For Sale - LoopNetimages1.loopnet.com/d2/FxFiObH6CoevKTpS_DZxCHtGkzpa0qjyW5GCMRsu0lc/document.pdfeconomic activity. The Port’s four intermodal rail yards, served by BNSF Railway

For Sale | Development Opportunity

CONFIDENTIAL OFFERING MEMORANDUMPAT MUTZEL+1 425 453 [email protected]

COLLIERS INTERNATIONAL +1 425 453 4545www.colliers.com/bellevue

25 LAKE TAPPS7511 West Tapps Highway East,

Bonney Lake, WA 98391

FOR SALE

POTENTIALLYAVAILABLE

GREG SKIPPER+1 425 453 [email protected]

P. 2 COLLIERS INTERNATIONAL

Table of Contents

Section I Investment SummaryOffering Highlights 4Asset Overview 5Aerial 6

Section II Property DescriptionRegional Map 8Regional Aerial 9Conceptual Site Plans 10Topography 11Surrounding Area Traffic Counts 12

Section III Market OverviewBonney Lake Overview 14Demographics 17Puget Sound Overview 18

Section IV AddendumLegal Description 25Future Land Uses Map 26

Table of Contents

Investment Summary


Investment Summary

The Offering

Price: $3,000,000

Total Land Area: Estimated 540,144 SF (12.4 acres)

Parcel Number: 052027-3-070

Zoning:R-1 (Low Density Residential, 4-5 units per acre)

Owner: Sajjadi Family Holdings, LLC

Terms

This property is offered on an as-is basis. Legal documents and reports summarized in this Offering Memorandum are not intended to be comprehensive statements of the terms or contents of such documents and reports. Interested parties should conduct independent investigation and reach conclusions without reliance on materials contained herein.

The material contained in this Offering Memorandum is confidential, furnished solely for the purpose of considering the purchase of the property described herein and is not to be copied and/or used for any other purpose, or made available to any other person without the express written consent of Colliers Investment Services. Additionally, this Memorandum is delivered under the terms and conditions of a Confidentiality Agreement, which has been executed by the recipient as Reviewer. All terms and conditions of the Confidentiality Agreement apply to information contained herein, as appropriate.

Offers should be submitted to the Exclusive Listing Brokers, Pat Mutzel and Greg Skipper (details below). Tours of the Property can also be arranged through the Exclusive Listing Brokers.

Pat MutzelSenior Vice PresidentColliers International425 453 3142 - Direct425 453 4540 - [email protected]

25 Lake Tapps | 7511 WEST TAPPS HIGHWAY EAST, BONNEY LAKE, WA 98391

Feasibility Services

Feasibility was provided by ESM Consulting Engineers, LLC. Please contact Eric LaBrie for property development or zoning questions.

Eric LaBrie, A.I.C.P.PresidentESM Consulting Engineers, [email protected]

33400 8th Avenue S, Suite 205Federal Way, WA 98003253 838 6113 -Office206 491 3415 - Cell253 944 1503 - Direct

Greg SkipperAssociateColliers International425 453 3138 - Direct425 453 4540 - [email protected]


Investment Summary25 Lake Tapps offers the premier residential developer the opportunity to develop one of the largest tax parcels near Lake Tapps. At an estimated 12.4 AC, 25 Lake Tapps is the largest available residential development opportunity of its kind.

Asset Overview25 Lake Tapps is comprised of approximately 540,144 SF (12.4 AC) and with an R-1 zoning (4-5 units per acre) and maximum height of 35 feet above grade. The low density zone is for detached housing.

Location25 Lake Tapps is located at 7511 West Tapps Highway East, Bonney Lake, WA 98391. Centrally located right off West Lake Tapps Highway East via Church Hill Road, 25 Lake Tapps has superior access to both the marina and Allan Yorke Park, which is soon to be expanded/renovated under the Watershed Plan.

