous sections as a cross-reference. Like the land inventory, the capacity analysis is presented first for areas within the city limits, and then TAZ study area (outside the city limits). DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-13 WITHIN THE FEDERAL WAY CITY LIMITS RESIDENTIAL LAND Table 3-8 shows estimated residential land capacity for areas within the city limits. The City estimates that capacity for about 4,839 new dwelling units exists on land zoned for residential uses. The City has about 823 vacant, residential buildable acres (Tables 3-2 and 3-3) available within the city limits, and another 827 acres classified as redevelopable (Table 3-4). If we consider just the vacant acres, dividing development capacity by vacant acres (4,839/823) yields a derived net residential density of 5.8 dwelling units per net residential acre. If redevelopable acres are added in, the overall density decreases depending on the density increases assumed to occur on redeveloped land. The City estimates additional capacity for 7,329 dwelling units on non- residential lands. All capacity on non-residential lands is assumed to be for multiple family dwellings. Estimated residential capacity in non-residential zones is a substantial portion of the City's total estimated residential capacity. The methods applied by the City to estimate residential capacity in mixed- use zones are based on a theoretical floor area, and assumptions about the percentage of non-residential land that will develop in residential uses. Table 3-8. Estimated residential capacity, Federal Way city limit, February 2000 Zoning Number of Dwelling Units RM 1800 247 RM2400 213 RM3600 535 RS15.0 825 RS35.0 80 RS5.0 188 RS7.2 1,878 RS9.6 870 SE 4 Residential Zones 4,839 Mixed Use Zones 7,329 TOTAL 12,t 69 Source: City of Federal Way Land Capacity Analysis, February 2000. Page 3-14 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation The assumptions about residential development in mixed-use zones are critical because the mixed-use zones (non-residential) zones are anticipated to accommodate a large percentage of the City's future residential population. We address this issue in Chapter 5. As a very rough estimate, at an average of 2.8 persons per household for single-family dwelling units and 2.15 persons per household for multiple-family dwelling units, based on the City's capacity estimates for residentially-zoned land (4,839 new units), that land can accommodate about 12,900 people. Those 4,839 units would be about 79% single-family and 21% multiple-family (based on the underlying zoning). Based on the City's capacity estimate for mixed-use zones (7,329 units) and assuming it is all developed over a 20-year period with all multiple-family units, then the total dwelling unit growth in the City limits would be about 12,168 units (68% multiple-family units) and would accommodate about 25,365 additional people (at 2. lpersons per household). This compares to PSRC's forecasted 20-year growth of 27,397. Chapter 5 evaluates some of these assumptions in more detail. COMMERCIAL/INDUSTRIAL LAND Table 3-9 shows capacity for lands zoned for commercial and office uses. The method the City applied to determine capacity begins with total area (within tax lots) less critical areas, then a right-of-way factor is applied to deduct for internal streets and other right-of-ways. The method also applies deductions for public purposes and the market. The area left is then multiplied by a lot coverage factor, which provides an estimate of the area of the lot that can be covered by a building. The final step in the analysis is to multiply the building coverage by the number of floors allowed. This provides an estimate of theoretical floor area on any given tax lot and represents close to an upper bound on the amount of development that is allowable on lands zoned for commercial and office uses. The method then allocates a percentage of capacity to residential uses in those zones that allow residential uses. All residential capacity is assumed to be for multiple family units. Using these methods, the City's analysis estimates capacity for about 23.4 million square feet of floor area in commercial and office zones. Applying assumptions about the split between residential and commercial uses yields the estimate of 7,329 residential units and about 18 million square feet of commercial and office floor area. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-15 Table 3-9: Estimated dwelling-unit and commercial capacity of land designated for employment, Federal Way city limits, February 2000 # of M.F. Buildable Building total % resi- Residential Size of units dwelling sq. ft. left for Zoning sq. ft. dential sq. ft. sq. Ft. units commercial BC 4,662,258 0.33 1,538,545 1,000 1,539 3,123,713 BN 938,512 0.33 309,709 1,000 310 628,803 BP 4,386,306 0.10 438,631 500 877 3,947,675 CC 4,236,465 0.50 2,118,233 700 3,026 2,118,233 CF 1,225,173 0.50 612,587 700 875 612,587 CP-1 640,756 0.00 0 Na 0 640,756 OP 3,509,995 0.10 350,999 500 702 3,158,995 OP-1 3,156,967 0.00 0 Na 0 3,156,967 OP-2 0 0.00 0 Na 0 0 OP-3 212,890 0.00 0 Na 0 212,890 OP-4 126,933 0.00 0 Na 0 126,933 PO 317,597 0.00 0 Na 0 317,597 TOTAL: 23,413,850 7,329 18,045,147 Source: City of Federal Way Capacity Analysis, February 2000. FEDERAL WAY TAZ STUDY (AREA OUTSIDE OF C~TY LIMITS) The boundaries of the Federal Way PAAs do not match those of the TAZ study area. The PAA database contains data on 7,116 tax lots; the TAZ study area contains data on about 9.500 tax lots. An analysis of the two databases indicates that nearly all tax lots in PAAs area also in the TAZ study area, but the TAZ study area includes 2,884 tax lots not identified in PAAs. No reliable capacity estimates exist for the TAZ study area. To assess whether enough capacity existed to accommodate the PSRC population forecast, ECO developed a rough capacity estimate based on zoning and assessment data.6 ECO estimates capacity for about 4,569 dwelling units as of February 2000 within the TAZ Study Area. About 80% of the dwelling unit capacity in the TAZ study area is for single-family units. Developing capacity estimates for the TAZ study area was not a part of ECO's work program. Page 3-16 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 3-10. Estimated residential capacity in the Federal Way TAZ study area, February 2000 Vacant Redevelop Total -able Single-family 2,801 840 3,641 Multiple family 650 279 928 Subtotal 3,451 1,119 4,569 Source: Estimates by ECONorthwest, 2000 ECO did not develop any capacity estimates for non-residential uses for the Potential Annexation Area or the TAZ study area. Non-residential capacity outside the city limits are relatively limited by zoning that does not allow commercial uses. EVALUATION OF LAND CAPACITY ESTIMATES The methodology used by the City to estimate capacity is based on a methodology used by all of the cities within King County and is not based on historical market trends. The estimates are probably closer to a representation of theoretical capacity than what the market will produce. ECO's review of the City's estimates of capacity on residential land indicates the methods apphed and deduction assumptions are reasonable, however, it may underestimate residential capacity because it makes conservative assumptions about densities and lot divisions. As a result, ECO has made some adjustments to the City's capacity, and these assumptions and conclusions are discussed in Chapter 5. The City's method for mixed-use zones begins with an estimate of unconstrained land in tax lots by zone (this includes both vacant land and lands with improvement to land value ratios of 0.5 or less). The City's method then apphes the following deduction factors to get to a revised buildable area estimate: · Right-o£-way£actormakes deductions for local streets to service the development. The ROW factor is assumed at 0.95 for all zones except the CC and CF zones, which assume 0.85. · PubIicpurpose factor makes deductions for tracts to be used for drainage, open space, utility easements, substations, etc. The public purpose factor is assumed at 0.98 for all zones except for the CC and CF zones, which are assumed at 1.0. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-17 Market £actor makes deductions for land that will be unavailable for development for various reasons during the planning period. For vacant land, the market factor is assumed at 0.90 except in the OP-1 zone, which is assumed at 0.10. The market factor for redevelopment is 0.83. The right-of-way (ROW) and public purpose factors generally account for roads, easements, and other access and public uses. The deduction of between 7% and 15% for commercial land was agreed upon by King County as being reasonable for cities to use. The market factor is more difficult to assess; ECO is not aware of any empirical studies on how much land may be kept off the market over a 20-year period. However again, a range of deductions to be used was agreed upon by King County, and local jurisdictions could choose percentages for various zones based on the local market. For vacant land, Federal Way chose a 10% discount for the majority of non-residential zones. The 90% discount in the OP' 1 zone is based on limited ownership (Weyerhaeuser Corporation). The unconstrained lot area, multiplied by the ROW, public purpose, and market factors, provides a revised estimate of land available for development. This figure is then multiplied by a building footprint factor and the number of allowable floors in each zone to estimate capacity of floor area. Table 3-11 shows a comparison of City FAR assumptions and observed FARs for different time periods in the Federal Way city limits. The results indicate that the implied FARs assumed by the City are substantially higher than FARs observed over any time period in Federal Way. The reason for the higher FARs chosen by the City is due to a code amendment adopted in 1996, which allows commercial buildings in the City Center to a height of 95 to 145 feet depending on use and provision of public amenities, such as public open space. In addition, the City may consider a code amendment, which would allow these increased height limits outright. Furthermore, FARs observed in the recent past, are not necessarily indicative of what FARs might be achieved in the future. It is, reasonable to assume that FARs will increase in the 20-year planning period due to urbanization, supply constraints, investment in infrastructure by the City, and potentially, public policy. Page 3-18 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 3-11. Comparison of City FAR assumptions and observed FARs Zoning Observed FAR Implied FAR for Observed Observed FAR, of Recent City's Capacity FAR, All Development Projects Estimates Development since 1995 (Winter 2000) BC 0.50 0.17 BN 0.50 0.17 BP 0.50 0.16 CC 3.50 0.21 CF 2.4O 0.29 CP-1 0.30 0.10 OP 1.05 0.34 OP-1 1.05 0.43 OP-2 1.05 0.60 OP-3 1.05 Na OP-4 0.70 0.00 PO 0.40 0.18 0.22 0.10 0.32 0.43 0.10 0.26 0.36 0.55 0.37 0.35 0.38 Source: City of Federal Way Capacity Database. Another key assumption in the City's capacity methodology is the allocation of multiple-family residential units in mixed-use zones. Table 3-12 provides a comparison of the City's assumptions with the actual observed mix for all development in the city and all development since 1990. ECONorthwest's analysis assumes 800 square feet per residential unit in mixed-use zones. The data indicate that residential development in mixed-use zones has been considerably below the City's assumptions for future development, with the exception of the CF zone. The existing amount of residential development in mixed-use zones is only a small fraction of all residential development in the city (about 5% for all development; about 10% for residential development since 1990). The analysis also indicates that some non-residential development is occurring in residential zones. This is not surprising: cities commonly allow non-residential facilities such as schools, churches, fraternal organizations, and so on as conditional uses in residential zones. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-19 Table 3-12. Mix of residential and non-residential uses by zone, Federal Way city limits All Development Zoning Total DU % Res BC 201 8% BN 13 2% BP 26 3% CC 0 0% CF 1,028 38% CP-1 I 0% OP 322 8% OP-1 0 0% OP-2 0 0% OP-3 0 Na OP-4 0 0% PO 17 7% RM1800 5,066 100% RM2400 6,077 100% RM3600 2,837 98% RS15.0 1,058 91% RS35.0 82 35% RS5.0 504 97% RST.2 11,892 95% RS9.6 3,348 95% SE 21 45% Dev Since 1990 Total DU % Res 63 14% 1 0% 0 O% 0 O% 385 53% 0 O% 0 O% 0 O% 0 O% 0 O% 0 O% 0 O% 209 100% 819 100% 649 100% 137 91% 5 5% 132 100% 1,426 93% 537 100% 1 100% ci~ Assump (% Res) 33% 33% 10% 50% 50% 0% 10% 0% 0% 0% O% 0% Na Na Na na na na na na na Source: City of Federal Way Capacity Database, analysis by ECONorthwest, 2000. The City's capacity analysis yielded about 18 million square feet (18,045,147) of non-residential bufldable floor area and 12,169 dwelling units. Table 3-13 shows a basic simulation of the CiW's method at the aggregate level. The key variables in the simulation are the floor area ratio (FAR), percent of land in mixed-use zones allocated to residential, and the average area of apartment. The base simulation shown in Table 3-13 is set so it comes close to the City's capacity estimates. There are an infinite number of combinations of assumptions that could result in values comparable to the City's results. The combination of variables that we used were a 1.0 FAR, and 20% of mixed-use capacity to residential units. The point of Table 3-13 is to illustrate that the population growth forecasted by PSRC (27,397 persons) can be accommodated provided land in non-residential, mixed-use zones get developed for housing. In Chapter 5 we evaluate how reasonable these assumptions are. Page 3-20 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 3-13. Simulation of land capacity, Federal Way city limits Variable Value Vacant lot area After Deductions (Square Feet (SF)) Redev lot area after deductions (SF) Total lot area (SF) FAR Assumption Total buildable area (SF) Percent residential assumption Mixed-use area in residential (SF) Avg Res Size ($F) Non-res buildable in mixed use (SF) Res units in mixed-use zones Res units in res zones Total residential units 16,742,633 6,898,882 23,641,516 1.00 23,641,516 20% 4,728,303 600 18,913,212 7,881 4,839 12,720 Source: ECONorthwest, based on City capacity methods. Table 3'14 shows estimated non'residential capacity under different assumptions about FAR and the percentage in residential use. The table shows the amount of non-residential built space for different FAR assumptions and residential assumptions. For example, if one assumes that development in mixed-use zones averages an FAR of 0.6 and that 20% of that built space is used for residential purposes, about 11.35 million square feet of non-residential capacity would remain. The results show that non-residential capacity is highest using higher FAR assumptions and lower residential allocations. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-21 Table 3-14. Estimated total non-residential built space capacity using different FAR and percent residential assumptions (in millions of square feet of floor area) Percent of Total Developable/Redevelopable Square Footage to Residential Use (millions of square feet) FAR Assmp 10% 20% 30% 40% 50% 60% 0.20 4.26 3.78 3.31 2.84 2.36 1.89 0.40 8.51 7.57 6.62 5.67 4.73 3.78 0.60 12.77 11.35 9.93 8.51 7.09 5.67 0.80 17.02 15.13 13.24 11.35 9.46 7.57 1.00 21.28 18.91 16.55 14.18 11.82 9.46 Source: ECONorthwest, 2000. Table 3-15 shows estimated total residential capacity using different FAR and residential assumptions. The results combine residential capacity on residential land and residential capacity in mixed-use zones: in other words, Table 3-15 shows an estimate of total residential capacity for all of Federal Way, based on different assumptions about FAR and percent residential in mixed-use zones. Residential capacity increases as FAR and allocation to mixed-use zones increases. Table 3-15 illustrates our point that there are many combinations that yield over 11,000 to 12,000 dwelling units, about the number needed to accommodate PSRC's forecasted population growth. Table 3-15. Estimated total residential capacity (dwelling units) using different FAR and percent residential assumptions, Federal Way city limits Percent Residential FAR 10% 20% 30% 40% 50% 60% 0.20 5,567 6,294 7,022 7,749 8,477 9,204 0.40 6,294 7,749 9,204 10,659 12,114 13,569 0.60 7,022 9,204 11,386 13,569 15,751 17,933 0.80 7,749 10,659 13,569 16,478 19,388 22,298 1.00 8,477 12,114 15,751 19,388 23,025 26,662 Source: ECONorthwest, 2000. Page 3-22 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation The scenarios shown in Tables 3-14 and 3-15 indicate that the key variables that affect capacity are floor area ratio and allocation of residential units to mixed-use zones. In chapter 4 we review historical development patterns in the Puget Sound region and Federal Way. This analysis provides a strong indication of what densities and mixes of uses the market has built to in the recent past. In chapter 5 we evaluate population and employment forecasts and develop estimates of demand for dwelling units and built commercial space based on our evaluation of what the market will build to in the next 20 years. We then present revised capacity estimates based on FARs and housing type mix. Land demand is then allocated to TAZs based on the revised capacity estimates. