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HomeMy WebLinkAbout18CITY OF RENTON ECONOMIC DEVELOPMENT NEIGHBORHOODS, AND STRATEGIC PLANNING ME_NI 0RANDUII DATE: January 1.0, 2001 TO: Lesley Nishihira FROM: Ow n (#6576) SUBJECT: Fry Electronics Store Preapplication (00-138) The site is designated Employment Area -Industrial in the Comprehensive Plan, and zoned Heavy Industrial (IH). The proposal is consistent with Employment Area Policy LU-46 which directs that Renton's share of the commercial market should be increased. Policy LU-146. Adequate amounts ofland suitablefor all types of industrial, light industrial, office and commercial uses should be available for present and future development. Using the growth assumptions, criteria for determining "adequate amounts ofland"for the employment area should be based on the following. a. Commercial: Provide for local and regional shopping needs ofthe residential and employment sectors ofthe community. Currently. Renton provides 8. 7% of its land base for commercial retail uses. Because of Renton s unique location as the interstice between a number of state transportation routes and a regional freercay, this percentage should be expanded to capture a larger share ofthe commercial market b. Industrial: Sustain the land use base for existing industrial users. Renton has provided 14.6% of its land base for industrial uses, a higher percentage than many other ofthe area's cities. This percentage is ecpected to decline as Renton grows in land area. c. Off:ce: Providefor stand alone office uses, and offices that support industrial uses in order to reach future employment levels. Renton currently provides 6.0% of its land base, for office uses. d. Light industrial: Sustain the amount of existing uses and provide for a modest future expansion of light industrial development. (emphasis added) Economic Development policies also support the proposal. Objective ED-B: Expand the retail and office base within the City. Policy ED-8. Increase the retail sales tax base ofthe City. Policy ED-11. Ensure an adequate amount of land is designated for retaillcommercial uses based on site characteristics, market demand, community need, and adequacy offacilities and services. The primary emphasis of the Employment Area -Industrial designation is on industrial and related uses. However, Bulk Retail is a permitted use in the implementing industrial zones as such uses H`.ECON_DEVFcoom,cDeveiopm iSTR,kTPL%PLANNINGPREAPP.EAFFry.]oc'od