Development Standards*:Allowed Use: DetachedDensity: 4-5Minimum Lot Width: 55’Bldg Setbacks: Front: 10’ Garage: 20’ Side Yard: 5’ Rear: 20’Max. Building Height: 35’Max. Lot CVG: 60%Park Required: 193 SF/DU (fee in lieu possible)

* Buyer to verify standards with the city.

Offering HighlightsExcellent Location – Well located, within walking distance to the marina and park as well as a short drive to all major retail and shopping centers the city has to offer.

Under-utilization of Land – Zoned for a 35’ height limitation with a min of 4 units per acre density.

Product Scarcity – Very few large acreage sites available in or around Lake Tapps.

Capital Projects – Watershed Plan - Allan Yorke Park expansion to the east will cover Lake Tapps Highway East and Church Hill Road with three new public multi-use soccer and baseball fields. This will be directly across the street to the west of 25 Lake Tapps. The total estimate costs of the expansion is upward of $16.3 million, which will include a future waterfront park near the marina, expanded boating facilities and parking, new recreation venues and the waterfront promenade.

Service Providers On Site:Sewer: City of Bonney LakeWater: City of Bonney LakePower: Puget Sound EnergyGas: Puget Sound EnergyTelephone: QwestSchool District: Sumner School District #320


Investment Summary

Aerial

Property Description



Regional Map

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San Juan Islands

TACOMA

Anacortes

KeystonePort

Townsend

Kingston

Edmonds

SkagitBay

Admiralty InletMukilteo

Everett

Quilcene

BainbridgeIsland

BELLEVUEMercerIsland

Bremerton

Southworth

Vashon

Bothell

PugetSound

Mt. Vernon

Renton

Olympia

North Bend

SEATTLE

Lynnwood

Issaquah

Federal Way

Marysville

Redmond

Maple Valley

Puyallup

Silverdale

Kirkland

Covington

Auburn

Shoreline

Bonney Lake410



Regional Aerial

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IGHWAY

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BONNEY LAKE

MOUNT RAINIER

25 LAKE TAPPS

LAKE TAPPS

AUBURN

MOUNT ADAMS

SUMNER

MUCKLESHOOT RESERVATION

LAKELAND COMMUNITY



Conceptual Site Plan



Topography



Surrounding Area Traffic Counts

Traffic Count Map7511 W Tapps Hwy E, Bonney Lake, Washington, 98391 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 47.18900

Longitude: -122.16198

Source: ©2016 Kalibrate Technologies

August 17, 2016

©2016 Esri Page 1 of 1

Market Overview


Market Overview

Bonney Lake OverviewBonney Lake was incorporated as a city in 1949 with a population of 327. The population today is approximately 19,490. Bonney Lake is currently organized as a noncharter code city, under the mayor-council form of government.

Located in the scenic shadow of majestic Mt. Rainier, Bonney Lake has become a premier city for families and community in the Western Washington, Puget Sound, and eastern Pierce County region. Located just a short drive from Seattle and Tacoma, and neighboring Puyallup, Sumner and Enumclaw, Bonney Lake combines living in a country community setting with easy access to city amenities.

DemographicsThe current average household income in the 5-mile ring is $95,807, and is projected to be $104,510 by 2021. Currently there are 19,903+ people living within the city limits of Bonney Lake, however there are more 88,253 people living within a five mile radius of 25 Lake Tapps.

Economy Bonney Lake has attracted over 480 businesses within its city limits. The town’s economy is driven by construction and retail. Bonney Lake is primarily a suburban neighborhood with citizens commuting to work primarily to Tacoma and other Pierce County cities.

Pierce County has the second largest labor market in the state behind King County and Tacoma’s well-diversified employment base reflects both private- and public-sector employers including the Boeing Company, MultiCare Health System, Franciscan Health System, DaVita, the Port of Tacoma, Joint Base Lewis-McChord (JBLM), Intel, Emerald Queen Casino, City of Tacoma, Tacoma Public Utilities and the Puyallup Tribe.