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 3-23 Chapter 4 Historical Development Patterns INTRODUCTION This chapter describes development patterns in the Puget Sound Region, King County, and Federal Way over the past 10 years. Historical development patterns are direct indicators of how demand for residential, commercial, office, and industrial development have manifested itself in the region and in Federal Way. Historical development patterns show the rates at which housing, retail, office, and industrial space has been absorbed in the recent past, which provides a starting point and check on assumptions about future absorption. The Growth Management Act requires counties and cities to monitor development. Amendments to the Growth Management Act (GMA) in 1997 require King County and its cities to collect data on buildable lands and analyze how planning goals are being achieved. The amendments, often referred to as the Buildable Lands Program, require local governments to monitor the intensity and density of development to determine whether a county and the cities within its boundaries are achieving urban densities to meet state growth projections. If development does not occur at planned levels, jurisdictions must consider measures other than expanding urban growth areas (UGAs) to accommodate development. Our analysis of development trends covers: · The mix of residential types: single-family (divided by construction typc conventional site built, manufactured, and by lot size); duplex/tri/quad, town houses, and apartments; · The mix of commercial types: retail, office, industrial; Lot size/density, and gross-to-net acre relationships; Size of unit per type; and · Value or price per size and type of unit. We used several data sources to complete our analysis of historical development trends. The key ones: · Building permit data from PSRC and the City; · City GIS data that includes year built, number of dwelling units, and floor area at the tax lot level; and · Secondary real estate information sources, such as CB Richard Ellis, Dupre and Scott, and Mundy Associations as well as interviews with local brokers and developers. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 4-1 Federal Way is part of the larger, Puget Sound real estate market. Analysis of regional development trends provides a better understanding of factors affecting development in Federal Way. Our analysis of regional development patterns is presented in Appendix C. FEDERAL WAY DEVELOPMENT PATTERNS ECO conducted a detailed analysis of development in Federal Way using assessment data, the City's capacity database, PSRC building permit data, and City building permit data. We used these data sources to quantify the amount and density of development within the Federal Way city limits, and, to the degree data were available, the Federal Way Potential Annexation Areas (PAAs). One problem with reporting historical data for Federal Way is that Federal Way did not incorporate until 1990. Before 1990, the US Bureau of Census classified Federal Way as a Census Designated Place (CDP). Before Federal Way incorporated, King County was responsible for issuing and tracking building permits. The analysis of building permits in this chapter only includes permits issued after Federal Way incorporated. Analysis of recent development patterns is an important component of the demand analysis. Historical data, combined with data on recent development approvals (the development pipeline) provides empirical evidence of the rate, location, and intensity of development. Analysis of recent densities provides an indication of what future development might look like, and what the actual capacity of land is, given the market characteristics of the city. RESIDENTIAL According to the 1999 King County Annual Growth Report, Federal Way added 9,516 people and 6,036 jobs between 1990 and 1998. In addition, the Annual Growth Report shows Federal Way as having 31,729 dwelling units in 1998 and the U.S. Census shows 28,087 units in 1990/This results in an increase of 3,642 dwelling units between 1990 and 1998. Table 4-1 shows the density of residential development by type in Federal Way for different time periods. The data indicate that residential development in Federal Way averages, across all dwelling unit types (SF and MF) about 5.4 dwelling units per net residential acre. This figure increases to about 6.6 dwelling units per net buildable residential acre. The data show that residential densities for recent single- and multiple family development (1995-1999) have occurred at lesser densities than during the earlier period. ~ The change in total dwelling units is inconsistent with building permit data presented in the 1999 Annual Growth Report which indicates that 2,531 residential building permits were issued between 1990 and 1998. The change of 3,642 dwelling units results in an average household size of 2.61 persons, a figure relatively close to the average household size reported for Federal by the 1990 Census. The 2,531 building permits issued would result in an average household size of about 3.75 persons. Our evaluation is that the 3,642 is the more reliable figure. Page 4-2 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 4-1. Density of residential development by time period, City of Federal Way DU/Net Total Tax Total Buidlable DU/Net Buildable Type/Period Lots Acres Acres Total DU Acre Acre Single-Family No Year 144 90 61 144 1.6 2.4 Before 1990 14,507 3,999 3,711 14,507 3.6 3.9 1990-1994 498 145 131 498 3.4 3.8 1995-1999 1,575 364 341 1,575 4.3 4.6 Subtotal SF 16,724 4,598 4,245 16,724 3.6 3.9 Multiple Family No Year 85 28 12 3,189 Na Na Before 1990 528 1,293 569 10,293 8.0 18.1 1990-1994 14 108 91 1,656 15.3 18.2 1995-1999 7 30 26 635 21.0 24.4 Subtotal MF 634 1,460 697 15,773 10.8 22.6 Total No Year 229 119 73 3,333 Na Na Before 1990 15,035 5,293 4,280 24,800 4.7 5.8 1990-1994 512 253 222 2,154 8.5 9.7 1995-1999 1,582 394 367 2,210 5.6 6.0 Total 17,358 6,058 4,942 32,497 5.4 6.6 Source: Federal Way Capacity Database, 2000. Note: No Year includes permits that did not have a year issued value. Table 4-2, Figure 4-1, and Map 4-1show new dwelling units approved (residential building permits) in the Federal Way city limits between 1990 and 1999. The data indicate that the City issued permits for about 4,060 residential units, or about 406 units annually during this period. On average, about 51% of permits issued were for single-family units. King County approved a substantial number of dwelling units (1,016) in 1990 just after Federal Way incorporated and King County was still processing permits, submitted prior to incorporation, for property located in Federal Way. Since~ 1991, an average of about 293 dwelling units were approved annually; 57% of approvals were for single-family units. The Federal Way building permit data are substantially different than the year built data in the City's capacity database. The capacity database shows nearly 4,400 dwelling units with a year built of 1990 or greater, whereas the building permit data show 4,060 units issued during that time. Most of this difference is probably accounted for by the lag time between when permits are issued and dwelling units are built--many permits must have been issued before 1990 with dwelling units built after 1990. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 4-3 Table 4-2. New dwelling units approved by residential building permits, Federal Way, 1990-1999 Multiple Mobile Home Accessory Year Single Family Family on Lot Dwelling Total 1990 546 873 1,419 t991 190 0 190 1992 255 47 302 1993 186 186 1994 185 246 43t 1995 212 8 22O 1996 108 129 2 1 240 1997 151 368 3 2 524 1998 102 95 5 2 204 1999 116 225 2 1 344 Total 2,051 1,991 12 6 4,060 Percent of Total 51% 49% 0% 0% 100% 10-yr Avg 205 199 1 1 406 Source: City of Federal Way, 2000. Figure 4-1. Dwelling units approved by residential building permits, Federal Way city limits, 1990-1999 1,000 9OO 8oo 700 600 500 400 0 1990 1991 1992 1993 1994 1995 ! 996 1997 1998 1999 Yea r · Single Family [2 Multiple Family [] Mobile Home on Lot · Accessory Dwelling Source: City of Federal Way, 2000 Table 4-3 shows assessed value of residential development by type and year built as of February 2000. The data indicate that as one would expect, newer units tend to have higher assessed values. Moreover, newer single- family residences are, on average, larger than older residences. The average size of multiple family units decreased slightly for the period 1995-1999 compared to 1990-1994. Page 4-4 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Map 4-1 2000 Federal Way Market Study '1 Residential Permits, 90-98 by Transportation Analysis Zones (TAZ) 192 13 193 11 ® (9 18 .:2 78 ,:::~ 79~ ? 197 ¢ 180 Scale: 1 to 62040 1 Inch equals 5170 Feet 0 1 Mile Legend: __ City of Federal Way Multi-Family Permits Permit, Issued BEFORE 1995 Permit, Issued AFTER 1995 Single-Family Permits ~ Permit, Issued BEFORE 1995 ® Permit, Issued AFTER 1995 (Note: Only permits issued after 1990 are displayed.) Map Date: May, 2000. City of Federal Way, 33530 First Way S, FederaJ Way, WA 98003 (253) 661-4000. This map is intended for use as a raphicaJ representation ONLY. The ity of Federal Way makes no warranty as to its accuracy.  GIS DIVISION /users/mikesllandlrespermaml Table 4-3. Assessed value of residential development by type and year built, Federal Way city limits, February 2000 Land Imp Value Total Value (in (in Value (in Average Average Period Total DU~ millions) millions) millions) Value Size (SF) Single-Family No Year 144 9.4 5.0 14.4 100,256 Na Before 1990 14,507 737.3 1,427.4 2,164.7 149,219 1,996 1990-1994 1,575 86.8 236.7 323.5 205,383 2,376 1995-1999 498 28.8 83.9 112.7 226,311 2,579 Total 16,724 862.3 1,753.0 2,615.3 156,382 2,032 Multiple Family No Year 544 3.5 7.9 11.4 20,883 Na Before 1990 10,293 93.4 243.2 336.6 32,706 798 1990-1994 1,656 12.8 55.4 68.2 41,191 1,103 1995-1999 635 4.3 27.4 31.7 49,905 935 Total 13,128 114.0 333.9 447.9 34,118 Na Source: City of Federal Way Capacity Database; assessed values from King County Assessor, 2000. Note: No Year includes permits that did not have a year issued value. ~ The total number of dwelling units reported in the capacity database is slightly different than the value reported in Table 4-2. This is probably due to misclassification of land use by the assessor or discrepancies in the number of multiple family units in individual buildings. NON-RESIDENTIAL The City of Federal Way tracks land use, floor area, year built and other important development data in its capacity database. Non-residential development is classified into seven categories: · Hotels · Industrial · Institutional · Office · Retail · Recreation · Schools The data allow analysis of built space by type and time period, floor area ratios, improvement values, and lot sizes. Table 4-4 summarizes data for all non-residential development in Federal 'Way and Map 4-2 shows locations of non-residential permits. The data indicate that the majority of non- residential development is relatively low-intensity. Prior to 2000, floor area ratios (square feet of floor area divided by square feet of land area) average 0.13 for all development. New development, however, is going in at Page 4-6 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation intensities more than twice the city's average; floor area ratios (FARs) averaged 0.25 for the period 1995-1999 and 0.5 for 2000. Table 4-4. Total non-residential built space by time period, Federal Way City Limit Number of Tax Acres in Buildable Imp Value Period Lots Tax Lots Acres Built Area FAR (2000) Before 1990 614 2,265.9 2,051.2 10,376,174 0.12 589,928,933 1990-1994 56 265.7 245.0 1,732,663 0.16 141,756,500 1995-1999 26 74.6 66.2 725,361 0.25 41,246,700 Total 704 2,634.8 2,388.2 13,282,112 0.13 772,932,133 Not Yet 2000 10 32.5 29.7 652,895 0.50 Assessed Source: Federal Way Capacity Database, February 2000. Table 4-5 shows total built space by use for non-residential development within the Federal Way city limits. The data show Federal Way had over 13 million (13,487,093) square feet of built non-residential space in February of 2000. The FAR shows considerable variation by use, with hotel uses having the highest overall FAR and recreational uses having the lowest. The final column shows improvement value by use; the total assessed value of non- residential improvements was nearly $775 million. Table 4-5. Total non-residential built space by use, Federal Way city limit, February 2000 Number of Tax Acres in Buildable Implied Imp Value Use Lots Tax Lots Acres Built Area1 FAR (2000) Hotels . 15 38.9 34.6 442,300 0.29 14,142,600 Industrial 152 501.8 473.6 3,839,438 0.19 188,136,758 Institutional 75 338.6 284.7 850,224 0.07 63,970,410 Office 160 423.5 354.3 3,286,495 0.21 178,307,685 Recreation 19 407.2 357.4 359,021 0.02 33,970,700 Retail 252 510.3 494.4 4,068,020 0.19 215,681,780 Schools 33 418.3 392.9 641,595 0.04 80,521,000 Total 706 2,638.6 2,392.0 13,487,093 0.13 774,730,933 Source: Federal Way Capacity Database, February 2000. ~ Includes built space in non-commercial zones. The 2000 Improvement Value for Hotels does not include the Marriott or Holiday Inn, since they had not been assessed at the time of writing. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 4-7 Map 4-2 2000 Federal Way Market Study Commercial Permits, 90-98 by Transportation Analysis Zones (TAZ) 14 13 190 192 193 t !1 78 818 Tacoma 138 141 Scale: 1 to 62040 1 Inch equals 5170 Feet 0 1 Mile Legend: City of Federal Way Commercial Permits Permit, issued BEFORE 1995 Permit, Issued AFTER 1995 Note: Only permits issued after 1990 are displayed. Commercial permits issued outside Federal Way are not shown. 206 180 210 213 ~lilton 212 216 Map Date: May, 2000. City of Federal Way, 33530 First Way S, Federal Way, WA 98003 (253) 661-4000. This map is intended for use as a raphical representation ONLY. The ity of Federal Way makes no warranty as to its accuracy.  GIS DIVISION /userslmikesllandlcomperm.aml Table 4-6 shows total non-residential built space by zoning district, for non- residential districts, within the Federal Way city limits. The total built space figure is smaller than in the previous table because this table does not include built space in residentially-zoned lands. As one would expect, the density of development as measured by FARs, varies by zones. The average FAR for all zones was 0.20, but was as high as 0.60 in the OP-2 (Office Park 2) district. Table 4-6. Total non-residential built space by zoning, Federal Way city limit, February 2000 Zoning Tax Lots Acres Buildable Acres Built Space FAR BC 218 278.3 270.8 2,062,731 BN 62 88.8 87.0 629,662 BP 70 116.4 105.8 717,738 CC 39 147.09 146.49 1,496,260 CF 67 164.6 163.3 2,075,125 CP-1 7 362.2 310.8 1,304,299 OP 72 227.6 206.1 3,055,565 OP-1 3 28.5 21.2 402,045 OP-2 2 11.1 5.5 144,000 OP-4 I 40.0 35.7 5,088 PO 21 25.4 23.4 188,450 Total 562 1,490 1376.1 12,080,963 0.17 0.17 0.16 0.23 0.29 0.10 0.34 0.43 0.60 0.00 0.18 0.20 Source: Federal Way Capacity Database, February 2000. Note: Does not include built space in residential zones. RETAIL Table 4-7 shows the amount of retail space built by time period in the Federal Way city limits. The data indicate that the City has just over four million square feet of retail space. FARs average about 0.19, but were 0.24 for development between 1995 and 1999. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 4-9 Table 4-7. Amount of retail space built by time period, Federal Way City Limit Number of Acresin Buildable Implied Imp Value Period Tax Lots Tax Lots Acres Built Area FAR (2000) No Year 2 10.1 10.0 142,057 0.32 Na Before 1990 222 389.8 376.5 3,102,025 0.19 155,503,080 1990-1994 15 87.8 85.5 592,632 0.16 42,718,700 1995-1999 13 22.6 22.4 231,306 0.24 17,460,000 Total 252 510.3 494.4 4,068,020 0.19 215,681,780 Source: Federal Way Capacity Database, February 2000. OFFICE Table 4-8 shows the amount of office space built by time period in the Federal Way city limits. The data indicate that the City has nearly 3.3 million square feet of office space. FARs average about 0.21, but were 0.36 for development between 1995 and 1999. Table 4-8. Amount of office space built by time period, Federal Way City Limit Number of Tax Acres in Buildable Implied Imp Value Period Lots Tax Lots Acres Built Area FAR (2000) No Year 3 8.0 5.8 224,000 0.88 Na Before 1990 140 362.3 307.0 2,434,796 0.18 144,274,785 1990-1994 9 20.3 16.6 235,501 0.33 16,041,700 1995-1999 8 32.9 24.9 392,198 0.36 17,991,200 Total 160 423.5 354.3 3,286,495 0.21 178,307,685 Source: Federal Way Capacity Database, February 2000. INDUSTRIAL Table 4-9 shows the amount of industrial space built by time period in the Federal Way city limits. The data indicate that the City has just over 3.8 million square feet of industrial space. FARs average about 0.19, but were 0.26 for development between 1995 and 1999. Page 4-10 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 4-9. Amount of industrial space built by time period, Federal Way City Limit Numberof Acres in Buildable Implied Period Tax Lots Tax Lots Acres Built Area FAR Imp Value (2OOO) No Year 1 3.3 3.3 616 0.00 Before 1990 127 419.8 398.0 3,096,284 0.18 1990-1994 20 71.6 65.1 660,960 0.23 1995-1999 4 7.2 7.3 81,578 0.26 Total 152 501.8 473.6 3,839,438 0.19 38,800 134,500,058 50,742,800 2,855,100 188,136,758 Source: Federal Way Capacity Database, February 2000. OTHER BUILT SPACE Federal Way classifies several other categories of built space beyond office, retail, and industrial. The city tracks built space for hotels, institutional uses, recreational facilities, and schools. Table 4-10 shows the amount of hotel space built by time period in the Federal Way city limits. The data indicate that prior to 2000, the City had just over 237,000 square feet of hotel space with a FAR average of about 0.18. This table shows that the FAR for hotels has been increasing since 1999. Table 4-10. Amount of hotel space built by time period, Federal Way City Limit Numberof Acres in Buildable Implied ImpValue Period Tax Lots Tax Lots Acres Built Area FAR (2000) Before1990 11 31.8 27.5 172,812 0.14 10,317,400 1990-1994 I 0.8 0.8 9,360 0.26 2,065,200 1995-1999 1 2.5 2.5 55,147 0.51 1,760,000 To~l 13 35.1 30.8 237,319 0.18 14,142,600 Not Yet 2000 2 3.79 3.79 204,981 1.24 AsseSsed Source: Federal Way Capacity Database, February 2000. Table 4-11 shows the amount of institutional space built by time period in the Federal Way city limits. The data indicate that the City has just over 850,000 square feet of institutional space. A substantial amount (61%) of institutional built space is on land zoned for residential uses. FARs for institutional uses are very low compared to others uses averaging about 0.07. