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TRANSPORTATION LAND USE PEOPLE JOBS The Growing Transit Communities program is supported by a grant from the U.S. Department of Housing and Urban Development’s Sustainable Communities Regional Planning Grant Program. For more information: visit psrc.org or contact Ben Bakkenta at 206-971-3286 or [email protected] 1011 Western Avenue, Suite 500 • Seattle, Washington 98104-1035 • 206-464-7090 • FAX 206-587-4825 • psrc.org • Oct 2013 AFFORDABLE HOUSING BY INCOME LEVEL HOUSING PEOPLE PROFILE PLACE PROFILE IMPLEMENTATION APPROACH CHANGE / MARKET STRENGTH WEAKER STRONGER PHYSICAL FORM + ACTIVITY / TRANSIT-ORIENTATION LOWER HIGHER CHANGE / DISPLACEMENT RISK LOW POTENTIAL IMMEDIATE LIMITED GOOD SOCIAL INFRASTRUCTURE/ ACCESS TO OPPORTUNITY 4% 7% 28% 33% 28% Roosevelt FUTURE LIGHT RAIL | BUS AREA DESCRIPTION — The Roosevelt transit community, located in the City of Seattle, is the location for a future light rail station on the North Link extension scheduled to begin service in 2021. The community is also home to a King County Metro Park and Ride facility. The Roosevelt transit community includes the intersection of two significant commercial retail corridors, surrounded directly by a neighborhood mixed use commercial core, with predominantly single-family residential housing at its edges. The neighborhood has a highly walkable urban form, although Interstate-5 presents a pedestrian barrier to the west. Recent development has occurred at higher densities and with a mix of uses along the main commercial corridors. Nearby amenities include several parks, a community center, and library. Roosevelt transit community has a total population of 8,428 with 21% minority, making it more populous but less racially diverse than the average transit community in the region. Housing stock is predominantly renter-occupied, at 60 percent. With only eleven percent of housing units affordable to households earning 50% of AMI, the community is less af- fordable than both the regional average for transit communities and the regional level of need for that income bracket. LOCAL PLANNING — The Roosevelt transit community is part of a Seattle designated residential Urban Village and Station Area Overlay District. Local planning and recent zoning changes call for more midrise and mixed-use development near the future station, while preserving the existing surrounding single-family residential areas. Consistent with this vision, the city recently rezoned blocks in the immediate proximity to the light rail station to allow taller build- ings. The city has also completed streetscape concept plans to guide future public realm improvements near the station. Communities with a low displacement risk tend to be moderate to higher income communities and/or communities with lower market pressures. Good access to opportunity means households benefit from a wide range of nearby resources. These communities have physical forms and activity levels that do not strongly support a dense, walkable and transit–supportive neighborhood. They have a stronger real estate market that sug- gests there is higher pressure for new development in the nearterm. TRANSIT ALL T/C COMMUNITY MEDIAN TOTAL HOUSING UNITS 5,018 2,674 AFFORD. RANGE (0-50% AMI) 11% 21% HOMEOWNERS 40% 35% RENTERS 60% 65% COST BURDEN (% OF INCOME) 36% 44% TRANSIT ALL T/C COMMUNITY MEDIAN POPULATION 8,428 4,237 RACIAL DEMOGRAPHICS 21% minority 45% AGE 12% > 18 years 19% 8% < 65 years 11% MED HH INCOME $69,704 $46,637 EDUCATION 42% BA or > 20% AVERAGE HH SIZE 2.03 2.39 TRANSIT ALL T/C COMMUNITY MEDIAN TOTAL JOBS 2,583 3,032 AVERAGE WAGE $36,907 $36,636 TOP 2 SECTORS n/a n/a MAJOR EMPLOYERS n/a n/a SBI 30% 17% PHYSICAL FORM + ACTIVITY SIDEWALKS TRANSIT DeStInAtIOnS DENSITY uRbAn fORM eDucAtIOn ecOnOMIc HEALTH HEALTH & envIROnMent ACCESS TO OPPORTUNITY MObILIty & tRAnSpORtAtIOn hOuSIng & neIghbORhOOD quALIty 0-30% AMI 30-50% AMI <120% AMI 80-120% AMI 50-80% AMI IMPROVE ACCESS Improve Access transit communities are desirable neighborhoods or centers with good access to economic and educational opportunity, and strong real estate demand. Market rate housing is unaffordable to lower income households and there is relatively little subsidized housing. Key strategies focus on capturing value from strong markets to improve community access, either through subsidy to expand affordability within the community or transit investments to improve access to and from the community. Access needs and redevelopment opportunities will vary in scale and suitability across the diverse communities within this category, dependent on local visions and plans. For example, Bellevue Transit Center has planned for large amounts of near to medium term growth, while South bellevue envisions little to none. Six communities are categorized as Improve Access (with no current light rail stations). KEY STRATEGIES: Ensure accessibility through multiple modes of transportation Adopt tools to increase affordable housing choices, as appropriate to community scale Connect transit dependent populations to transit and community resources 3 Revised Summer 2013
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future light Roosevelt