An industry leader and household name, State Farm recently expanded its Pierce County operations with a new claims center in downtown Tacoma and currently employs more than 1,000 people. State Farm also has a regional operations center in nearby DuPont. Amazon is also setting up shop in the area with a new fulfillment center in DuPont. Amazon recently invested more than $100 million in the area with a new fulfillment center in DuPont, which currently employs over 750 people. With its robust military recruiting program, Amazon recently committed to hire at least 1,200 veterans in the coming year.

Commencement Bay, with an average depth of 600 feet, is Tacoma’s natural, deep-water harbor and home to the Port of Tacoma. Tacoma’s real estate and marine cargo operations generate more than 29,000 jobs and nearly $3 billion in economic activity. Combined, marine cargo operations at the ports of Seattle and Tacoma support 48,000 jobs and generate nearly $4.3 billion in economic activity. The Port’s four intermodal rail yards, served by BNSF Railway and Union Pacific Railroad, are linked to its main terminal areas and Interstate 5 by three highway interchanges. The West Coast’s main north/south trucking routes of Interstate 5, State Route 509 and State Route 99 are less than three miles from the terminal and Interstate 90, one of the country’s main east/west transportation routes, connects to Interstate 5 just 30 miles north in Seattle.

As part of the 2005 round of Base Realignment and Closure actions, Fort Lewis and McChord Air Force Base were combined to form Joint Base Lewis-McChord (JBLM) in 2010, one of only 12 joint bases worldwide. The largest military installation on the West Coast and the third largest employer in Washington state, JBLM has 22.8B SF of buildings (not including housing) and covers 414,000 acres (including Yakima Training Center). The base provides state-of-the-art training and infrastructure, quality-


Market Overview

of-life programs and fully capable mobilization and deployment operations for the Army, Navy, Air Force and Marines. Currently supporting a military and civilian population of close to 117,000, JBLM will support more than 136,000 soldiers, airmen, dependents and employees by 2016 in addition to approximately 120,000 military retirees.

Financial institutions such as US Bank, Columbia Bank, Key Bank, Umpqua Bank, Investco, JP Morgan Chase, Wells Fargo, Opus Bank, Union Bank of California and BNY Mellon employ more than 3,000 in downtown Tacoma. Distribution and logistics firms, drawn to the area by the Port of Tacoma and the BNSF Railroad, include Fedex Freight, UPS, Regal Logistics, Coca-Cola Bottling Company, Lynden Transport, McLane Northwest, Gordon Trucking, Supervalu, Golden State Foods, Brown & Haley, Toysmith, Carlile Transportation Systems and IKEA. Milgard Manufacturing, Bradken Atlas, AIM Aerospace, Northwest Door, Precisions Machine Works, Concrete Technology, Pacific Crest Industries, Commencement Bay Corrugated and General Plastics are several manufacturing firms in the area.

Anchoring the local healthcare industry and supporting more than 12,000 jobs in Tacoma and Pierce County, are MultiCare Health System and Franciscan Health System, two of the largest providers in the country. DaVita employs another 900 and Group Health an additional 620. State Farm, Regence BlueShield and Propel Insurance represent the insurance industry with a combined labor force of approximately 1,800 and the professional services sector is also well represented. Davies Pearson, PC and Eisenhower & Carlson, PLLC are just two local law firms ranked in Washington’s Top 50 Law Firms, 30 Moss Adams and McGladrey are notable accounting firms and Associated Earth Sciences, Inc. and Geo Engineers are recognized for their environmental consulting and earth science/technology work throughout the region. Fiduciary Consulting, Inc. represents the financial interests of the Weyerhaeuser family and TrueBlue Inc., is headquartered in Tacoma and serves as the parent company to national blue-collar staffing firms Labor Ready, Spartan Staffing, CLP Resources, Plane Techs and Centerline. Boeing, Toray (Composites) America, and Intel further solidify Tacoma’s standing as an economic engine in its own right with another 2,600 jobs in aerospace and high tech.