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 4-11 Table 4-11. Amount of institutional space built by time period, Federal Way City Limit Number of Acres in Buildable Implied Imp Value Period Tax Lots Tax Lots Acres Built Area FAR (2000) No Year 1 4.9 4.3 26,094 0.14 Na Before 1990 67 294.8 245.8 743,177 0.07 57,479,610 1990-1994 6 27.1 22.9 60,674 0.06 3,550,400 1995-1999 1 11.8 11.7 20,279 0.04 2,940,400 Total 75 338.6 284.7 850,224 0.07 63,970,410 Source: Federal Way Capacity Database, February 2000. Table 4-12 shows the amount of recreational space built by time period in the Federal Way city limits. The data indicate that the City has nearly 360,000 square feet of recreational space. Like institutional facilities, FARs for recreational facilities are very low. Recreational FARs average about 0.02, but are probably combined with outdoor recreational facilities or open space. Table 4-12. Amount of recreational space built by time period, Federal Way City Limit Number of Acres in Buildable Implied Imp Value Period Tax Lots Tax Lots Acres Built Area FAR (2000) Before 1990 17 378.0 330.6 288,377 0.02 17,013,900 1990-1994 2 29.2 26.8 70,644 0.06 16,956,800 1995-1999 0 0.0 0.0 0 0.00 0 Total 19 407.2 357.4 359,021 0.02 33,970,700 Source: Federal Way Capacity Database, February 2000. Table 4-13 shows the amount of school space built by time period in the Federal Way city limits. The data indicate that the City has just over 640,000 square feet of school space. FARs average about 0.04, but were 0.09 for development between 1995 and 1999. This is not surprising; most schools include a substantial amount of outdoor space for their grounds. Page 4-12 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 4-13. Amount of school space built by time period, Federal Way City Limit Number of Acresin Buildable Implied ImpValue Period Tax Lots Tax Lots Acres Built Area FAR (2000) Before 1990 30 389.3 365.6 538,703 0.03 70,840,1 O0 1990-1994 3 29.0 27.3 102,892 0.09 9,680,900 1995-1999 0 0.0 0.0 0 0.00 0 Total 33 418.3 392.9 641,595 0.04 80,521,000 Source: Federal Way Capacity Database, February 2000. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 4-13 Chapter 5 Demand Analysis and Growth Allocation INTRODUCTION Chapter 2 described the official regional growth forecasts for Federal Way; Chapter 3 described the amount of land available to accommodate that growth; Chapter 4 described Federal Way's recent development history. We are now in a position to make a judgment about the amount of growth (employment and built office and retail space; population and housing units;) that is likely to occur in Federal Way, and how that growth is likely to be distributed by location and time period. Our conclusion, which we document in this chapter, is that the PSRC population forecasts for Federal Way are too high as "most likely" forecasts for the City limits, however, the PSRC population forecasts for the TAZ Study Area (TAZs outside of the City) and the employment forecasts for both the City Limits and TAZ Study Area are reasonable. To document this conclusion, this chapter begins with a review of population and employment forecasts, comparing them with recent development trends. That review leads to a conclusion about the amount of population and employment growth--and, thus, development, that the City should be planning for over the next 20 years. It then describes three future development scenarios for how that growth might be accommodated. It concludes with an allocation of that growth to Federal Way transportation analysis zones (TAZs): ECO's opinion of the most probable development scenario. GROWTH FORECAST (CITY-WIDE) METHODS A key objective of our work program is an estimation of growth in the Federal Way City Limits and the Federal TAZ Study Area. For a number of reasons, we began our analysis in Chapter 2 by using the PSRC regional population and employment forecasts to develop a forecast for the city limits and the TAZ Study Area. We started with the PSRC forecast for two reasons: (1) it is the official coordinated forecast for the Puget Sound Region; and (2) it is regionally controlled (it sums to OFM county-level forecasts). Several options exist for evaluating the PSRC forecasts: (1) compare the PSRC forecasts to historical amounts or growth rates (extrapolation); (2) compare historical shares (ratios); (3) simulate different rates (simulation); or (4) create an independent model (econometric modeling). For any complex social system (a household, a business, a city) the future is inherently uncertain and forecasts are educated guesses about that future. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-1 The best forecasts are ones that offer compelling reasons for those guesses. For this project, we have decided that the best way to explain the City's possible growth futures is to: Describe the amount and type of development that would have to occur to accommodate the population and employment forecasted by PSRC, given the City's estimates of vacant and redevelopable land. Therefore, the market analysis begins with the PSRC population and employment that are exogenous to this study. As a starting point, we compare the PSRC population and employment forecasts to the City's development capacity estimates. This comparison requires a conversion of forecasted population and employment into acres and built space. Appendix B provides a description of the methods used for this analysis. Evaluate how likely that forecast is, given (a) historical and forecasted future rates of growth from the region, (b) historical amounts and rates of growth in Federal Way, (c) the policies and markets of jurisdictions that compete with Federal Way for regional growth. PRELIMINARY COMPARISON OF PSRC FORECAST TO FEDERAL WAY DEVELOPMENT CAPACITY The basic assumption of this analysis is that (1) population growth translates into more households, which create a demand for housing, which creates a demand for residential land; and (2) employment growth requires new commercial or industrial space, which creates a demand for commercial and industrial land. Table 5-1 uses this logic to compare demand based on PSRC population and employment forecasts, and land capacity from the City's capacity analysis. Many assumptions were required to develop demand estimates. ECO estimates that Federal Way will need about 12,378 dwelling units to house the 27,397 new people forecast by PSRC between 2000 and 2020. This figure assumes: · An average household size of 2.35 persons;~ · A 5% residential vacancy rate; and · Persons in group quarters will increase by 200 persons. ~ This assumption requires explanation. In the Puget Sound region as a whole, the PSRC estimates that from 2000 to 2020, the average household size will fall from 2.5 to 2.34 persons. For King County, PSRC anticipates an even larger drop-the average household size is expected to fall from 2.4 to 2.17 persons. The 1990 Census reported that the average household size was 2.61-a figure higher than both the Puget Sound region and King County. Because of the larger household size historically in Federal Way, we assume a smaller drop to 2.35 persons, a figure that is comparable to the regional average. Page 5-2 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 5-1 summarizes the results of this preliminary housing needs analysis and compares the results with the City's capacity estimates. The table is organized into several sections as follows: Residential demand provides an estimate of the total number of dwelling units needed to accommodate the PSRC population forecast for the Federal Way city limit. The analysis divides population (27,397 persons) by persons per dwelling unit (2.35) to estimate occupied dwelling units (11,658). The analysis assumes a 5% vacancy rate adding 624 dwelling units to arrive at a total dwelling unit estimate of 12,272. City capacity analysis shows the capacity estimates developed by City Staff. The estimates are broken out by residential and mixed-use zones. Residential capacity and population estimates. For residential uses, ECO converted dwelling unit capacity to population capacity using an average household size of 2.35 persons (2.80 persons for single-family, and 2.15 persons for multiple family).2 The results show a total population capacity of 12,902 persons in residential zones. For dwelling units in mixed uses, ECO assumed that 100% of dwelling units in mixed-use zones would be multiple family. The dwelling unit capacity (7,329) results in a population capacity of 15,757 persons assuming an average household size of 2.15 persons in multiple family units. The City's capacity analysis indicates a total residential capacity of 12,168 dwelling units. Assuming an average household size of 2.35 persons, this results in a population capacity of 28,594 persons-a figure very close to the PSRC forecast. The City's capacity estimates assume a housing mix of 32% single- family and 68% multiple family; Employment capacity and built space estimates. The City estimated a total non-residential built space capacity of about 23.4 million square feet. The City's estimates assumed that 23% percent of total built non- residential space capacity would go to residential uses, leaving about 18 million square feet of non-residential built space capacity. Estimated built space demand. The PSRC estimates Federal Way will have 8,177 new employees between 2000 and 2020. Applying an average built space per employee assumption of 350 square feet yields demand for about 2.86 million square feet of non-residential built 2 A higher average household size assumption would result in a higher population capacity estimate. The average of 2.35 persons assumed by ECO is conservative in that it is a smaller decrease than'forecast by PSRC for King County. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-3 space. Thus, the City has an excess capacity of about 14.6 million square feet of non-residential built space. Table 5-1. Preliminary comparison of capacity and demand, Federal Way city limits, 2000-2020 Variable Value Residential Demand (PSRC Forecast) New population, 2000-2020 Average HH size DU to house new population Vacancy rate Total DU needed 2000-2020 City Capacity Analysis Residential Capacity Residential zones (DU) Single-family (DU) Multiple-family (DU) Total Population Single-family (@ 2.80 persons/DU) Multiple-family (@2.15 persons/DU) Total Mixed-use zones Implied housing need in mixed-use zones Dwelling units (multiple-family) Persons (@ 2.15 persons/DU) Implied housing mix Single-family Multiple-family Implied ratio of built space in mixed use zones Employment Capacity Total Capacity (City estimate) Residential (multiple-family @ 800 sf/du) Percent residential Non-residential Percent non-residential Estimated built space demand PSRC new employment, 2000-2020 Average built space per employee Needed built space Surplus built space capacity 27,397 2.35 11,658 5% 12,272 3,844 995 4,839 10,763 2,139 12,902 7,329 15,757 32% 68% 23,413,850 5,946,314 25% 17,467,536 75% 8,177 350 2,861,950 14,605,586 Source: PSRC Forecasts, Federal Way Capacity Estimates, Analysis by ECONorthwest, 2000 Page 5-4 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Thus, this preliminary analysis indicates that Federal Way has a large surplus capacity for employment. It also shows that, based on reasonable assumptions about housing need and capacity of lands zoned for residential development, the City will need to achieve a housing mix that would be nearly 70% multiple-family for all units added to existing housing stock. A thorough answer to whether this mix is achievable requires some additional evaluation. The following sections answer these questions by evaluating additional information that is relevant to development in Federal Way. EVALUATION OF FACTORS INFLUENCING DEVELOPMENT IN FEDERAL WAY Federal Way is part of the larger, Puget Sound real estate market. Analysis of regional development trends provides a better understanding of factors affecting development in Federal Way. Our analysis of regional development patterns is presented in Appendix B. HISTORICAL CITY GROWTH In Chapter 2 we presented population and employment forecasts based on aggregations of PSRC transportation analysis zones for the Federal Way city limits and the TAZ Study Area. In this section we evaluate those forecasts based on population and employment growth and development trends in Federal Way over the past 10 years. Table 5-2 shows selected growth indicators for Federal Way between 1990 and 1998. Population and housing grew at about the same rate during this period. Employment grew at twice the rate of population. Table 5-2. Growth indicators, Federal Way city limits, 1990-1998 Percent Annual Indicator 1990 1998 Change Change Increase Population 67,304 76,820 9,516 14% 1,190 Employment 21,756 27,792 6,036 28% 755 Housing 28,087 31,729 3,642 13% 455 Source: US Census, 1999 King County Annual Growth Report Figure 5-1 shows historical population for Federal Way between 1990 and 1999 and compares it with the PSRC population projection for the year 2000. The data show that, based on historical trends, Federal Way is not likely to achieve the year 2000 population projection that PSRC developed. Extrapolating historical population to 2000 yields an estimate of 77,961 persons. The PSRC 2000 projection of 81,150 is 3,189 persons higher than the 2000 extrapolation. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-5 Figure 5-1. Historical population, Federal Way city limits, 1990-1999; PSRC projection, 2000 85000 ~ Historic 80000 .......... ' Current F~SRC · Projection 70000 65000 4- 60000 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 Source:Historicalpopulationfrom Washington OfficeofFinancialManagement, and Year2000projectionfrom PSRC. The PSRC employment forecasts for Federal Way are consistent with historical trends. Table 5-3 provides a comparison of PSRC population and employment forecasts for the Federal Way city limits. It shows that PSRC expects population to g~row at a rate slightly faster than employment. The ratio of population to employment is a standard measure of a community's balance between housing and jobs. At state or regional levels, a typical ratio is about 2.0. Though a large economy (like a state) does not vary from that ratio much (young, old, retired, and unemployed people make up about half the population), sub-regional economies (e.g., a city in a metropolitan area) are more variable. Federal Way's ratio of close to 3.0 shows that it has substantially more people compared to jobs than what would be expected regionally. In other words, on this dimension it fits the definition of what are referred to as "bedroom communities." (Later sections explain why we think that pattern will change.) Page 5-6 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 5-3. Comparison of PSRC population and employment forecasts, Federal Way city limits, 2000-2020 PoplEmp Year Population Employment Ratio 1990 67,309 21,756 3.1 2000 81,150 29,055 2.8 2010 93,431 33,867 2.8 2020 108,547 37,232 2.9 Change 2000-2020 27,397 8,177 3.4 Percent Change 2000-2020 34% 28% Source: 1990 data from 1999 King County Growth Monitoring Report; Forecasts from PSRC The PSRC population forecast implies that Federal Way will increase population by about 1,370 persons per year. Applying the PSRC's estimate of average household size of 2.35 for new households created between 2000 and 2020 yields a dwelling unit need of about 580 dwelling units annually. But between 1991 and 1998, Federal Way added about 300 permits annually, 52% of the PSRC forecast. In other words, the PSRC forecasts implies that Federal Way will increase the number of permits issued by almost 300 per year, an increase of approximately 50% over its production in the 1990s, and that it will sustain that increase for 20 years. CITY LAND CAPACITY The City's capacity analysis showed limited capacity for land designated for residential uses. The City estimated that residential lands could accommodate about 4,839 dwelling units: about 12,902 persons (from Table 5- 1) and 46% of PSRC's forecasted population growth of 27,937. About 80% of the capacity on residential lands is for single-family dwellings. The City allows multiple-family development outright in all commercial zones (mixed-use zones) and some office zones. The implication of high forecasted growth rates, and a supply of vacant land in mixed-use zones zoned outright for single- and multiple-family dwellings, is that some residential development will locate in mixed-use zones. Existing land use patterns confirm that this is the case; however, only 11% of land in mixed-use zones is presently in residential uses. REQUIRED AMOUNT OF MULTIPLE FAMILY HOUSING Data from the King County Annual Growth Report indicate that the housing mix in Federal Way in 1998 was about 53% single-family and 47% multiple-family. Table 5-1 shows that the City's capacity (by the City's estimates) for new units is for about 32% single-family and 68% multiple- family. The average percent of multiple-family units for incorporated areas of King County in 1998 was about 44%, a figure relatively close to Federal DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-7 Way's 1998 percentage of multiple-family. Tukwila had the highest percentage of multiple-family dwelling units at 57%, while Kent had about 55%, and Redmond had about 54%. It will be a challenge for Federal Way to achieve such a high percentage of multiple-family units between 2000 and 2020. The market has not historically developed at that mix. The anticipated multiple family development must derive from either development in mixed-use zones, or rezoning and redevelopment of primarily built but underutilized residential property. ECO's market analysis takes the perspective of a lending institution: we apply due diligence to our conclusions, which tend to be conservative. Our evaluation is that, in the absence of substantial public investment and policy shifts, the City will not meet its goals for residential development in mixed-use zones. Even with substantial public investment and policy shifts, the City will be challenged to meet its goals for residential development in mixed-use zones. The City does have a vision for a city center, and has adopted policies that are intended to implement that vision. Moreover, the City is also in the process of making considerable investments in the downtown area. Historical trends capture events that happen in the past. After making our preliminary forecast, ECO reviewed factors that are likely to change in Federal Way including market conditions, policy conditions, and public investment. We interviewed the city, and they informed us of foreseeable changes in the future. Following is a summary of the City's vision. Federal Way's vision is to create a definable and vibrant City Center and Urban Center for Southwest King County. Federal Way is one of 21 