Oct 16, 2021

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Page 1: future light Roosevelt

TRANSPORTATION

LAND USE

PEOPLE jObS

The Growing Transit Communities program is supported by a grant from the U.S. Department of Housing and Urban Development’s Sustainable Communities Regional Planning Grant Program. For more information: visit psrc.org or contact Ben Bakkenta at 206-971-3286 or [email protected]

1011 Western Avenue, Suite 500 • Seattle, Washington 98104-1035 • 206-464-7090 • fax 206-587-4825 • psrc.org • Oct 2013

AffordAble housing by income level

hOUSINg

PEOPLE PROfILE

PLAcE PROfILE

ImPLEmENTATION APPROAch

Roosevelt V2

change / market strength weaker stronger

phys

ical

fo

rm +

act

ivit

y

/ tr

ansi

t-o

rie

nta

tio

n

low

er

hig

her

Roosevelt V2

change / displacement risk low potential immediate

li

mit

ed

go

od

soci

al i

nfr

astr

uct

ur

e/

acce

ss t

o o

ppo

rtu

nit

y

4%7%

28%

33%

28%

Roosevelt

Affordable0-30%

Affordable30-50%

Affordable50-80%

Affordable80-120%

Affordable>120%

Rooseveltfuture light rail | bus

AreA Description —The Roosevelt transit community, located in the City of Seattle, is the location for a future light rail station on the North Link extension scheduled to begin service in 2021. The community is also home to a King County Metro Park and Ride facility.

The Roosevelt transit community includes the intersection of two significant commercial retail corridors, surrounded directly by a neighborhood mixed use commercial core, with predominantly single-family residential housing at its edges. The neighborhood has a highly walkable urban form, although Interstate-5 presents a pedestrian barrier to the west. Recent development has occurred at higher densities and with a mix of uses along the main commercial corridors. Nearby amenities include several parks, a community center, and library. Roosevelt transit community has a total population of 8,428 with 21% minority, making it more populous but less racially diverse than the average transit community in the region. Housing stock is predominantly renter-occupied, at 60 percent. With only eleven percent of housing units affordable to households earning 50% of AMI, the community is less af-fordable than both the regional average for transit communities and the regional level of need for that income bracket.

locAl plAnning —The Roosevelt transit community is part of a Seattle designated residential Urban Village and Station Area Overlay District. Local planning and recent zoning changes call for more midrise and mixed-use development near the future station, while preserving the existing surrounding single-family residential areas. Consistent with this vision, the city recently rezoned blocks in the immediate proximity to the light rail station to allow taller build-ings. The city has also completed streetscape concept plans to guide future public realm improvements near the station. Communities with a low displacement risk tend to be moderate to higher income communities

and/or communities with lower market pressures. Good access to opportunity means households benefit from a wide range of nearby resources.

These communities have physical forms and activity levels that do not strongly support a dense, walkable and transit–supportive neighborhood. They have a stronger real estate market that sug-gests there is higher pressure for new development in the near–term.

TransiT all T/C CommuniTy median

total housing units 5,018 2,674

afford. range (0-50% ami) 11% 21%homeowners 40% 35%renters 60% 65%cost burden (% of income) 36% 44%

TransiT all T/C CommuniTy median

population 8,428 4,237

racial demographics 21% minority 45%

age 12% > 18 years 19% 8% < 65 years 11%

med hh income $69,704 $46,637

education 42% BA or > 20%

average hh size 2.03 2.39

TransiT all T/C CommuniTy median

total jobs 2,583 3,032

average wage $36,907 $36,636

top 2 sectors n/a n/a

major employers n/a n/a

sbi 30% 17%

physicAl form + Activity

SIDeWaLKS

TRaNSIT DeStInAtIOnS

DeNSITy uRbAn fORM

eDucAtIOn

ecOnOMIcHeaLTH

HeaLTH & envIROnMent

Access to opportunity

MObILIty & tRAnSpORtAtIOn

hOuSIng & neIghbORhOOD quALIty

0-30% AMI30-50%

aMI<120%aMI

80-120%aMI

50-80%aMI

improve AccessImprove access transit communities are desirable neighborhoods or centers with good access to economic and educational opportunity, and strong real estate demand. Market rate housing is unaffordable to lower income households and there is relatively little subsidized housing. Key strategies focus on capturing value from

strong markets to improve community access, either through subsidy to expand affordability within the community or transit investments to improve access to and from the community. access needs and redevelopment opportunities will vary in scale and suitability across the diverse communities within this category, dependent on local visions and plans. For example, Bellevue Transit Center has planned for large amounts of near to medium term growth, while South bellevue envisions little to none. Six communities are categorized as Improve Access (with no current light rail stations).

key strategies: • ensure accessibility through multiple modes of transportation• adopt tools to increase affordable housing choices, as appropriate to community scale• Connect transit dependent populations to transit and community resources

3

Revised Summer 2013