New Developments These upcoming projects that will diversify Bonney Lake’s employment base and strategically position the city for the future:

• Eastown Commercial Center – The project is located at 21916 SR 410. The proposal is to develop 29,900 square feet of retail space and 235,362 square feet of mini-storage space on a site totaling 17.70 acres at 21916 SR 410 E, as well as a stormwater pond, and associated parking and landscaping.

• Highland Ridge Subdivision – The project is to subdivide 30.84-acres into 88 single-family lots and 7 tracts with a minimum lot size of 4,112 square feet, and an average lot size of 5,735 square feet, and 14.22 acres in undeveloped wetland and wetland buffer area. The first phase of this final plat contains 11 single-family residential lots.

• Skystone Apartments – The City of Bonney Lake has received an application from Skystone Apartments, LLC to construct 288 apartment units on 14.9 acres adjacent to the SE corner of the intersection of Sumner-Buckley Highway East and 192nd Avenue East.

• Park Place – Park Place is proposed to be a 92-unit multi-family development located at the northwest corner of Bonney Lake Boulevard East and West Tapps Highway East, adjacent to Allan Yorke Park. The proposal includes construction of multiple-unit structures with designated parking, and landscaping.

Bonney Lake Overview


Market Overview

Allan Yorke Master PlanOn 7/19/16, the Bonney Lake City Council listened to a presentation by Bruce Dees & Associates about the park’s new master plan, which details various improvements and overhauls the Bonney Lake community said it wanted. The entirety of this project is expected to cost upward of $16.3 million.

The master plan divides Allan Yorke Park into four main areas, each with their own improvements. North Park is everything north of Bonney Lake Boulevard, including the city’s Public Works building and the Senior Center. Central Park is comprised of the current staging area for Tunes @ Tapps, the two baseball fields and the children’s play area. South Park encompasses the tennis courts and land south of the gazebo close to West Tapps Highway, and East Park is composed of everything east of the gazebo and the boat trailer parking.

Phase 1 would include all of South Park as well as the dog parks and natural-grass little league field in North Park. Priority projects would cost just over $1.76 million, and the secondary improvements raise the cost to $3.48 million. Phase 2 would finish off East Park. Primary improvements would cost more than $2.85 million, and adding the secondary improvements would bring that number up to $5.54 million. Phase 3 completes the rest of North Park with a price tag of $1.83 for the primary projects and $3.53 million with the secondary projects. Central Park is expected to be upgraded last, since it’s the portion of the park most utilized by Bonney Lake residents, Dees explained. Primary improvements start at $1.76 million and jump to $3.77 with the secondary improvements.