designated Urban Centers in King County. The King County Countywide Planning Policies (CWPPs) envision that at build-out, an Urban Center would contain a minimum of 15,000 jobs within ½ mile of the transit center, (Federal Way's Transit Center will be located on the southwestern corner of S. 318th and 23~ Avenue), 50 employees per gross acre, and an average of 15 households per acre. Federal Way's Urban Center is 209 acres in size; therefore, at build-out the Urban Center criteria calls for 10,450 employees and 3,135 households (7,367 people at 2.35 units per household). The Economic Development Executive, a position jointly funded by the City and the Chamber of Commerce is actively working on attracting multifamily housing development in conjunction with the Transit Center. In addition, the City is pursuing an aggressive schedule of infrastructure investment in the Urban Center. In 1995, the citizens of Federal Way approved a $7.5 million bond initiative that included a significant amount of infrastructure improvements in the City Center to accommodate future growth within the Urban Center. Some of the City's efforts to date include adoption of new streetscape guidelines related to roadway profiles, streetlights, sidewalk widths, ~nd street trees in 1998. In addition, in 1999, South 312th Street between Pacific Highway South and 23~ Avenue South was widened to five lanes, and new sidewalks, street lighting, and street trees were added. Furthermore, Summer 2000 will see the widening and improvement of the Pacific Highway South/South 320th intersection. The Page 5-8 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation succeeding three-year period through 2003 will see additional construction such as widening of Pacific Highway South in the City Center area, construction of the Transit Center and fly-over ramps from I-5, and upgrade of the Sea Tac mall surface water conveyance system. The City is also researching the preparation of a Planned Action SEPA for the City Center, which would allow environmental review to occur in advance of development, thereby allowing development to proceed more quickly. While these are all actions that will remove barriers to development, none provide direct incentives for development. Ultimately, private developers and landowners make the decision to develop a parcel of land for a particular use, within the physical and legal constraints of that property. The most important factors driving this decision are the ability to achieve sustained rents (or, in the case of condominiums, sales prices) at occupancies, which justify the costs of land and building construction and the operation expenses of the facility as well as provide an attractive rate of return given the level of risk. Federal Way's multi-family rental market is strong, though it lags the rest of the Puget Sound region in overall rents and occupancy, as shown in Table 5-4. Here we find that Federal Way is 18th out of 25 in average monthly rents, has the second highest vacancy rate in the region (albeit not an abnormally high rate given most national markets for this type of property), and first in the percentage of projects offering incentives such as free rent, which reduces overall income (an indication of a softer market). The City Center is even further challenged in this market in that higher land values require higher levels of density, which depend on achieving an even higher rent premium. Currently, the City Center, in our opinion and based on the' feedback provided by the many representatives we spoke with in the development community, does not have the demand nor the amenities to achieve this rent premium. · Other cities and locales within the Puget Sound region, situated in somewhat similar urban settings, have been able to achieve what Federal Way is seeking in higher density mu)ti-family development in its urban center. Bellevue, for instance, has exPerienced and is currently experiencing a high degree high density multi-family housing; yet, what is important to recognize is that this development has occurred well after Bellevue's establishment as a major regional retail and employment center. Federal Way has this potential, to an extent; in our opinion, though, higher density multi-family development will occur only after the City Center, or immediately adjacent areas, has attained a critical level of office employment and amenities. Bothell, as well, has been successful in developing its urban center with mixed use and multi-family developments; yet, it also has the benefit of both a more established city core and geographical constraints (such as the Sammamish River, 1-405, and a series of hills) to facilitate this development. It also resides in the area of the region that has experienced the most rapid and sustained employment growth. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-9 Table 5-4. Ranking of average rents, vacancy rates, and percent of projects with government incentives Area Avq. Rent Vacancy Rate % Offering Incentives Kirkland 999 4.3% 5.8% Issaquah 960 4.5% 17.1% Bellevue-West 945 2.5% 9.7% Redmond 883 3.8% 25.4% Mercer Island 872 2.6% 6.7% Factoria 858 3.5% 18.4% Juanita 803 2.8% 15.1% Woodinville/Totem Lake 756 3.7% 24.9% Mill Creek 739 4.2% 22.2% Bellevue-East 734 2.7% 15.3% Bothell 733 3.5% 15.6% Mountlake Terrace 695 3.8% 21.6% W. Seattle 660 2.3% 3.6% North and Central Seattle 659 2.3% 6.6% Renton 656 4.2% 25.7% Lynnwood 647 3.7% 18.2% Kent 629 4.7% 33.6% Federal Way 624 (18) 5.1% (2) 35.4% (1) Edmonds 619 3.0% 10.7% White Center 614 4.7% 12.3% Auburn 592 5.1% 27.2% Des Moines 581 5.2% 29.1% Riverton/Tukwila 579 3.7% 25.0% Burien 575 4.5% 14.'7% Airport 537 4.4% 13.5% AVERAGE 718 3.8% 18.1% Source: Dupre and Scott, The Apartment Vacancy Report, Spring 2000, vol. 18., no. 1. Thus, unless there are factors, which will substantially change the market conditions for multi-family development, we do not believe that the City will be able to meet the PSRC 20-year population forecasts. DIFFICULTIES OF DEVELOPING IN MIXED USE ZONES All commercial and some office zones in Federal Way allow multiple- family residential as an outright use. The zoning code requires ground floor' retail or office uses in mixed-use zones, when fronting rights of ways. Multiple-family dwellings can occur on upper levels. Several challenges exist in the market for this type of development. Multiple-family units in mixed-use zones are different from those in typical residential zones because it is not a standard product for developers and lenders. There are only a few successful models in the area to pattern new projects after, compared to thousands for typical multiple-family products. Ground floor retail adds complication and expense to development, as do Page 5-10 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation buildings over three floors? The examples of mixed rise development that have worked in larger cities are usually subsidized ~ some way, with the public sector assembling or writing-down land, lending or guaranteeing loans at below-market rates, abating taxes or development fees, or providing other amenities.' ~ These perceptions are common in the development community and place multiple-family dwellings in mixed-use developments at a disadvantage relative to multiple-family dwellings in residential zones. However, there are ways of encouraging multiple-family development in the City Center. The City of Redmond allows multi-family on the first floor, but requires increased first floor heights. This enables commercial uses to locate there in the future as the market allows. While flexibility is desirable from the City's standpoint, the additional expense provides disincentives to developers over standard garden or mid-rise apartments. Another recent change, which may encourage residential development in the City Center, is the recent-passage of legislation, which expands the multiple-unit dwellings property tax exemption to cities with 50,000 or more population. This allows the deferment of property taxes on multiple family development for ten years after construction. While this provides incentives for multiple family development, it is not unique to Federal Way and thus may not confer any competitive advantages to developing in Federal Way versus other locations. COMPETITIVENESS OF FEDERAL WAY RELATIVE TO OTHER JURISDICTIONS Through most of the 1990s, housing demand in Southwest King County has been soft relative to other areas of the County. In absolute terms, unincorporated areas like the Sammamish Plateau and the Soos Creek area absorbed large portions of the County's new single-family development, and cities like Seattle, Bellevue, Kirkland, and Kent absorbed large numbers of both new single-family and new multi-family housing. When we look to the future, however, there is reason to believe that Southwest King County in general, and Federal Way specifically, will begin to receive more attention from developers. With housing prices in places like Seattle and Kirkland rising rapidly due to a combination of strong demand and diminishing supply, and with the recent incorporation of the Sammamish Plateau (which was at least partially driven by resident's desire to curtail development), one would expect Federal Way's supply of relatively inexpensive land to attract an increasing number of new households in the coming years, and thus, developers. 3 Buildings over three floors are required to have elevators under the Americans With Disabilities Act (ADA). Moreover, structures over three floors generally require additional structural work. 4 Such subsidies may be justified by important public purposes. However, they add an additional layer of complication and risk to development. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-11 On the commercial side, Federal Way remains in a position to capitalize upon the region's sustained demand for office uses. While the area has not seen the rapid development experienced in other parts of the larger region (e.g., the Eastside areas of Bellevue, Kirkland, and Redmond), its location between Seattle and Tacoma, proximity to Sea-Tac Airport, and cheaper land prices make it attractive for future office development. New development in the East Campus Corporate Park, for instance, has seen strong absorption, and is anticipated to be built out within the next five to ten years. Preliminary development applications for office and retail projects to the west of the I-5 corridor also indicate strong interest on the part of the development community. A total of nearly 900,000 square feet of office space is either under construction or proposed for delivery through 2010. While land on the east side of I-5 in the East Campus area is experiencing the most office demand and development activity currently, the area around the City Center (core and frame) should see office development over the study period of this forecast. In effect, this area holds the seeds of an "Edge City," anchored by a retail center with direct access to the I-5 corridor. Office development of this area requires rents that can sustain both higher densities as well as the costs of re-developing largely retail uses. As the East Campus development is absorbed, demand and potential rents in the City Center will increase such that office development will become viable. Other areas west of I-5 that will be recipients of new office demand, though at a less robust pace than the areas near and east of I-5, include the West Campus area as well as areas on the southern .sections of Pacific Highway, zoned Business Park. Federal Way is positioned as a residential community with excellent access to Tacoma, the Kent Valley industries, and Southcenter area in Tukwila, and even downtown Seattle (with expansion of express transit service). The City has lower than average jobs per capita located in the city (0.36 jobs per capita in Federal Way, versus 0.56 regional average), giving the city the reputation of largely a bedroom community. Federal Way residents are well served by local retail destinations; retail jobs account for one-third of the jobs located in the City--twice the regional average. Portions of Federal Way are known for relatively high incomes, particularly in neighborhoods along Puget Sound. In addition, on a county-wide basis, Federal Way is an affordable community. INCENTIVES/POLICIES Federal Way's growth-related policies are consistent with communities nearby that, in essence, compete for growth. Cities in Pierce County and Southwest King County generally have few impediments to growth that are unique to their community. Federal Way's impact fees are primarily tied to schools. Impacts associated with traffic and drainage are identified through the SEPA process. Additionally, the dedication of parkland or payment of a fee in lieu of dedication is one of the requirements for subdivision approval. Commercial incentives are virtually non-existent. Page 5-12 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation The City of Kent enforces GMA impact fees for school funds only. Like Federal Way, new subdivisions are subject to setting aside an agreed upon percentage of land for parks, or a fee paid to the Parks Department in lieu of the land set aside. SEPA related mitigation might lead to fees for new or related road projects. Commercial related incentives do not exist, consistent with State laws prohibiting property tax incentives. Kent does, however, qualify to include property tax incentives for multifamily development in the Urban Center, as do all cities with population greater than 70,000. Federal Way is also eligible for the property tax incentives for multiple family housing development. The City of Burien, while much smaller than Kent and Federal Way, is representative of the smaller cities in Southwest King County competing for growth. The City of Burien has a parks impact fee for new subdivision, similar to Kent's and Federal Way's, which is paid in lieu of land set aside for parks within the subdivision. No other impact fees exist in Burien. In sum, our brief review found no compelling evidence that Federal Way's plan and implementing policies give it either strong advantages or strong disadvantages for development relative to the other cities of south King County and north Pierce County that serve roughly the same market.' PSRC FORECAST METHODS PSRC's forecasts are accepted throughout the region as the sub-area forecasts necessary for regional travel demand modeling and as general forecasts of where jurisdictions' comprehensive plans would guide growth within the four-county region. It is important for local planning efforts-- particularly transportation planning--to remain consistent with the PSRC's forecasts. General consistency with regional models provides a regional context for local planning efforts and forecasts. But a more meaningful application of PSRC's forecasts should include various reality checks and adjustments at the jurisdiction level. The adjustments should reflect and account for the deeper understanding of local market conditions and land use policies (as described in this report) than the regional modeling process can capture. For example, PSRC~s own methods would have probably led to lower residential forecasts if it had used the Citfs current buildable land analysis in its modeling. PSRC's modeling process has two important features: (1) population, employment, and household forecasts that are fully integrated with the regional transportation model; (2) an extensive region-wide review and adoption process by local planners and elected officials. Our adjustments need to reflect a complete understanding of the value and the impact of these features. We need to adjust the PSRC forecasts in such a way as to bend but not break the connectivity to the regional travel demand models that are ~ We have already discussed the exception: the fact that most of the multiple-family residential capacity must meet all the requirements of Federal Wars various mixed-use zones. