File #: 24-0548    Version:
Type: ordinance Status: Passed
File created: 6/20/2024 In control: City Council
Agenda date: 7/16/2024 Final action: 7/16/2024
Title: Approval of an Ordinance Adopting the Capital Mall Triangle Subarea Plan
Attachments: 1. 7-16-24 signed ordinance 7401, 2. Ordinance - Second Reading, 3. Ordinance - First Reading, 4. Planning Commission Recommendation, 5. Public Outreach, 6. Project Webpage, 7. Presentation
Title
Approval of an Ordinance Adopting the Capital Mall Triangle Subarea Plan

Recommended Action
Committee Recommendation:
The Land Use & Environment Committee recommends moving to approve an Ordinance adopting the Capital Mall Triangle Subarea Plan.

City Manager Recommendation:
Move to approve an Ordinance adopting the Capital Mall Triangle Subarea Plan.

Report
Issue:
Whether to approve an Ordinance adopting the Capital Mall Triangle Subarea Plan.

Staff Contact:
David Ginther, Senior Planner, Community Planning and Development, 360.753.8335

Presenter(s):
David Ginther, Senior Planner, Community Planning & Development

Background and Analysis:
Background and Analysis has changed from first to second reading.

On July 9, the City Council considered the first reading of the Ordinance and requested the following changes which are reflected in the second reading:
* Changing the affordable housing density bonus from 100% to 30% affordable housing units.
* Removing ED2 and LU 11, and all references to tax increment, financing and economic development districts.
* Modifying LU 12. for the final sentence to say, seek funding opportunities, including an in-depth analysis of available economic development tools.

In 2014, the Olympia Comprehensive Plan was updated following significant public outreach and multiple public participation opportunities. The five-year long update effort included 30 public meetings and resulted in approximately 2,000 public comments. The adopted Comprehensive Plan contains a vision for the Capital Mall area to:

1. Eventually transition to a high-density mixed-use neighborhood where people can walk, bike, or take the bus to obtain goods, services, and entertainment.
2. Keep the subarea a regional draw for the retailers and other businesses.

The main purpose of the Capital Mall Triangle planning project is to determine how to facilitate the vision articulated in the Comprehensive Plan. The subarea plan contains the vision, goals, and i...

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