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-13 used for MTP 2001 Update and for allocation of federal transportation funds (T.I.P:). Our adjustments also need to understand the amount of locally specific information that the PSRC forecasts include, and how that information may have changed since the PSRC forecasts were developed Detailed local expertise i~ difficult to capture in regional modeling. Our adjustment of the PSRC's forecast need to reflect an understanding of the modeling process, local land use policies, and real-world market conditions. Such a refinement may allow improvements to the regional forecasting process, and will produce a more customized set of forecasts to aid decision- making in Federal Way. OVERALL ASSESSMENT OF MARKET CONDITIONS The availability of inexpensive land in Federal Way may spur development in coming years, however, the strength of this effect is largely limited by Federal Way's supply of residential land. As the City's supply of vacant or redevelopable land gets drawn down farther, any competitive advantage afforded by that supply begins to also disappear. On the whole, residential demand in South King County has been weaker than other areas of the Puget Sound Region. While higher housing prices and strained capacity in other parts of the region may lead to some increase in residential growth pressures in Federal Way, we do not see these pressures to be of the magnitude necessary to meet the population projections identified by the PSRC. On the commercial side, however, Federal Way will continue to experience office, retail, and industrial employment growth at a rate slightly below that of the region as a whole. The employment forecasts of the PSRC are consistent with this assessment and reflective of longer-term future market conditions. These conclusions lead us to adjust the PSRC population growth forecast for Federal Way in the next section. REVISED FORECASTS OF GROVVTH IN FEDERAL WAY, 2000-2020 The key objective of our assessment of regional market conditions in the previous section was to evaluate the PSRC population and employment forecasts. Our review of regional and local commercial and industrial development trends suggest that the PSRC employment forecast is reasonable. Our evaluation of residential supply and demand forecasts, however, suggests a mismatch between residential demand forecasted by PSRC and the capacity of residential land in residentially zoned districts to accommodate new housing units. However, the remainder of Federal Way's residential capacity is located within the mixed-use zones and the City assumes that the mixed-use zones will absorb the additional housing demand. Absorbing that capacity requires aggressive assUmptions about both housing mix and the amount of residential development that will occur in mixed-use zones. While we may underestimate the market's response to City investment and policies, we do not believe that Federal Way will achieve a Page 5-14 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation housing mix that is more than two-thirds multiple family in the next 20 years.6 Our conclusion is that it is unlikely that the PSRC population forecast will be achieved if the vacant land in the City retains its current zoning. That conclusion is, of course, rebuttable. The City could argue that as land supply gets tight, developers will increasingly develop in mixed-use zones at densities that are comparable to the City's capacity assumptions, and the PSRC population growth forecasted for inside the Federal Way City limits may be accommodated. If the City accepts our analysis, but still wishes to try to accommodate the population growth forecasted by PSRC, we see at least two options for public policies: 1. Adopt, and plan for, lower estimates of population growth. Rezone land to add more residential capacity, or otherwise facilitate residential development (e.g., changes to development regulations). If the PSRC population increase of 27,397 between 2000 and 2020 is unjustifiably high given Past development trends and residential capacity in Federal Way, what is a more reasonable estimate? We answer that question by evaluating the kind of housing absorption that would have to occur to accommodate different increases in population. Table 5-5 shows the impact on housing mix of various population forecast scenarios. The table is intended to show: The total number of dwelling units needed for different population assumptions, and the number of dwelling units needed annually; 2. How many dWelling units need to be built in mixed-use zones; and 3. The mix of housing units by types. The PSRC forecast implies more than 600 dwelling units will need to be added annually between 2000 and 2020. Federal Way averaged about 406 new dwelling units annually for the years 1990 through 1999 (See Table 4-2). Thus, the PSRC forecasi assumes that the growth rate will increase by 50% over recent trends. Moreover, the PSRC forecast implies that nearly 70% of. new housing units buil~ between 2000 and 2020 will be multiple family units. ECO could find no historical precedent in the Puget Sound region for this housing mix. ECO's evaluation of residential growth (and thus, population growth) in Federal Way is that market factors do not suggest a substantial shift in the While it is theoretically possible, historical analysis indicates that no communities in the region have achieved that mix of housing. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-15 rate of residential development from the past ten years. If anything, recent economic factors (interest rate increases, energy price increases) will serve to stabilize or decrease the rate of residential development, at least in the next few years. Our revised population forecasts rely on a housing unit method. The general basis of this forecast method is that population increases occur subsequent to housing development. We present two possible forecasts: a low forecast based on historical trends, and a mid-range forecast that falls between the conservative forecast and the PSRC forecast. A population forecast of 20,000 new persons over the 20-year period results in a total population change of about 25%; a 1.1% annual growth rate, a rate we would classify as moderate. Even so, it results in an annual dwelling unit need and housing mix that may be weighted a little too heavily toward multi-family units, but which is consistent with development trends over the past 10-years. A mid-range population estimate of 23,500 results in a housing mix of 37% single-family and 63% multiple-family. This forecast is roughly between the low forecast and the PSRC forecast and is presented as a third scenario. Under the mid-range population scenario, about 25% of capacity in mixed-use zones would be in residential use (based on the City's capacity estimates). Reducing population to 20,000 persons yields a housing mix of 43% single- family and 57% percent multiple-family; about 18% of the mixed-use capacity would be for residential uses (based on City estimates). Based on our evaluation of local and regional market trends, ECO believes the low forecast of 20,000 new persons between 2000 and 2020 is the most likely scenario. Page 5-16 ECONorthwest July 2000 ~DRAFT: Federal Way Market Analysis and Growth Allocation Table 5-5. Impact on housing mix of alternative population forecasts, Federal Way city limits, 2000-2020 Measure' PSRC Medium Low Forecast New population, 2000-20201 27,397 23,500 20,000 Total DU needed 2000-20201 12,272 10,526 8,959 New DU annually 614 526 448 Residential Zones Total DU capacity in residential zones 4,839 4,839 4,839 Total population capacity in residential zones2 12,902 12,902 12,902 Mixed-use zones Implied DU in mixed use zones (MF) 7,433 5,687 4,120 Implied persons in mixed use zones 14,495 10,598 7,098 Implied housing mix Single-family3 31% 37% 43% Multiple-family 69% 63% 57% Source: Analysis by ECONorthwest, 2000 Assumes 2.35 persons per household and 5% vacancy rate From Table 5-1 Based on the City's single family capacity estimate of 3,844 dwelling units CONVERSION OF POPULATION AND EMPLOYMENT TO DWELLING UNITS AND BUILT SPACE The results of this section are largely derived from running the development simulator that outputs dwelling unit and built space demand, by type, for the city limits and for the TAZ study area outside the city limits. We begin the analysis with population and employment forecasts. Table 5-6 summarizes the population and employment forecasts for Federal Way and the TAZ study area outside the city limits for the period between 2000 and 2020. All of the forecasts are derived from the PSRC regional forecasts with the exception of the population forecast for the Federal Way city limits (see the previous section for a discussion of the revised city limit population forecast). DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-17 Table 5-6. Summary of revised population and employment forecasts for Federal Way city limit, TAZ study area, and combined city limits and study area, 2000-2020 Population Employment Year City TAZ Market City TAZ Market limits study Analysis limits study Analysis area Study area Study Area Area 2000 81,150 28,247 109,397 2010 93,431 29,924 123,355 2020 101,150 31,579 132,729 Change 2000-2020 20,000 3,332 23,332 Percent Change 25% 12% 21% 2000-2020 AAG R 2000-2020 1.11% 0.56% 0.97% 29,055 2,291 31,346 33,867 2,466 36,333 37,232 2,839 40,071 8,177 548 8,725 28% 24% 28% 1.25% 1.08% 1.24% Source: PSRC July 1999 Population and Employment Forecasts by TAZ and Annual Population Estimates by Census Tract for 1990 through 1999; revised city limit population forecast by ECONorthwest. Residential development Table 5-7 converts population into new housing unit demand for the period 2000-2020 by area. The analysis assumes a slight increase in persons in group quarters; an average occupied household size of 2.35 persons, and a 5% vacancy rate. The results show demand for about 8,869 new dwelling units in the city limits, 1,470 in the TAZ study area outside the city limits, and 10,339 for both areas combined. Table 5-7. Estimated housing demand, 2000-2020 Housing Need, New DU, 2000-2020 TAZ study Federal Way area (outside city limits city limits) Market Analysis Study Area) Change in persons (2000-2020) -Change in persons in group quarters =Persons in households +Persons per occupied DU =Occupied dwelling units / (1-vacancy rate) =TOTAL NEW DU 20,000 3,332 23,332 200 50 250 19,800 3,282 23,082 2.35 2.35 2.35 8,426 1,397 9,822 95% 95% 95% 8,869 1,470 10,339 Source: ECONorthwest, 2000 An important component of the simulation is an estimate of new dwelling units by type and tenure. The City's capacity database provides reliable data on the distribution of units by type. The best data that are available on tenure, however, are from the 1990 Census. Page 5-18 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation In 1990, about 57% of occupied dwelling units in Federal Way were owner-occupied. A review of Census data on unit type and tenure shows that the majority (92%) of single-family dwellings (detached and mobile homes) are owner-occupied. The Census data suggests a strong correlation between housing type and tenure. Given the land base in Federal Way and recent development trends that suggest a higher percentage of multiple family housing, it is unlikely that the percentage of homeowners will increase; in fact, it is more likely that it will decrease. Table 5-8 shows estimated new dwelling units by type and lot size. The simulation results in a mix of new dwelling units that is 45% single-family and 55% multiple family. The number of single-family housing units the simulation shows (3,991) will be needed within the city limits is slightly higher than the City's capacity estimate (about 3,845 dwelling units), but within what we consider a reasonable margin of error. Table 5-8. Estimated new dwelling units by type and lot size, 2000- 2020 Market An .alysis Federal Stu(ty Area Percent of Way City TAZ Study (city limits + new DU Type Limits Area study area) 2000-2020 Single-family by lot size <5000 559 93 651 6% 5000-9999 2,634 437 3,071 30%' 10000-19999 639 106 744 7% 20,000+ 160 26 186 2% Total Single Family 3,991 662 4,653 45% Multiple family - Duplex 239 40 279 3% Row/Town House 160 26 186 2% Garden Apt 3,681 610 4,291 42% Mid-Rise 798 132 931 9% Total Multiple Family 4,878 809 5,686 55% Total 8,869 1,470 10,339 100% Source: ECONorthwest, 2000 Commercial and industrial development We developed a spreadsheet to simulate demand for new commercial and industrial built space. The estimates of demand for built space use the PSRC sector-level employment forecasts as their basis. The simulation makes several dedUctions from the base employment forecast before applying an assumption about square feet per employee to estimate built space. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-19 Table 5-9 summarizes the assumptions applied in the sector-level simulation. The first assumption is the percentage of employment for each sector; the percentages reflect the PSRC allocation of employment in Federal Way by sector. The next two columns (% of employment that requires no non- residential built space, and the percent of employment that will locate on existing developed land) are deductions from employment that requires new built space: in other words, some of the forecasted employment will be accommodated in space that does not need vacant commercial or industrial land. The vacancy rate increases the amount of new built space needed. Finally, the square feet per employee factor converts employment into built space. Table 5-9. Assumptionsforestimating built space demand, 2000- 2020 Sector % of total ' emp that requires Percent of Percent of no non-res emp on new emp built existing (2000- space developed 2020) /land land Adjust for Sq. ft. vacancy floor rate area/emp Retail 15% 1% 5% 7% 700 FIRES 70% 2% 10% 7% 350 Manufacturing 3% 1% 10% 5% 650 WTCU 5% 1% 10% 5% 600 Education 5% 0% 15% 0% 400 Government 2% 0% 15% 0% 400 Source: ECONorthwest, 2000 Note: the assumptions used by ECO are slightly different than those used in the City's capacity analysis. Table 5-10 shows estimates for built space by employment sector for the period between 2000 and 2020. The estimated demand is for nearly 2.8 million square feet of new built space within the Federal Way city limits, and nearly 3.0 million square feet in the combined city limits and TAZ study area. Because the finance, insurance, real estate, and services (FIRES) sector accounts for 70% of new employment, this sector has the greatest demand for built space. Page 5-20 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 5-10. Estimated demand for new built space by employment sector, 2000-2020 City limits TAZ study Area Total (Market Analysis Study Area) Employees Built Employees Built Employees Built Sector Space (sf) Space (sf) Space (sf) Retail 1,227 761,279 82 51,019 1,309 812,298 FIRES 5,732 1,754,089 384 117,554 6,116 1,871,643 Manufacturing 270 110,022 18 7,373 288 117,395 WTC U 368 154,545 25 10,357 393 164,903 Education 401 t 36,229 27 9,130 428 145,359 Government 180 61,164 12 4,099 192 65,263 Total 8,177. 2,779,935 548 186,304 8,725 2,966,238 Source: ECONorthwest, 2000 EVALUATION OF LAND SUPPLY AND DEMAND BY COMPREHENSIVE PLAN DESIGNATION AND ZONING DISTRICT7 One key objective of this study is to help the City review applications for comprehensive plan designation and zone changes, particularly in mixed-use zones. ECO reviewed historical development data to assess development trends by comprehensive plan designation and zoning. We then correlated types of employment with expected locations to develop an estimate of how. much land is needed for each comprehensive plan and zoning district between 2000 and 2020. The key question posed by City staff is: does the City have enough land designated in different districts to accommodate demand? This question requires additional discussion and clarification. This question suggests several corollaries: · Does the City have enough land zoned for different uses in the right locations? · Is that land serviced, or serviceable? · Are there a variety of parcel sizes available to accommodate different uses? · Can reasonable access be provided? Thus, a simple comparison of employment forecasts and land capacity by zone misses some key points. Nevertheless, the City can still have ~ For the purpose of this analysis we use zoning from the City's capacity database. We assume that zoning and plan designations are generally consistent. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-21 considerable influence over the availability of land for different uses through the rezoning process. Rezoning land, however, should be carefully considered in the broader context of impacts to transportation facilities, public services, and the broader vision the City has for urban form. The answer to this question also depends on what assumptions are applied to the City's capacity estimates and how employment is likely to disperse itself in various zones. Using the City's capacity assumptions and estimates results in a surplus of land under any reasonable employment allocation. Table 5-11 shows the City's capacity estimates for mixed-use zones. The City's assumptions show a capacity for nearly 50,000 additional employees in Federal Way. Table 5-11. Built-space and employment capacity in mixed-use zones in the Federal Way city limit, City of Federal Way estimates Zoning Vacant Total Retail Retail Office Office Industrial Ind Emp Land Capacity Capacity Emp Capacity Emp Cap Capacity Cap Capacity (~250 SF) (@800 (~500 SF) SF) Total Emp Capacity BC 4,464,276 3,123,713 3,123,713 6,247 BN 1,166,926 628,803 628,803 1,258 BP 5,759,269 3,947,675 3,947,675 4,935 CC 355,045 2,118,233 1,588,675 3,177 529,558 2,118 CF 325,575 612,587 459,440 919 153,147 613 CP-1 4,081,827 640,756 640,756 2,563 OP 3,472,513 3,158,995 3,158,995 12,636 OP-1 3,588,298 3,156,967 3,156,967 12,628 OP-2 0 0 0 0 OP-3 241,977 212,890 212,890 852 OP-4 216,413 126,933 126,933 508 PO 499,622 317,597 317,597 1,270 Total 24,171,741 18,045,147 5,800,630 11,601 8,296,842 33,187 3,947,675 4,935 6,247 1,258 4,935 5,296 1,531 2,563 12,636 12,628 0 852 508 1,270 49,723 Source: City of Federal Way, March 2000 Table 5-12 shows a comparison of City and ECO capacity estimates to forecast employment. The employment allocation by zone is based on the amount of built space in various zones by type of employment. Under both scenarios, the City has enough capacity to accommodate the 20-year employment forecast. Several districts, however, achieve more than 50% buildout: BN, CF, CP-1, and PO. The City should pay close attention to zone change requests in the BN district: this district provides the majority of the City's land base for neighborhood business uses. The City should also pay close attention to development in the CF zone: this is the City Center Frame district and is crucial for achieving the City's vision. Page 5-22 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 5-12. Comparison of City and ECO capacity estimates to employment forecast Absorption Zoning City Emp ECO Emp 2000-2020 City ECO Capacity Capacity Emp Allocation BC 6,247 3,124 1,495 24% 48% BN 1,258 629 471 37% 75% BP 4,935 3,948 526 11% 13% CC 5,296 4,539 1,008 19% 22% CF 1,531 1,313 1,069 70% 81% CP-1 2,563 1,098 653 25% 59% OP 12,636 5,415 2,453 19% 45% OP-1 12,628 5,412 314 2% 6% OP-2 0 0 0 Na Na OP-3 852 213 0 0% 0% OP-4 508 127 4 1% 3% PO 1,270 272 139 11% 51% Total 49,723 26,090 8,177 16% 31% Source: City of Federal Way, March 2000 GROWTH ALLOCATION (TAZS) The previous section converted new population and employment into demand for new dwelling units and built space. This section summarizes the methods we used to allocate that growth to the 216 transportation analysis zones (TAZs) within the Federal Way TAZ study area. We began this analysis by reviewing the assumptions underlying the City's capacity analysis. Chapter 3 concluded that the City's methodology represents capacities that are closer to the theoretical allowable capacity than to what recent development trends suggest the market will build to. Based on our review of development trends (see Chapter 4), we made adjustments to the Citfs capacity floor area ratio (FAR) assumptions that are the basis for the City's estimates for mixed-use zones. Table 5-13 compares the City's initial FAR assumptions with the revised assumptions applied by ECO to develop capacity estimates that better represent recent development trends and allocate that capacity to TAZs. The assumptions applied by ECO are lower than the implied FAR assumptions used by the City (building footprint*number of floors). They are, however, higher than observed FARs. Our analysis assumes a tightening land supply and City policies that will result in higher observed FARs over the next 20 years. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-23 Table 5-13. Comparison of observed and assumed FAR Observed Observed FAR, Implied ECO FAR, All Development Zoning FAR Assumption Development since 1995 Observed Density of Recent Projects BC 2.35 0.35 0.17 0.35 0.10 BN 2.35 0.35 0.17 0.11 BP 2.35 0.35 0.16 0.24 CC 7.60 0.75 0.21 0.47 0.26 CF 4.50 0.75 0.29 0.51 CP-1 3.35 0.60 0.10 OP 3.35 0.60 0.34 0.45 0.55 OP-1 3.35 0.60 0.43 0.35 OP-2 3.35 0.60 0.60 0.38 OP-3 3.35 0.35 Na 0.38 OP-4 2.35 0.35 0.00 PO 2.35 0.30 O. 18 Source: Federal Way Capacity Analysis, ECONorthwest, 2000 ECO's allocation of growth to TAZs is based on our evaluation of land capacity, development trends, and feedback from the development community during a focus group session. To make the task of allocating growth to 216 TAZs more manageable, we grouped TAZs into 20 sub-areas' inside the city limits, and one sub-area outside the city limits. Each sub-area was assigned a development priority (1-high, 2-medium, and 3-1ow) for residential, office, and retail development. The development priority reflects a number of market factors: availability of land, access, services, desirability for specific types of development, and other factors discussed during the focus group session. The final step in the analysis is to allocate development in five-year increments. To accomplish this, we developed a matrix that began with 100% of development and allocated specific percentages to each five-year increment. Sub-areas identified as high priority for development are generally weighted so that development is allocated earlier in the 20-year period. Sub-areas with low priority are weighted for development later in the 20-year period. Finally, development in sub-areas is allocated for each five-' year period. Tables 5-14, and Maps 5-1, 5-2, and 5-3 show the allocation results by subarea. The table summarizes population and employment, dwelling units by type, and built space by broad employment sector. Page 5-24 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Table 5-14. Allocation summary by subarea Subarea New Pop New Emp N - North 3,536 322 N C 1,299 140 EL - Easter Lake 707 535 ML - (Central) Mirror Lake 271 15 L - Lakota 359 56 NW- Northwest 66 20 SL - Steel Lake 312 118 CC - City Center 1,245 1,199 ECN - East Campus North 2,038 764 NW- (Part) Twin Lakes 188 136 WCN - West Campus, North 533 31 KC - Kitts Corner 1,448 1,531 WC - West Campus 362 728 NW- Northwest (Except Twin Lakes) 404 23 ECS- East Campus South ' 615 370 KCS - Kitts Corner 1,048 731 SW - SouthWest 2,886 362 C348 - 348th Corridor 563 673 HW - Hylebos Wetlands 249 81 SR 18 @ I-5 443 258 SC - South Central 759 43 S - South 714 40 EP - Enchanted Park 0 0 Total City Limits 20,045 8,176 Outside City Limits TAZ Study Area 3,326 562 Total All Areas 23,371 8,738 Dwelling Units SF MF TotalDU 1,157 408 1,565 523 52 575 114 199 313 120 0 120 136 23 159 0 29 29 75 63 138 0 551 551 0 902 902 0 83 83 16 220 236 0 641 641 0 160 160 179 0 17(. 192 80 27; 0 464 46z 859 418 1,277 0 249 249 0 110 110 6 190 196 324 12 336 287 29 316 0 0 0 3,988 4,883 8,871 664 808 1,472 4,652 5,691 10,343 Built Space Office Retail Other Total 41,282 0 10,321 51,603 22,718 0 5,680 28,398 167,228 0 41,807 209,035 0 0 0 0 11,923 0 2,981 14,904 5,437 0 1,359 6,796 34,005 0 8,501 42,506 381,669 0 95,417 477,087 219,408 0 64,852 274,259 0 53,053 0 53,053 343 125 86 553 452,039 47,459 113,010 612,508 106,633 165,822 26,658 299,113 0 0 0 0 113,500 0 28,375 141,874 0 283,946 0 283,946 0 64,359 0 64,359 216,655 0 54,164 270,819 0 28,229 0 28,229 0 98,286 0 98,286 0 0 0 0' 0 0 0 0 0 0 0 0 1,772,839 761,279 443,210 2,977,327 118,811 51,019 29,703 199,532 1,891,650 812,298 472,912 3,176,860 Source: ECONorthwest, 2000 Note: Office uses include all employment in FIRES and Government, and 50% of employment in WTCU (see Table 5-10). Table 5-15 shows allocation of population and employment by subarea and by five-year increment. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-25 Map 5-1 2000 Federal Way Market Study Population Allocation By TAZ, 2000-2020 Fed~ai F acoma /E C Scale: 1 to 62040 1 inch equals 5170 Feet 0 1 Mile Legend: Population increase O-45 46-143 144-288 289-572 Morethan573 Area Key A- North 8- NC C - EL (Easter Lake) D - ML (Central Mirror Lake) E - Lakota F- NW G - SL (Steel Lake) H- CC (City Center) I- ECN (East Campus, North) J- NW Part (Twin Lakes) K- WON (West Campus North) Milton L- KC (Kitts Comer) M- WC (West Campus) N - NW Part (except Twin Lakes) 0 - ECS (East Campus South) P- KCS (Kit'ts Corner) Q- SW R - C348 (348th Corridor) S - HW (Hylebos WeMands) T-SR18@1-5 U - SC (South Central) V- S - South W- EP (Enchanted Park) i Map Date: May, 2000. City of Federal Way, 33530 First Way S. Federal Way, WA 98003 (253) 661-4000 This map is intended for use as a graphical representaMon ONLY. The C~ of Federal Way makes no warranty as to its accuracy.  GI$ DIVISION /userslmikes/landlpop.arnl Map 5-2 2000 Federal Way Market Study Employment Allocation By TAZ, 2000-2020 B Federal F C : I Milton Scale: 1 to 82040 1 Inch equals 5170 Feet 0 1 Mile Legend: Employment Increase 0-19 20 - 61 62 - 129 ~ 130 - 256 ~ More than 257 Area A- North B-NC C - EL (Easter Lake) D - ML (Central Mirror Lake) E - Lakota F- NW G - SL (Steel Lake) H - CC (City Center) I - ECN (East Campus, North) J- NW Part (Twin Lakes) K - WCN (West Campus North) L- KC (Kitts Comer) M- WC (West Campus) N- NW Part (except Twin Lakes) 0 - ECS (East Campus South) P- KCS (Kit'ts Corner) Q- SW R - C348 (348th Corridor) S - HW (Hylebos Wetlands) T-SR18~1-5 U - SC (South Central) V - S - South W- EP (Enchanted Park) Map Date: May, 2000. City of Federal Way, 33530 First Way S, Federal Way, WA 98003 (253) 661-4000 This map is intended for use as a raphical representation ONLY. The ity of Federal Way makes no warranty as to its accuracy. GIS DIVISION luserslmikesllandlemD.aml Map 5-3 2000 Federal Way Market Study Dwelling Unit Allocation By TAZ, 2000-2020 B J Fedellal C Tacoma Milton \ Scale: 1 to 62040 1 Inch equals 5170 Feet 0 1 Mile Legend: Owelling Unit increase O-29 30 - 75 76-127 128-275 Morethan 275 Area Key A- North B-NC C - EL (Easter Lake) D - ML (Central Mirror Lake) E - Lakota F- NW G - SL (Steel Lake) H - CC (City Center) l - ECN (East Campus, North) J- NW Part (Twin Lakes) K- WCN (West Campus North) L- KC (Kitts Corner) M- WC (West Campus) N - NW Part (except Twin Lakes) 0 - ECS (East Campus South) P - KCS (Kitts Comer) Q- SW R - C348 (348th Corridor) S- HW (Hylabos WetJands) T-SR18~l-5 U - SC (South Central) V - S - South W- EP (Enchanted Park) Map Date: May, 2000. City of Federal Way, 33530 First Way S, Federal Way, WA 98003 (253) 661-4000 This map is intended for use as a graphical representation ONLY The City of Federal Way makes no warranty as to its accuracy. GIS DIVISION luserslmikesllandldu.aml Table 5-15. Growth allocation by subarea and time period 2000-2005 2006-2010 2011-2015 2016-2020 Total Subarea Pop Emp Pop Emp Pop Emp Pop Emp Pop Emp N - North 707 64 707 64 1,061 96 1,061 96 3,536 32~ NC 260 7! 260 14 390 49 390 70 1,299 EL - Easter Lake 141 27 141 53 212 187 212 267 707 535 ML - (Central) Mirror Lake 54 2 54 2 81 5 81 7 271 15 L - Lakota 108 6 108 6 1 08 19 36 25 359 58 NW - Northwest 13 2 13 2 16 6 23 10 66 2(3 S L - Steel Lake 62 12 62 12 78 35 109 59 312 118 CC - City Center 374 24(3 374 240 249 360 249 360 1,245 1,19(J ECN - East Campus North 611 76 611 267 408 267 408 153 2,038 764 NW - (Part) Twin Lakes 38 54 38 48 47 34 66 0 188 136 WCN - West Campus, North 267 6 160 11 53 11 53 6 533 35 KC - Kitts Corner 290 383 290 383 362 383 507 383 1,448 1,531 WC - West Campus 72 73 72 182 108 255 108 218 362 728 NW - Northwest (Except Twin Lakes) 121 6 121 8 81 5 81 5 404 23 ECS - East Campus South 307 37 184 37 61 111 61 185 615 370 KCS - Kitts Corner 315 292 315 256 210 183 210 (~ 1,048 731 SW - SouthWest 577 91 577 109 866 109 866 54 2,886 362 C348 - 348th Corridor 225 67 169 67 113 202 56 336 563 673 HW - Hylebos Wetlands 50 28 50 24 50 16 99 12 249 81 SR 18 @ I-5 177 52 133 52 89 77 44 77 443 256 SC - South Central 304 9 228 9 152 13 76 13 759 43 S - South 143 4 179 4 179 12 214 20 714 40 EP - Enchanted Park 0 0 0 0 0 0 0 (3 0 0 Total City Limits 5,216 1,537 4,846 1,849 4,973 2,436 5,011 2,356 20,045 8,179 Outside City Limits TAZ Study Area 830 141 830 141 830 141 830 141 3,322 562 Total All Areas 6,046 1,677 5,676 1,989 5,803 2,577 5,841 2,498 23,367 8,741 Source: ECONorthwest, 2000 Note: Years may not add to total for sub-areas due to rounding. CONCLUSION AND SUMMARY The City of Federal Way Market Analysis updates the previous market analysis prepared for the 1995 City of Federa! Way Comprehensive Plan. The purposes of the Market Analysis were to determine how fast and with what type of development different areas of the City will grow. Specifically, it described: · The kind of growth to be anticipated in the next 20 years (2000 - 2020), broken down in five-year increments. · The areas, by City Transportation Analysis Zone (TAZ) and City zoning district that will receive this growth by 2020. · Future land and redevelopment space needs. Page 5-26 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation ECO reviewed both demand for land in Federal Way and the supply of land. ECO's key conclusions are: The PSRC population forecast for the Federal Way city limit between 2000 and 2020 (27,397) probably overestimates the amount of population growth. Historical development trends in Federal Way, land supply, and regional factors all point to a lower rate of growth than forecast by PSRC.8 The housing mix implied by the City's capacity estimates (nearly 70% multiple family) does not reflect current market trends in the region or Federal Way. Moreover, our analysis of demographics, comparable communities, and City policies, provided no evidence that this mix could realistically be achieved. The market analysis assumes a housing mix of 55% multiple family. This figure is slightly higher than recent development trends in Federal Way. The majority of the City's residential capacity is in mixed-use zones. Our evaluation of recent development trends showed that (1) residential development has not occurred at the densities assumed in the City's capacity estimates, and (2) the mix of residential to employment in mixed-use zones is below the assumptions in the City's capacity estimates. The City may have too much land designated for mixed-use development. The risk this poses is that development is dispersed and the City fails to meet its City Center objectives. Our evaluation of residential capacity is that the City should consider either (1) zoning more land for strictly residential use (primarily multiple family), or (2) relax regulations in some mixed use zones or in selected areas to allow horizontal mixed use (i.e., not requiring ground floor retail or office use). The PSRC employment forecast of 8,177 is consistent with recent market trends. PSRC forecasts that 70% of new employment will be in the finance, insurance, and real estate sector. Our evaluation is that under any set of assumptions, Federal Way has enough land zoned for employment to accommodate this forecast. Recent commercial and office development has occurred at densities - that are far below those applied in developing the City's capacity estimates. This is not to imply that the City cannot meet the densities assumed in its capacity assumptions, but to point out that the City will need to make a concerted effort to encourage higher density development. ~ ECO developed a separate TAZ-level population allocation based on the PSRC population forecast of 27,397. This allocation was necessary because the PSRC numbers add up to regional control totals. Our evaluation is that it will take Federal Way more than 20 years to achieve the PSRC forecast. This allocation is not presented in this report. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page 5-27 Some alternative actions that could be undertaken by the City to shift its future population/employment balance are: 1. Adopt, and plan for, lower estimates of population growth. 2. Rezone land to add more residential capacity, or otherwise facilitate residential development (e.g., changes to development regulations). The City has taken many steps already to encourage both higher residential densities and mixed-use development. However, mixed-use development is an emerging trend that many developers have little experience with. The City should pay close attention to the perspectives of developers when reviewing applications, particularly for mixed-use developments. Page 5-28 ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation Terms and Acronyms Buildable Land - Vacant or partially vacant land (a developed tax lot that has a large enough vacant remainder to permit additional development) that is not constrained physically and has services available. FAZ - These refer to the 219 PSRC Regional Forecast Analysis Zones covering the Central Puget Sound Region. Gov/Edu - Government and Education. FIRES - Finance, Insurance, Real Estate, and Services Sector. Lands Suitable for Development (Buildable Lands) - Vacant or redevelopable land that is (a) designated for commercial, industrial, or residential use; (b) not intended for pubhc use; (c) not constrained by critical areas in a way that limits development potential and makes new construction unfeasible. Manu - Manufacturing PAA - Potential Annexation Area PSRC - Puget Sound Regional Council of Governments TAZ (City) - These refer to the 216 Transportation Analysis Zones that cover the City and areas outside of the City (Please refer to Map 1-1) TAZ (PSRC) - These refer to the PSRC Transportation Analysis Zones which are larger than the City TAZs UGA - Urban Growth Area Vacant Land - Land that has no structures. For the purposes of the City's analysis, parcels with improvement values of $0 were classified vacant. WCTU - Wholesale, Transportation, Communication and Utilities DRAFT: Terms and Acronyms ECONorthwest July 2000 Page I Appendix A Capacity Study Methods This Appendix contains documentation of the methods used by the City of Federal Way in development of its land capacity analysis. The City updated the land capacity analysis in January 2000, and provided the revised land capacity database to ECONorthwest in February 2000 for the completion of the market analysis and growth allocation project. METHODS APPLIED BY THE CITY The source of this information is King County AssessorDs records, accessed through MetroScan. In cases where there is no parcel information (recently subdivided areas, etc) the lot square footage was generated by GIS. Parcels were evaluated based on current ownership and future plans. The following parcels were excluded: · Parcels owned by public agencies, which are unlikely to be developed. · Any parcel with a current building permit. · Parcels unlikely to ever be developed (cemeteries, under the BPA power lines) Vacant parcels associated closely with developed parcels (parking for St. Francis Hospital, the plaza at Weyerhaeuser's West Campus) Parcels were divided into 3 categories, Fully Developed (and excluded parcels) Redevelopable and Vacant. Vacant parcels have an improvement value of 0. Commercial/Industrial Redevelopable parcels are defined as parcels where the ratio of improvements to land value is less than 50%. In residential areas, Redevelopable is defined differently. In Single Family areas, lots, which can be divided 2.5 times or more, are redevelopable. In Multi-Family areas, lots, which have a single-family residence or a duplex, are Redevelopable. Only Vacant and Redevelopable parcels were included in this survey. Residential parcels were further divided into the categories Sub- dividable, NOT sub-dividable, and recently subdivided. For residential zones, some discounts were not applied to the latter two categories. DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page A-1 Critical areas were taken out at the parcel level. These include (1) wetlands (except wetlands under 2500 sf,) (2) wetland buffers, (3) streams and (4) steep slopes (greater than 40% slope.) The resulting square footage is the buildable area. The data source for wetlands, buffers and streams is the City's 1998 wetland study. The source of steep slope data is contour information, stored in the City§s GIS. Square feet of buildable land was aggregated by zone, and the amount of building area that could be developed in each zone was computed. For commercial zones, several discounts were removed from the total, including Right of Way, Public Purpose, Building Footprint (commercial only) and Market Factor. The square footage was multiplied by the number of stories that are likely. These factors varied by zone and development category (vacant and redevelopable.) For residential zones, the total square feet was divided by the zone's minimum lot size, and a similar set of discounts were applied, with the exception of Building footprint. Since some residential uses are allowed in commercial zones, a percentage of these zones was counted in residential categories. The total building square feet in these zones was divided bythe percentage allocated to residential, and the resulting figure was divided by the average unit size, which varies by zone. The remaining commercial square footage was divided by a factor to establish the number of employees possible. See Notes for the figures used. NOTES - CAPACITY STUDY COMMERCIAL/OFFICE USES I & II. Vacant & Redevelopable A. CC/CF Public Purpose Factor: 1.0 instead of 0.98 as development of additional pubhc facilities in the Core/Frame (schools, churches, etc) is unlikely. B. CP'I Market Factor: Set to 0.1, as any additional development is unlikely in this zone. III. Summary 1. Percent of Zone that is Residential: This figure is simply a best guess. Page~-~ ECONorthwest July 2000 DRAFT: Federal Way Market Analysis and Growth Allocation 2. Unit Size: Unit size was selected to reflect the type of residential development that will likely occur in each zone. In zones other than CC and CF, the smaller size accounts for the fact that development will likely be a mix between standard residential uses and assisted living or senior housing. In OP, the size of 500 square feet is used, as only senior housing is allowed. IV. Employment Summary 1. CC/CF Retail/Office split: A breakdown of 75% retail and 25% office was used. 2. Average Square Feet per Worker: The figures used (500- commercial, 250 - office and 800 manufacturing) are standard figures. RESIDENTIAL USES II. Parcels Not Subdividable, Not subject to discounts: Parcels included in this category are too small to legally subdivide. They will be counted as having one potential unit per case, with only a market factor discount being removed. III. Vacant, not subject to discounts: This includes areas, which have been recently subdivided. As all parcels are highly likely to fully develop, no discounts are taken - even a market factor. Also included are areas governed by development agreement, where the number of housing units is set (Residential North.) DRAFT: Federal Way Market Analysis and Growth Allocation ECONorthwest July 2000 Page A-3 A I. VACANT LOT NET R.O.W. COMMERCIAL/OFFICE USES + SUMMARY 1999 Capacity Analysis (BASED ON 1999 ASSESSOR RECORDS AND FEDERAL WAY GIS DATA) (Parcels with an improvemnt value of $0) PUBLIC MARKET BUILDING SUB-TOTAL OF TOTAL PURPOSE FACTOR FOOTPRINT BUILDABLE # OF BUILDABLE ZONING SQ. FT. FACTOR FACTOR (10%*) BC 4,464,276 0.95 0.98 0.90 -B-N 1,166,926 0.95 D~'8 0.90 'B~2~ 'b~)~J 0.~8 0.90 ~ ~ 0.85 ~ .~ 0.~ -OP- 3,472,5~ 3 0.95 0~8 0.~ 3,588,298 OP-3 241.977 0 95 'bP;4 ............. 216,413 ........ ~ "499T6~22 FACTOR SQ. FEET 0.35 1,309,216 '~.35 '" 342,219 0.60 162,966 0:,~0 124, $'3"2' 1,018,366 0.98 ~:~)- b-.~,~322 ~ i~.3~J o 0 90 0 35 70.963 0.95 FLOORS SQ FT 2 2,618,432 2 684, ~-~'}'-- 7 1,140,760 0.98 3 ' ' 098 3 ..... 212.890 .......... 0.98 .............. d 90 .............. 0 35 ............... ~31466 ......... 2' ..... 1'26.933 .... ~2~00 TOTAL: 24,171,741 6,112,571 15,563,694 II. REDEVELOPABLE (Parcels where the ratio of improvements to land value is less than 50%) LOT PUBLIC MARKET BUILDING SUB-TOTAL OF TOTAL EXISTING NET NET R.O.W. PURPOSE FACTOR FOOTPRINT BUILDABLE #OF BUILDABLE BUILDING BUILDABLE ZONING SQ. FT. FACTOR FACTOR (17%*) FACTOR SQ. FEET FLOORS SQ FT SQ FT SQ FT BC 4,337,392 0.95 0.98 0.83 0.35 1,173,072 2 2,346,143 302,317 2,043,826 BP 1,984,407 0.95 0.98 0.83 0.35 536,694 2 1,073,388 65,066 1,008,322 b:~:)~----~?bT60~3 ...... 7 ~3~ 2.~.:~2~--- -;I--§~ ~5-1~r~ ~, ~-§~?b~5- '~1~' 577,795 0.85 1.00 0.83 0.50 203,817 4 815,269 88,226 727,043 CP-1 2,637,725 0.95 0.98 0.10 -(~:~5 -~3 ............. ~ .......... 2'5'~'~ ¥ ~--"- '~ ~-1~--- '--' ~ ~;1~ ~- OP-1 0 0.95 0.98 0.83 0.35 "~- ......... -~ ............. 6 5 ...... -O-- OP-2 0 0.95 0.98 0.83 0.35 0 3 0 0 0 OP-4 0 0.95 0.98 0.83 0.35 ~0~ ......... ~ ......... O-- ~ ~-' 11,788,927 2,778,417 8,559,987 709,831 7,850,156 III. SUMMARY (Break-down belween residential uses and non-residential uses) + * = I = = BUILDING BUILDING SIZE OF # OF M.F. FINAL TOTAL % OF RESIDENTIAL UNITS DWELLING BUILDABLE ZONING SQ. FT. RESIDENTIAL SQ. FT. SQ. FT. UNITS SQ. FT. BO 4,662,258 0.33 1,538,545 1,000 1,539 3,123,713 'CF ............. i:2~:iY~' .............. ~:50' ....... ~:~Y ..... Y~' -~'E 612,587 'C'~:~~ ........... ~:~S~-~:00' o o '~ ............... 3T~09~ ..... 6~b' 350,999 5~ 702 3,158,995 OP-2 0 0.00 0 0 0 OP-3 212,890 0.00 0 0 212,890 PO 317,597 0.00 0 0 317,597 TOTAL: 23,413,850 7,329 18,045,147 POSSIBLE NEW HOUSING UNITS: RESIDENTIAL ZONES: 4,839 UNITS NON-RESIDENTIAL ZONE 7~329 UNITS TOTAL: 12,168 UNITS POSSIBLE NEW COMM./INDUST. SF: TOTAL: 18,045,147 SQ. FT. POSSIBLE NEW EMPLOYEES: TOTAL: 49,723 IV. EMPLOYMENT SUMMARY -I- -I- FINAL BUILDING ZONING SQ. FT. RETAIL SF BC 3,123,713; 3,123,713 I~ .................~'8~d~ 628,803 BP 3,947:~ i ~ '~ ~26,833~ ~:_126,933 sos~ EMPLOYEES (500 SFI OFFICE SF 6,247 1,258 f (Summary of how many employees can be accomodated per zone) + I + I TOTAL EMPLOYEES EMPLOY NUMBER (250 SEI MANUFACT. SF (800 SF1 EMPLOYEES  6,247 3,947,675 4,935 ~ 4,935 ! '~;~296 7 1,531 '~'2- 508 ms J~newcap8.wb3 Sheet C TOTAL: 18,045,147 1~ 5,800,630 11,601 8,296,842 33,187 * Break-down between Retail and Office Uses: 75% Retail, 25% Office 3,947,675 4,935 I 49,723 07/03/00 04:58 PM B RESIDENTIAL USES 1999 Capacity Study (BASED ON 1999 ASSESSOR RECORDS AND FEDERAL WAY GIS DATA) I. VACANT (Parcels with an improvemnt value of $O) 4- * * * = PUBLIC MARKET TOTAL OF MINIMUM BUlLDABLE LOTS R.O.W. PURPOSE FACTOR BUlLDABLE ZONING LOT SIZE SQ. FEET FACTOR FACTOR It0%) LOTS RM1800 1800 350,622 195 0.90 1.00 0.90 158 ~2~00 RM2400 2400 ~-65,926 194 0.90 1.00 0.90 157 RM3600 3600 1,618,001 449 0.90 1.00 0.90 364 -R~J~. ~~ 15000 5,647,806 377 0.85 0.90 0.90 259 RS35.0 35000 1,590,141 45 0.85 0.90 0.90 31 RSS.0 5000 981,782 196 0.85 0.90 0.90 135 RS7.2 7200 9,381,989 1,303 0.85 0.90 0.90 897 RS9.6 9600 6,971,064 726 0.85 0.90 0.90 500 SE 217800 ~-~, 178 3 0.85 0.90 0.90 2 TOTAL: 3,489 2,604 REDEVELOPABLE (Single Family: Parcel can be divided 2.5 times +, Multi-Family: Current use is single family or duplex) 4- * . · .. PUBLIC MARKET SUB-TOTAL OF SUB-TOTAL OF TOTAL OF MINIMUM BUILDABLE LOTS R.O.W. PURPOSE FACTOR BUILDABLE EXlSING BUILDABLE ZONING LOTSlZE SQ. FEET FACTOR FACTOR 117%) LOTS UNITS LOTS RM1800 1800 316,216 176 0.90 1.00 0.83 131 42 89 RM2400 2400 217,168 90 0.90 1.00 0.83 68 12 56 RM3600 3600 2,260,764 628 0.90 1.00 0.83 469 380 89 RS15.0 15000 11,783,235 786 0.85 0.90 0.83 499 144 355 RS35.0 35000 2,696,218 77 0.85 0.90 0.83 49 22 27 RS5.0 5000 445,367 89 0.85 0.90 0.83 57 5 52 RS7.2 7200 12,045,524 1,673 0.85 0.90 0.83 1,062 309 753 RS9.6 9600 4,780,667 498 0.85 0.90 0.83 316 124 192 SE 217800 1,474,908 7 0.85 0.90 0.83 4 3 1 TOTAL: 4,024 2,655 II. PARCELS NOT SUBDIVlDABLE - NOT SUBJECT TO MOST DISCOUNTS - VACANT + * # OF PUBLIC MARKET TOTAL OF LOTS R.O.W. PURPOSE FACTOR BUlLDABLE ZONING FACTOR FACTOR (10%) LOTS RM1800 0 N/A N/A 0.90 0 RM2400 0 N/A N/A 0.90 0 RM3600 0 N/A N/A 0.90 0 RS15.0 233 N/A N/A 0.90 210 RS35.0 24 N/A N/A 0.90 22 R ~ 5'i'{~' .................................................................. o N/A N/A 0.~"'{~b-~ ............. RS7.2 161 N/A N/A 0.90 145 ~'{~ .................. :~'~)~'~N"~-~ N/A 0.90 161 SE 0 N/A N/A 0.90 0 TOTAL: 897 537 t041 1,614 (Un-subdividable Parcels) III. VACANT, NOT SUBJECT TO DISCOUNTS* (Recently Subdivided or) 4. = subject to a development # OF PUBLIC MARKET TOTAL OF agreement) LOTS R.O.W. PURPOSE FACTOR BUlLDABLE ZONING FACTOR FACTOR (10%) LOTS RM1800 0 N/A N/A N/A 0 RM2400 0 N/A N/A N/A 0 RM3600 82 N/A N/A N/A 82 RS15.0 I N/A N/A N/A 1 RS35.0 0 N/A N/A N/A 0 RSS.0 I N/A N/A N/A 1 RS7.2 83 N/A N/A N/A 83 RS9.6 17 N/A N/A N/A 17 SE 0 N/A N/A N/A 0 TOTAL: 184 This category includes recently subdivided lots which are likely to f '~velop, as well as areas governed by development agreements, 184 Note: NS = 'D' # OF ZONING LOTS RM1800 247 '~-M~74~' 213 RM3600 535 ~'¥~'~ -- 825 k~35.o 80 ~ .-d 188 RS7.2 1,878 RS9.6 870 SE 4 ~-O~E-~ J~ 7,329 ITOTAL: ! 12,168 i:~newcap8.wb3 Sheet D 07103/00 05:00 PM AppendixB Regional Development Patterns Federal Way is part of the larger, Puget Sound real estate market. Analysis of regional development trends provides a better understanding of factors affecting development in Federal Way. Our analysis of regional development patterns is based on building permit data from PSRC. To supplement building permit data, ECO reviewed a number of market studies of the Puget Sound region. We crosschecked and supplemented this information with secondary real estate information sources including, CB Richard Ellis, Dupre and Scott, and Mundy Associates, as well as discussions with local brokers and developers. REGIONAL MARKET OVERVIEW CB Richard Ellis prepares quarterly market reports for housing, retail, office, and industrial development in the Puget Sound region. The reports break the region into five or six sub-markets depending on the type of development: downtown Seattle, the North-end, the South-end, Tacoma/Pierce County, Eastside, and Snohomish County. Federal Way is usually included in the South-end market (housing, retail space, office), and is not specifically classified in an industrial sub-market. At the regional level, the general market outlook is for strong continued growth of all types (CB Richard Ellis). In the short run, population and employment, the two key economic drives of the Puget Sound development market, are forecast to grow at a slower pace then during the late 1990s. Long run forecasts developed by PSRC indicate that substantial population and employment growth will occur in the region over the next 20 years. A number of factors will affect where that growth locates. When choosing where to live, households consider factors such as: access to work; access to shopping, recreation and friends; public services; neighborhood characteristics, and type and size of housing. Businesses consider location, transportation facilities, taxes, as well as other factors. Some factors point to growth in the south end of King County, and Federal Way. According to the Puget Sound Business Journal, congestion, high rental rates, and limited access in Seattle and surrounding areas are' making south King County more desirable for development. Federal Way's location in the I-5 corridor between Tacoma and Seattle also provides easy access. The following sections provide a more detailed overview of residential, retail, office, and industrial development in the Puget Sound region over the past decade. Appendix B: Regional Development Patterns ECONorthwest July 2000 Page B-1 RESIDENTIAL Figure C-1 shows residential building permits issued in incorporated areas of Puget Sound counties between 1991 and 1998. The data show that the region approved relatively comparable numbers of single-family and multiple family building permits between 1991 and 1995. The most notable trend is the increase in multiple family construction since 1995. Figure C-1. Residential building permits issued in incorporated areas Puget Sound Counties (King, Kitsap, Pierce, Snohomish), 1991-1998 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000  = Multiple family I -' Mobile homes ~ & Single-family 91 92 93 94 95 96 97 98 Yea r Source: PSRC Permit Data, 2000. Table C-1 provides a regional summary of building permits issued for new residential construction. The data show that King County approved more than 6,000 units each year between 1991 and 1998. Moreover, King County accounted for more than 60% of all residential permits issued during this period. Table C-1. Residential building permits issued by type, incorporated areas of Puget Sound counties, 1991-1998 County Single- Multiple Mobile Total Units Avg family family Home Annual Units King 30,161 1,105 16,873 48,127 6,016 Kitsap 1,083 379 1,981 3,443 430 Pierce 2,427 196 7,053 9,676 1,210 Snohomish 8,207 379 11,730 20,316 2,540 Source: PSRC Permit Data, 2000 Table C-2 shows residential building permits issued by type for cities in King County between 1991 and 1998. Federal Way ranked 6th out of King County cities in terms of the number of building permits issued annually Page B-2 ECONorthwest July 2000 Appendix B: Regional Development Patterns during this period. PSRC data (Table C-2) indicate that Federal Way issued about 2,089 residential building permits, or about 261 permits annually during this period. Nearly two-thirds of the multiple family permits issued in Federal Way were for complexes with 50 or more units. No permits for demohtions were issued in Federal Way between 1991 and 1998. Table C-2. Residential building permits issued by type, King County cities, 199'1-1998 Single- Mobile Total family homes SF Units Seattle 2,279 37 2,316 Bellevue t ,556 1 1,557 Kent 2,013 142 2,155 Renton 1,121 23 1,144 Redmond 1,086 23 1,109 Auburn 1,168 268 1,436 Kirkland 772 772 Issaquah 651 11 662 Enumclaw 671 147 818 Bothell 360 19 379 North Bend 507 10 517 Duvall 570 5 575 Newcastle 213 -1 212 Black Diamond 305 1 306 Mercer Island 253 253 Shoreline 268 5 273 Des Moines 232 4 236 Snoqualmie 224 2 226 Maple Valley 143 86 229 Burien 184 3 187 Woodinville 65 3 68 SeaTac 104 65 169 Tukwila 126 126 Carnation 165 4 169 Pacific 134 7 141 Algona 153 28 181 Lake Forest 95 95 Park Kenmore 66 3 69 Normandy Park 56 56 Covington 25 1 26 Milton 26 26 Yarrow Point 15 15 Clyde Hill 14 14 Skykemish 6 1 7 Beaux Arts 2 2 Hunts Point -4 -4 Medina -20 -20 ~ Duplex Triplex/ 5-9 10-19 20-49 50 or Total Quad Units Units more MF Units Units 1,161 1,338 1,450 1,539 3,560 7,206 16,254 150 333 453 398 766 1,842 3,942 31 388 455 25 155 1,198 2,252 89 417 528 639 60 391 2,124 4 16 27 52 414 1,622 2,135 75 215 147 145 53 56 6 12 21 37 4 24 1 3 4 4 18 20 8 10 20 3 14 2O 6 24 3 2 4 15 2 44 131 135 79 679 337 513 294 370 1,806 228 124 278 398 1,137 6 12 62 98 101 376 32 50 617 130 62 220 0 8 208 216 7 11 18 22 81 129 35 73 22 24 64 23 0 34 25 198 253 47 50 t2 90 21 123 0 2 19 Source: PSRC Permit Data, 2000. 8 2 0 0 0 0 0 0 0 0 3 Demo- New Avg litions Units- Annual Demo Units -2,566 21,136 2,642 -84 5,583 698 -17 4,424 553 -16 3,284 41! -2 3,246 406 2,115 264 -32 2,61o 326 -4 1,803 225 916 115 -5 1,001 125 737 92 575 72 428 54 317 40 -8 390 49 346 43 -2 302 38 249 31 229 29 221 28 321 40 219 27 -2 251 31 169 21 t43 18 0 200 25 103 13 71 9 56 7 26 3 26 3 15 2 14 2 0 7 1 2 0 -4 -1 -17 -2 Appendix B: Regional Development Patterns ECONorthwest July 2000 Page B-3 Table C-3 shows housing indicators for selected King County communities. The data indicate that all of the selected cities are getting a . relatively high mix of multiple family housing. Federal Way approved about 313 new dwelling units annually between 1996 and 1998; 62% of the approvals were for multiple family dwelling units. Only 1% of new dwelling units approved between 1996 and 1998 were through redevelopment. Table C-3. Housing indicators for selected King County communities Indicator Federa!Way Auburn Burien Kent SeaTac Tukwila 1998 Total Housing Units 31,729 15,924 12,952 29,930 10,620 7,454 Percent Multiple Family 44% 46% 39% 55% 39% 57% 1996-98 Average New Units Per Year 313 472 59 618 33 43 Percent M F 62% 44% 25% 53% 0% 40% 1996-98 Percent of New Units Through Redevelopment 1% 2% 10% 6% 58% 2% Source: Puget Sound Regional Council Table C-4 shows housing price indicators for sub-areas in King County. The data show that Federal Way is in the middle range of median housing prices for King County. The highest housing prices were in the Raceway/Lake Morton region, the lowest were in the Green River Valley and Twin Lakes sub-areas (the Twin Lakes sub-area falls partially within Federal Way). Page B-4 ECONorthwest July 2000 Appendix B: Regional Development Patterns Table C-4. Housing price indicators for King County sub-areas Median Median Highest price per Subarea price (1999) price paid sq ft Percent increase in median sales price 2 years 5 years 15 years Raceway/Lake Morton Enumclaw Plateau WoodmontJRedondo Kent/Renton Suburbs Lake Youngs Black Diamond/Maple Valley E Rural King County Lea Hill Kent Meridian Kentridge $242,450 $585,000 $115 $233,000 $800,000 $125 $215,003 $915,000 $108 $206,975 $460,000 $111 $205,000 $847,000 $113 $197,000 $550,000 $117 $195,000 $937,057 $143 $194,950 $2,453,000 $102 $189,725 $700,000 $106 $179,950 $352,092 $109 $46o,OOo $897,0OO $4OO,OOO $750,000 $387,000 $500,000 $384,958 $395,000 $468,5OO Covington $167,500 Auburn $160,000 Jovita/Algona/Pacific $158,000 Star Lake $164,000 Des Moines $156,975 Enumclaw $154,900 Green River Valley $150,000 Twin Lakes $150,000 8.1% 5.0% 6.0% 8.8% 5.0% 6.0% 7.5% 5.0% 5.0% 8.1% 5.0% 6.0% 7.6% 4.0% 6.0% 7.0% 5.0% 6.0% 10.5% 7.0% 8.0% 5.2% 3.0% 5.0% 5.8% 4.0% 5.0% 7.5% 4.0% 5.0% $113 7.2% 5.0% 6.0% $102 4.8% 4.0% 5.0% $104 6.4% 4.0% 5.0% $103 6.7% 4.0% 5.0% $108 8.6% 5.0% 5.0% $104 7.2% 5.0% 5.0% $115 8.7% 5.0% 6.0% $97 7.2% 4.0% 5.0% Source: Seattle Times: Home Values. RETAIL The South-end Market Area is, according to CB Commercial data, the largest regional market,, with 46% of the retail space in the region (28.2 million square feet). Table C-5 shows a breakdown of retail space by type for the South-end Market Area. The area has 11.6 million square feet in community/neighborhood centers and 7.4 million square feet in regional centers, accounting for 70% of total retail space in the area. ' The South-end Market Area extends south from the West Seattle Bridge and includes south King County and Pierce County. Appendix B: Regional Development Patterns ECONorthwest July 2000 Page B-5 Table C-5. Retail market overview, South-end Market Area,' 4t' Quarter 1999 Type Gross Vacancy Rate Vacant Avg Asking Leasable Area Square Feet Lease Rate (net) Freestanding 4,274,601 2.7% 113,704 $16.00 Comm/Neighborhood 11,596,443 7.3% 847,700 $18.00 Strip/Specialty 1,639,603 15.0% 245,940 $17.00 Power Center 2,723,774 2.1% 55,837 $15.70 Regional Center 7,387,598 4.6% 339,830 $25.07 Other 671,669 2.2% 14,978 $14.00 Total 28,293,688 5.7% 1,617,989 $19.07 Source: CB Richard Ellis, Puget Sound Market Index Brief, Retail Market 4th Quarter; and Mundy Associates, LLC. a The South-end Market Area extends south from the West Seattle Bridge and includes south King County and Pierce County. Table C-6 shows historical retail market trends for the South-end Market area between 1992 and 1999. New retail space construction averaged about 741,000 square feet annually between 1992 and 1999. The largest year was 1995, when 1.8 million square feet of new retail space was built in the region. Federal Way added the Pavilions Shopping Center in 1995, and a 135,000 square foot Wal-Mart opened in 1999. Table C-6. Retail market historical trends, South-end Market Area,~ 1992-1999 Year New Net Absorption Vacancy Rate Construction (Sq Ft) (Sq Ft) 1992 127,139 3.3% 1993 801,494 -163,375 4.0% 1994 559,927 178,567 3.6% 1995 1,814,316 1,410,478 3.0% 1996 196,000 -262,852 7.1% 1997 750,000 1,474,549 7.4% 1998 685,000 3,062,303 4.9% 1999 381,249 364,062 3.5% Total 5,187,986 6,190,871 Annual Average 741,141 773,859 Source: CB Richard Ellis, Puget Sound Market Index Brief, Retail Market 4th Quarter; and Mundy Associates, LLC. ~ The South-end Market Area extends south from the West Seattle Bridge and includes south King County and Pierce County. Page B-6 ECONorthwest July 2000 Appendix B: Regional Development Patterns OFFICE According to CB Richard Ellis, the combination of low unemployment, exponential growth in the high'tech sector, and a strong national economy promises continued retail growth in the near term. The unemployment rate remained low, as new jobs in the high-tech sector kept unemployment stable during a Boeing downturn. Regional computer software and service employment grew 15% during 1999. Table C-7 shows data for the regional market office for the fourth quarter of 1999. Federal Way accounted for about 2% of regional office space. Federal Way also had the second highest vacancy rate, at 10.7%. Moreover, the Tacoma/Federal Way sub-market absorbed more than 230,000 square feet of office space, while adding more than 260,000. The Tacoma/Federal Way sub- market also had the lowest class "A" lease rate of any sub-market in the region. Table C-7. Puget Sound office market, 4th Quarter 1999 Market Net Vacancy Net Under Avg Class Rentable Rate Absorption Construction "A" Lease Area (SF) (SF) Rate (full service ISF/YR) Downtown 28,469,378 South-end 5,741,805 Tacoma/Federal Way 3,646,401 F~eralWay 1,076,418 2.1% 353,469 2,997,727 $30 7.6% 77,959 301,508 $19 9.0% 233,377 263,000 $18 Tacoma 2,410,090 8.6% NA NA NA Fife 94,000 5.7% NA NA NA Puyallup 65,893 2.5% NA NA N^ Eastside 20,864,771 3.9% 1,412,423 3,772,968 $24 Snohomish County 2,980,614 12.6% 177,885 51,000 $21 North-end 1,135,559 2.6% -8,855 0 $20 Market Total 62,838,528 4.1% 2,246,258 7,386,203 $24 Source: CB Richard Ellis, Puget Sound Market Index Brief, Office Market 4t" Quarter 1999. INDUSTRIAL The regional industrial market posted vacancies of 4.5% and added nearly 2.8 million square feet of space during the fourth quarter of 1999. The Kent Valley led industrial development, adding 1.9 million square feet. Table C-8 summarizes the regional industrial market for the fourth quarter of 1999. Note that CB Richard Ellis does not explicitly include Federal Way in either the Kent Valley or Tacoma/Fife sub-markets. Appendix B: Regional Development Patterns ECONorthwest July 2000 Page B-7 Table C-8. Puget Sound industrial market, 4~h Quarter 1999 Market Net Rentable Vacancy Net Under Area Rate Absorption Construction (SF) (SE) Net Lease Rate (PSFIMO) Seattle Close-in 70,927,337 2.0% -265,167 0 High-tech 1,142,109 1.2% Non high-tech 69,785,228 2.0% Kent Valley 85,844,794 4.9% 224,142 1,928,114 High-tech 1,861,314 6.9% Non high-tech 83,983,480 4.9% Tacoma/Fife 8,085,025 13.5% 79,082 401,350 High-tech 0 na Non high-tech 8,085,025 13.5% Eastside 20,357,740 4.7% 153,793 212,808 High-tech 4,661,838 6.7% Non high-tech 15,695,902 4.1% Snohomish County 5,988,159 13.3% -164,916 284,075 Hig h-tech 171,246 35.6% -8,855 Non high-tech 5,816,913 12.6% $0.85 $0.45 $0.95 $0.35 na $0.32 $1.25 $0.60 $1.10 $0.50 Market Total 191,203,055 4.5% High-tech 7,836,507 6.6% Non high-tech 183,366,548 4.4% 26934 2826347 Source: CB Richard Ellis, Puget Sound Market Index Brief, Office Market 4~" Quarter 1999. Page B-8 ECONorthwest July 2000 Appendix B: Regional Development Patterns Appendix C Growth Allocation by TAZ This appendix presents the allocation of population and employment by TAZ. Table C-1 shows the detail for Table 5-14. Table C-2 shows the detail for Table 5-15. Appendix C: Growth Allocation by TAZ ECONorthwest July 2000 Page C-1 Table C-1. Growth allocation by TAZ, 2000-2020 Dwelling Units Built Space TAZ New Pop New Emp SF MF Total DU Office Retail Other Total Inside City Limit 0 11 1 5 0 5 0 0 0 0 2 312 65 29 109 138 15,977 0 3,994 19,972 3 353 20 124 32 156 0 0 0 0 4 273 27 0 121 121 4,007 0 1,002 5,009 5 97 5 43 0 43 0 0 0 0 6 400 39 172 5 177 5,446 0 1,361 6.807 7 81 5 36 0 36 0 0 0 0 8 221 54 56 42 98 14,101 0 3,525 17,626 9 254 59 35 82 117 15,027 0 3,757 18,783 10 133 8 0 59 59 0 0 0 0 11 0 0 0 0 0 0 0 0 0 12 0 0 0 0 0 0 0 0 0 13 138 8 61 0 61 0 0 0 0 14 142 8 63 0 63 0 0 0 0 15 237 13 105 0 105 0 0 0 0 16 179 10 79 0 79 0 0 0 0 17 52 3 0 23 23 0 0 0 0 18 2 0 0 1 I 0 0 0 0 19 0 0 0 0 0 0 0 0 0 20 271 41 110 10 120 8,618 0 2,154 10,772 21 29 2 13 0 13 0 0 0 0 22 122 13 40 14 54 2,184 0 546 2,731 23 11 1 5 0 5 0 0 0 0 24 0 0 0 0 0 0 0 0 0 25 81 5 36 0 36 0 0 0 0 26 115 121 I 50 51 38,854 0 9,714 48,568 27 895 53 396 0 396 825 0 206 1,032 28 809 46 358 0 358 0 0 0 0 29 11 17 0 5 5 5,437 0 1.359 6,796 30 43 2 19 0 19 0 0 0 0 31 194 40 77 9 86 9,739 0 2,435 12,174 32 154 9 68 0 68 0 0 0 0 33 145 34 55 9 64 8,618 0 2,155 10,773 34 0 0 0 0 0 0 0 0 0 35 32 38 0 14 14 12,185 0 3,046 15,231 36 0 0 0 0 0 0 0 0 0 37 45 3 20 0 20 0 0 0 0 38 106 6 47 0 47 0 0 0 0 39 50 3 22 0 22 0 0 0 0 4O 0 0 0 0 0 0 0 0 0 41 16 10 0 7 7 3,033 0 758 3,791 42 34 43 0 15 15 13,748 0 3,437 17,185 43 0 0 0 0 0 0 0 0 0 44 56 3 25 0 25 0 0 0 0 45 68 4 30 0 30 0 0 0 0 46 29 39 0 13 13 12,621 0 3,155 15,776 47 20 25 0 9 9 8,072 0 2,018 10,090 48 0 0 0 0 0 0 0 0 0 49 20 25 0 9 9 7,953 0 1,988 9,941 Page C-2 ECONorthwest July 2000 Appendix C: Growth Allocation by TAZ Dwelling Units Built Space TAZ New Pop New Emp SF MF Total DU Office Retail Other Total 50 0 0 0 51 0 0 0 52 0 0 0 53 56 3 0 54 120 143 0 55 86 102 0 56 36 45 0 57 0 0 0 58 0 0 0 59 142 170 0 60 50 61 0 61 23 29 0 62 0 0 0 63 0 0 0 64 25 32 0 65 0 0 0 66 18 22 0 67 11 17 0 68 52 63 0 69 102 121 0 70 0 0 0 71 18 21 0 72 395 164 0 73 93 112 0 74 0 3 0 75 0 0 0 76 0 0 0 77 54 67 0 78 0 0 0 79 5 7 0 80 0 0 0 81 16 26 0 82 0 0 0 83 0 0 0 84 0 0 0 85 27 17 0 86 271 323 0 87 0 0 0 88 0 1 0 89 36 2 16 90 0 0 0 91 0 0 0 92 497 28 0 93 95 5 42 94 310 17 137 95 0 0 0 96 0 0 0 97 0 0 0 98 0 0 0 99 0 0 0 100 0 0 0 101 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25 25 0 0 0 0 53 53 45,958 0 11,489 57,447 38 38 32,990 0 8,247 41,237 16 16 14,453 0 3,613 18,067 0 0 0 0 0 0 0 0 0 0 0 0 63 63 54,729 0 13,682 68,411 22 22 19,839 0 4,960 24,798 10 10 9,459 0 2,365 11,824 0 0 0 0 0 0 0 0 0 0 0 0 11 11 10,505 0 2,626 13,131 0 0 0 0 0 0 8 8 6,993 0 1,748 8,742 5 5 5,639 0 1,410 7,049 23 23 20,470 0 5,118 25,588 45 45 38,952 0 9,738 48,690 0 0 0 0 0 0 8 8 6,920 0 1,730 8,650 175 175 47,857 0 11,964 59,821 41 41 36,206 0 9,051 45,257 0 0 1,137 0 284 1,421 0 0 0 0 0 0 0 0 0 0 0 0 24 24 21,611 0 5,403 27,013 0 0 0 0 0 0 2 2 0 2,918 0 2,918 0 0 0 0 0 0 7 7 0 10,578 0 10,578 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 12 12 0 6,626 0 6,626 120 120 104,102 0 26,025 130,127 0 0 0 0 0 0 0 0 343 125 86 553 0 16 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 220 220 0 0 0 0 0 42 0 0 0 0 0 137 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Appendix C: Growth Allocation by TAZ ECONorthwest July 2000 Page C-3 Dwelling Units Built Space TAZ New Pop NewEmp SF MF Total DU Office Retail Other Total 102 99 215 103 75 90 104 16 23 105 122 255 106 0 0 107 197 233 108 133 163 109 0 0 110 90 5 111 307 366 112 41 52 113 7 0 114 181 10 115 280 334 116 9O 84 117 111 98 118 54 21 119 88 5 120 90 5 121 25 4O 122 25 40 123 0 0 124 90 5 125 88 141 126 0 0 127 77 29 128 330 19 129 0 0 130 0 0 131 149 318 132 18 4O 133 0 15 134 0 68 135 18 30 136 0 121 137 79 63 138 25 1 139 1,017 57 140 569 32 141 0 0 142 0 0 143 0 0 144 7 15 145 7 12 146 131 151 147 14 1 148 2 5 149 23 21 150 416 84 151 61 6O 152 145 8 153 36 2 0 44 44 39,261 39,615 9,815 88,691 0 33 33 29,124 0 7,281 36,405 0 7 7 7,352 0 1,838 9,190 0 54 54 47,708 45,201 11,927 104,836 0 0 0 0 0 0 0 0 87 87 75,000 0 18,750 93,750 0 59 59 50,893 2,258 12,723 65,875 0 0 0 0 0 0 0 0 40 4O 0 0 0 0 0 136 136 117,861 0 29,465 147,326 0 18 18 16,694 0 4,173 20,867 0 3 3 0 0 0 0 0 80 80 0 0 0 0 0 124 124 107,408 0 26,852 134,260 0 40 40 0 33,315 0 33,315 0 49 49 0 38,709 0 38,709 0 24 24 0 7,659 0 7,659 0 39 39 0 0 0 0 0 4O 40 0 0 0 0 0 11 11 0 16,477 0 16,477 0 11 11 0 16,454 0 16,454 0 0 0 0 0 0 0 0 4O 40 0 0 0 0 0 39 39 0 57,369 0 57,369 0 0 0 0 0 0 0 27 7 34 0 10,374 0 10,374 58 88 146 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 66 66 57,393 58,875 14,348 130,616 0 8 8 7,252 7,244 1,813 16,309 0 0 0 0 6,199 0 6,199 0 0 0 0 28,529 0 28,529 0 8 8 0 12,220 0 12,220 0 0 0 0 51,029 0 51,029 17 18 35 0 24,560 0 24,560 11 0 11 0 0 0 0 450 0 450 0 0 0 0 0 252 252 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3 3 2,727 2,719 682 6,128 0 3 3 0 4,975 0 4,975 0 58 58 0 60,809 0 60,809 0 6 6 0 0 0 0 0 1 1 0 2,010 0 2,010 0 10 10 0 8,417 0 8,417 147 37 184 0 25,624 0 25,624 11 16 27 0 23,801 0 23,801 64 0 54 0 0 0 0 16 0 16 0 0 0 0 Page C-4 ECONorthwest July 2000 Appendix C: Growth Allocation by TAZ Dwelling Units Built Space TAZ New Pop New Emp SF MF Total DU Office Retail Other Total 154 0 0 0 155 384 458 0 156 29 37 0 157 149 178 0 158 34 52 0 159 86 26 0 160 301 17 0 161 79 4 0 162 0 0 0 163 127 7 0 164 219 74 0 165 50 80 0 166 131 7 58 167 0 0 0 168 0 0 0 169 43 69 0 170 70 67 0 171 59 3 0 172 242 14 95 173 517 29 229 174 29 2 13 175 29 2 13 176 68 4 1 177 45 33 6 178 353 20 156 179 2 0 1 180 43 2 19 181 38 2 17 182 27 2 12 183 84 5 37 184 41 2 18 190 0 0 0 196 1,464 83 0 197 495 588 0 199 79 94 0 200 190 11 84 202 0 336 0 203 233 13 103 204 90 5 0 206 102 6 5 207 0 0 0 209 0 0 0 211 0 0 0 213 0 0 0 Total 20,056 8,177 3,993 Outside City Limit I 41 0 18 7 2 0 1 16 0 0 0 36 0 0 0 38 0 0 0 185 23 0 10 0 0 0 0 0 0 170 170 147,478 0 36,869 164,347 13 13 ' 12,006 0 3,002 15,008 66 66 57,171 0 14,293 71,464 15 15 0 21,323 0 21,323 38 38 0 8,751 0 8,751 133 133 0 0 0 0 35 35 0 0 0 0 0 0 0 0 0 0 56 56 0 0 0 0 97 97 0 26,103 0 26,103 22 22 0 32,712 0 32,712 0 58 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 19 19 0 28,229 0 28,229 31 31 0 26,814 0 26,814 26 26 0 0 0 0 12 107 0 0 0 0 0 229 0 0 0 0 0 13 0 0 0 0 0 13 0 0 0 0 29 30 0 0 0 0 14 20 0 12,657 0 12,657 0 156 0 0 0 0 0 I 0 0 0 0 0 19 0 0 0 0 0 17 0 0 0 0 0 12 0 0 0 0 0 37 0 0 0 0 0 18 0 0 0 0 0 0 0 0 0 0 648 648 0 0 0 0 219 219 189,218 0 47,304 236,522 35 35 30,190 0 7,547 37,737 0 84 0 0 0 0 0 0 113,500 0 28,375 141,874 0 103 0 0 0 0 40 40 0 0 0 0 40 45 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4,883 8,876 1,772,839 761,279 443,210 2,977,327 0 18 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10 0 0 0 0 Appendix C: Growth Allocation by TAZ ECONorthwest July 2000 Page C-5 Dwelling Units Built Space TAZ New Pop New Emp SF MF Total DU Office Retail Other Total 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 203 204 205 206 207 208 209 210 211 212 213 214 215 216 Total 7 0 3 122 2 23 463 4 1 11 0 5 86 32 38 52 18 23 27 4 12 68 15 30 190 13 84 97 42 38 671 24 14 0 25 0 404 32 23 0 0 0 9 33 4 52 42 23 2 1 1 2 0 1 404 49 23 68 84 30 34 28 15 70 17 31 0 1 0 25 16 11 52 0 23 104 0 46 50 73 22 34 6 15 115 0 51 36 0 16 3,322 562 635 0 3 0 0 0 0 31 54 354 152 89 595 204 205 888 381 222 1,491 0 5 0 0 0 0 0 38 6,760 2,903 1,690 11,352 0 23 3.782 1,624 945 6,351 0 12 922 396 230 1,548 0 30 3,121 1,340 780 5,241 0 84 2,709 1,163 677 4,549 5 43 8,886 3,816 2,222 14,923 283 297 5.023 2,157 1,256 8,436 0 0 5,297 2,275 1,324 8,896 156 179 6.775 2,909 1,694 11.379 0 0 0 0 0 0 0 4 7,026 3,017 1,756 11,799 0 23 8,914 3,828 2,229 14,970 0 I 175 75 44 294 0 1 0 0 0 0 156 179 10,455 4,489 2,614 17,558 0 30 17,731 7,614 4,433 29,777 0 15 6,003 2,578 1,501 10,081 0 31 3,520 1,511 880 5,911 0 0 311 133 78 522 0 11 3,425 1,471 856 5,752 0 23 0 0 0 0 0 46 0 0 0 0 0 22 15,521 6,665 3,880 26.066 0 15 1,215 522 304 2,040 0 51 0 0 0 0 0 16 0 0 0 0 835 1,470 118,811 51,019 29,703 199,532 Source: ECONorthwest, 2000 Page C-6 ECONorthwest July 2000 Appendix C: Growth Allocation by TAZ 2000-2005 2006-2010 2011-2015 2016-2020 Total TAZ Pop Emp Pop Emp Pop Emp Pop Emp Pop Emp I~Side City Limit 0 2 0 2 0 3 0 3 0 11 1 2 62 13 62 13 94 19 94 19 312 65 3 71 4 71 4 106 6 106 6 353 20 4 55 5 55 5 82 8 82 8 273 27 5 19 1 19 I 29 2 29 2 97 5 ~ 80 8 80 8 120 12 120 12 400 39 ~ 16 0 16 0 24 2 24 2 81 5 ~ 44 3 44 5 66 19 66 27 221 54 ] 53 12 53 12 79 18 79 18 264 59 10 27 2 27 2 40 2 40 2 133 8 I1 0 0 0 0 0 0 0 0 0 0 r2 0 0 0 0 0 0 0 0 0 0 3 28 0 28 I 41 3 41 4 138 8 4 28 0 28 I 43 3 43 4 142 8 5 47 1 47 1 71 5 71 7 237 13 6 36 1 36 I 64 4 54 5 179 10 7 10 0 10 0 13 1 18 1 52 3 8 0 0 0 0 I 0 I 0 2 0 9 0 0 0 0 0 0 0 0 0 0 0 54 2 54 4 81 14 81 20 271 41 I 6 0 6 0 9 1 9 I 29 2 2 37 I 37 1 37 5 12 6 122 13 3 2 0 2 0 3 0 3 0 11 1 4 0 0 0 0 0 0 0 0 0 0 5 16 0 16 0 24 2 24 2 81 5 ~ 23 6 23 12 35 43 35 61 115 121 7 179 11 179 11 268 16 268 16 895 53 ~ 162 9 162 9 243 14 243 14 809 46 ) 2 2 2 2 3 5 4 8 11 17 ) 13 0 13 0 13 1 4 1 43 2 I 58 4 58 4 58 14 19 18 194 40 ' 31 1 31 I 46 3 46 4 164 9 I 29 2 29 3 43 12 43 17 145 34 ~ 0 0 0 0 0 0 0 0 0 0 i 6 4 6 4 8 11 11 19 32 38 ; 0 0 0 0 0 0 0 0 0 0 9 0 9 0 11 1 16 I 45 3 21 1 21 1 32 2 32 3 106 6 10 0 10 0 15 I 15 I 50 3 0 0 0 0 0 0 0 0 0 0 3 0 3 I 5 3 5 5 16 10 7 4 7 4 8 13 12 21 34 43 0 0 0 0 0 0 0 0 0 0 11 0 11 0 14 1 20 2 56 3 14 0 14 0 17 1 24 2 68 4 6 2 6 4 9 14 9 19 29 39 4 3 4 3 5 8 7 13 20 25 0 0 0 0 0 0 0 0 0 0 6 5 6 5 4 7 4 7 20 25 21 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 45 46 47 48 49 Appendix C: Growth Allocation by TAZ ECONorthwest July 2000 Page C-7 2000-2005 2006-2010 2011-2015 2016-2020 Total TAZ Pop Emp Pop Emp Pop Emp Pop Emp Pop Emp 50 0 0 0 0 0 0 0 0 0 0 51 0 0 0 0 0 0 0 0 0 0 52 0 0 0 0 0 0 0 0 0 0 53 11 0 11 0 14 I 20 2 56 3 54 36 29 36 29 24 43 24 43 120 143 55 26 20 26 20 17 31 17 31 86 102 56 11 9 11 9 7 13 7 13 36 45 57 0 0 0 0 0 0 0 0 0 0 58 0 0 0 0 0 0 0 0 0 0 59 43 34 43 34 28 51 28 51 142 170 60 15 12 15 12 10 18 10 18 50 61 61 7 6 7 6 5 9 5 9 23 29 62 0 0 0 0 0 0 0 0 0 0 63 0 0 0 0 0 0 0 0 0 0 ~4 7 6 7 6 5 10 5 10 25 32 B5 0 0 0 0 0 0 0 0 0 0 $6 5 4 5 4 4 7 4 7 18 22 57 3 3 3 3 2 5 2 5 11 17 58 16 13 16 13 10 19 10 19 52 63 ~9 31 24 31 24 20 36 20 36 102 121 70 0 0 0 0 0 0 0 0 0 0 71 5 4 5 4 4 6 4 6 18 21 72 119 33 119 33 79 49 79 49 395 164 73 28 22 28 22 19 34 19 34 93 112 74 0 1 0 I 0 1 0 1 0 3 75 0 0 0 0 0 0 0 0 0 0 76 0 0 0 0 0 0 0 0 0 0 77 16 13 16 13 11 20 11 20 54 67 78 0 0 0 0 0 0 0 0 0 0 79 1 3 I 3 1 2 2 0 5 7 ~0 0 0 0 0 0 0 0 0 0 0 31 3 10 3 9 4 6 6 0 16 26 32 0 0 0 0 0 0 0 0 0 0 33 0 0 0 0 0 0 0 0 0 0 ~4 0 0 0 0 0 0 0 0 0 0 ~5 5 7 5 6 7 4 9 0 27 17 36 54 16 54 32 81 113 81 162 271 323 37 0 0 0 0 0 0 0 0 0 0 ~8 0 0 0 0 0 0 0 0 0 1 ~9 18 0 11 I 4 1 4 0 36 2 )0 0 0 0 0 0 0 0 0 0 0 )1 0 0 0 0 0 0 0 0 0 0 )2 249 6 149 10 50 10 50 6 497 31 )3 28 1 28 2 19 1 19 1 95 5 )4 93 4 93 6 62 3 62 3 310 17 )5 0 0 0 0 0 0 0 0 0 0 )6 0 0 0 0 0 0 0 0 0 0 )7 0 0 0 0 0 0 0 0 0 0 )8 0 0 0 0 0 0 0 0 0 0 )9 0 0 0 0 0 0 0 0 0 0 tOO 0 0 0 0 0 0 0 0 0 0 101 0 0 0 0 0 0 0 0 0 0 Page C-8 ECONorthwest July 2000 Appendix C: Growth Allocation by TAZ 2000-2005 2006-2010 2011-201 $ 2016-2020 Total TAZ Pop Emp Pop Emp Pop Emp Pop Emp Pop Emp 102 20 22 20 54 30 75 30 65 99 215 103 15 23 15 23 19 23 26 23 75 90 104 3 6 3 6 4 6 6 6 16 23 105 24 64 24 64 31 64 43 64 122 255 106 0 0 0 0 0 0 0 0 0 0 107 39 58 39 58 49 58 69 58 197 233 108 27 41 27 41 33 41 47 41 133 163 109 0 0 0 0 0 0 0 0 0 0 110 18 I 18 1 23 I 32 I 90 5 111 61 91 61 91 77 91 108 91 307 366 112 8 13 8 13 10 13 14 13 41 52 113 I 0 1 0 2 0 2 0 7 0 114 36 3 36 3 45 3 63 3 181 10 115 56 83 56 83 70 83 98 83 280 334 116 27 34 27 29 18 21 18 0 90 84 117 33 39 33 34 22 24 22 0 111 98 118 16 8 16 7 11 5 11 0 64 21 119 26 2 26 2 18 I 18 0 88 5 120 27 2 27 2 18 I 18 0 90 5 121 5 16 5 14 6 10 9 0 25 40 122 5 16 5 14 6 10 9 0 25 40 123 0 0 0 0 0 0 0 0 0 0 124 18 2 18 2 23 1 32 0 90 5 125 18 14 18 35 26 49 26 42 88 141 126 0 0 0 0 0 0 0 0 0 0 127 15 7 15 9 23 9 23 4 77 29 128 66 5 66 6 99 6 99 3 330 19 129 0 0 0 0 0 0 0 0 0 0 130 0 0 0 0 0 0 0 0 0 0 131 30 32 30 79 45 111 45 95 149 318 132 4 4 4 10 5 14 5 12 18 40 133 0 6 0 5 0 4 0 0 0 15 134 0 27 0 24 0 17 0 0 0 68 135 5 12 5 10 4 7 4 0 18 30 136 0 48 0 42 0 30 0 0 0 121 137 16 16 16 19 24 19 24 9 79 63 138 5 0 5 0 7 0 7 0 25 1 139 203 14 203 17 305 17 305 9 1,017 57 140 114 8 114 10 171 10 171 5 569 32 141 0 0 0 0 0 0 0 0 0 0 142 0 0 0 0 0 0 0 0 0 0 143 0 0 0 0 0 0 0 0 0 0 144 1 1 1 4 2 5 2 4 7 15 145 2 5 2 4 I 3 I 0 7 12 146 39 61 39 53 26 38 26 0 131 151 147 4 0 4 0 3 0 3 0 14 1 148 1 2 1 2 0 1 0 0 2 5 149 7 8 7 7 5 5 5 0 23 21 150 83 21 83 25 125 25 125 13 416 84 151 12 15 12 18 18 18 18 9 61 60 152 29 2 29 2 43 2 43 I 145 8 ~53 7 1 7 1 11 1 11 0 36 2 Appendix C: Growth Allocation by TAZ ECONorthwest July 2000 Page C-9 2000-2005 I 2006-2010 2011-2015 2016-2020 ~Total TAZ Pop Emp Pop Emp Pop Emp Pop Emp Pop Emp 154 0 0 0 0 0 0 0 0 0 0 155 154 46 115 46 77 137 38 229 384 458 156 12 4 9 4 6 11 3 19 29 37 157 60 18 45 18 30 53 15 89 149 178 158 10 21 10 18 7 13 7 0 34 52 159 26 10 26 9 17 6 17 0 86 26 160 90 7 90 6 60 4 60 0 301 17 161 16 2 16 1 16 1 32 1 79 4 162 0 0 0 0 0 0 0 0 0 0 163 25 2 25 2 25 1 51 1 127 7 164 88 15 66 15 44 22 22 22 219 74 165 20 16 15 16 10 24 5 24 50 80 166 26 2 26 2 39 2 39 1 131 7 167 0 0 0 0 0 0 0 0 0 0 168 0 0 0 0 0 0 0 0 0 0 169 9 24 9 21 9 14 17 10 43 69 170 28 13 21 13 14 20 7 20 70 67 171 24 I 18 1 12 1 6 I 59 3 172 97 3 73 3 48 4 24 4 242 14 173 207 6 155 6 103 9 52 9 517 29 174 6 0 7 0 7 0 9 1 29 2 175 6 0 7 0 7 0 9 1 29 2 176 14 0 17 0 17 1 20 2 68 4 177 18 7 14 7 9 10 5 10 45 33 178 71 2 88 2 88 6 106 10 353 20 179 0 0 1 0 1 0 1 0 2 0 180 9 0 11 0 11 1 13 I 43 2 181 8 0 10 0 10 I 12 I 38 2 182 5 0 7 0 7 0 8 1 27 2 183 17 0 21 0 21 1 25 2 84 5 184 8 0 10 0 10 1 12 1 41 2 190 0 0 0 0 0 0 0 0 0 0 196 439 8 439 29 293 29 293 17 1,464 83 197 148 59 148 206 99 206 99 118 495 588 199 24 9 24 33 16 33 16 19 79 94 ZOO 95 1 57 I 19 3 19 5 190 11 Z02 0 34 0 34 0 101 0 168 0 336 Z03 116 1 70 I 23 4 23 7 233 13 Z04 45 1 27 1 9 2 9 3 90 5 Z06 51 1 31 I 10 2 10 3 102 6 Z07 0 0 0 0 0 0 0 0 0 0 Z09 0 0 0 0 0 0 0 0 0 0 Zll 0 0 0 0 0 0 0 0 0 0 Z13 0 0 0 0 0 0 0 0 0 0 rOTAL 5,218 1,537 4,848 1,849 4,976 2,436 5,014 2,358 20,056 8,180 3utside City .imit I 10 0 10 0 10 0 10 0 41 0 ~ 1 0 I 0 1 0 1 0 2 0 16 0 0 0 0 0 0 0 0 0 0 t6 0 0 0 0 0 0 0 0 0 0 t8 0 0 0 0 0 0 0 0 0 0 Page C-10 ECONorthwest July 2000 Appendix C: Growth Allocation by TAZ 2000-2005 2006-2010 2011-2015 2016-2020 Total TAZ Pop Emp Pop Emp Pop Emp Pop Emp Pop Emp 185 6 0 6 0 6 0 6 0 23 0 186 2 0 2 0 2 0 2 0 7 0 187 31 0 31 0 31 0 31 0 122 2 188 116 I 116 I 116 I 116 1 463 4 189 3 0 3 0 3 0 3 0 11 0 190 21 8 21 8 21 8 21 8 86 32 191 13 4 ~13 4 13 4 13 4 52 18 192 7 1 7 I 7 I 7 I 27 4 193 17 4 17 4 17 4 17 4 68 15 194 47 3 47 3 47 3 47 3 190 13 195 24 11 24 11 24 11 24 11 97 42 196 168 6 168 6 168 6 168 6 671 24 197 0 6 0 6 0 6 0 6 0 25 198 101 8 101 8 101 8 101 8 404 32 199 0 0 0 0 0 0 0 0 0 0 200 2 8 2 8 2 8 2 8 9 33 201 13 11 13 11 13 11 13 11 52 42 203 1 0 1 0 1 0 1 0 2 1 204 I 0 I 0 I 0 1 0 2 0 205 101 12 101 12 101 12 101 12 404 49 206 17 21 17 21 17 21 17 21 68 84 207 8 7 8 7 8 7 8 7 34 28 208 18 4 18 4 18 4 18 4 70 17 209 0 0 0 0 0 0 0 0 0 1 210 6 4 6 4 6 4 6 4 25 16 211 13 0 13 0 13 0 13 0 52 0 212 26 0 26 0 26 0 26 0 104 0 213 12 18 12 18 12 18 12 18 50 73 214 8 1 8 1 8 1 8 I 34 6 215 29 0 29 0 29 0 29 0 115 0 216 9 0 9 0 9 0 9 0 36 0 TOTAL 830 141 830 141 830 141 830 141 3,322 562 Source: ECONorthwest, 2000 Appendix C: Growth Allocation by TAZ ECONorthwest July 2000 Page C-11