Bonney Lake Overview


Market Overview

Demographics & Trade Area

POPULATION 1-Mile 3-Mile 5-Mile

2010 Census 6,456 36,802 80,126

2016 Estimate 6,867 39,702 88,253

2021 Projection 7,265 42,203 94,230

HOUSEHOLDS 1-Mile 3-Mile 5-Mile

Households 2,445 13,894 31,415

Average Household Size 2.81 2.85 2.80

POPULATION BY AGE 1-Mile 3-Mile 5-Mile

2016 Estimated Median Age 37.9 37.2 37.6

2016 HOUSEHOLD BY INCOME 1-Mile 3-Mile 5-Mile

<$15,000 3.1% 4.5% 5.3%

$15,000 - $24,999 2.0% 3.8% 5.0%

$25,000 - $34,999 2.7% 5.4% 6.0%

$35,000 - $49,999 8.8% 9.2% 10.8%

$50,000 - $74,999 21.4% 19.4% 18.7%

$75,000 - $99,999 21.3% 17.6% 16.4%

$100,000 - $149,999 26.0% 24.2% 23.1%

$150,000 - $199,999 8.8% 8.8% 8.6%

$200,000+ 5.8% 7.0% 6.1%

Average Household Income $101,381 $100,410 $95,807

Median Household Income $86,767 $83,938 $80,117

HOUSING UNITS 1-Mile 3-Mile 5-Mile

Owner 2,016 11,208 23,893

Renter 432 2,686 7,522


Market Overview

Puget Sound OverviewThe Puget Sound region is the largest business center in the Pacific Northwest with cutting-edge companies and an unmatched spirit of innovation. The region is home to some of the world’s most successful businesses including Microsoft, Costco, Nordstrom, Boeing, Amazon.com, Starbucks, Nintendo of America, Tableau Software, Targeted Genetics, Valve Corporation, Weyerhaeuser, PACCAR, Safeco, and many more. Led by the strength of the regional commercial aircraft and information services industries, the Puget Sound economy is well diversified and stable. Boeing has maintained its strong run of orders through international demand and the tech sector is expanding far beyond the Microsoft empire. The unemployment rate in the Greater Seattle region is much lower than the national average, sitting at 4.9%.

PopulationSeattle is the largest city in King County with a 2015 population of 650,834. The Seattle housing market has experienced more than a decade of consistent growth. With demand increasingly outweighing the future supply of apartment units, new construction is on the rise. High-density development is transforming the Seattle area. There is also demand for smaller multifamily spaces in urban neighborhoods.

Planners generally agree that the four-county Puget Sound area will see its population swell by 1.2 million during the next 30 years. Seattle has grown by 5,400 residents per year over the previous 16 years and is expected to add another 134,000 people by 2040. The comprehensive plan for Seattle hopes to channel this growth into urban neighborhoods.

EmploymentRoughly 13.1% of residents are in professional/managerial roles, 7.1% are in business/financial roles, and 16% are employed in professional, scientific, or technical services industries. As a result, the median household income in King County is above the U.S. average. Cost of living is generally higher than the

U.S. average, but it is in line with other metropolitan areas with similar income levels. Seattle’s unemployment rate is at 3.3%.

Bellevue is ideally located just minutes from dozens of Seattle’s largest employers. Multiple express and local mass transit options open this neighborhood to key employment hubs and ensure a convenient commute to and from work.

University of Washington lies in the heart of the University District neighborhood. The University plays a key role in many economic sectors such as healthcare, biotechnology, information technology, science and research. The University of Washington is among the top public research universities in the world. It receives approximately $1 billion in externally funded, peer reviewed research grants every year, placing it second only to Harvard in total National Institutes of Health research funding, and to Johns Hopkins in total federal research funding.Bellevue is 20 minutes from South Lake Union and Downtown Seattle. South Lake Union now boasts Amazon.com’s new headquarters and is expected to attract many new businesses to the region. South Lake Union has transformed from a


Market Overview

TransportationSound Transit has had their permit approved with the city of Bellevue and is moving forward on the East Link light rail from Seattle to Mercer Island to South Bellevue. Construction is expected to start spring of 2016. New light rail stations are under construction or recently completed in Capitol Hill and U-District in Seattle and will be operational in 2016. Sound Transit also plans to open a new station in Angle Lake from SeaTac later in 2016. Seattle-Tacoma International Airport is the nation’s 13th busiest airport, handling more than 37.5 million passengers in 2014. To handle the large volume of passengers, Seattle has recently finished connecting downtown to SeaTac by light rail. Trains now carry passengers through 13 stations and run 4.4 miles on elevated tracks, 2.5 miles in tunnels and 7 miles at grade. To integrate the light rail with the existing bus infrastructure, Sound Transit has retrofitted the downtown Seattle Transit Tunnel and its existing stations for joint use by both light rail trains and buses.

Sound Transit is currently expanding light rail service to north Seattle, connecting the University of Washington and Capitol Hill to downtown Seattle and the airport. The University Link will serve the three largest urban centers in the state of Washington – downtown Seattle, Capitol Hill and the University District. The rail extension is currently under construction and will begin service in 2016. The extension will add an additional 3.15 miles that connects downtown Seattle to the University of Washington via Husky Stadium, and will add 71,000 riders to the system by 2030, bringing the system wide total to 114,000 riders.

DevelopmentThe Alaskan Way Viaduct is currently being replaced by a tunnel after the viaduct has continuing settlement damage after the 2001 Nisqually earthquake. The replacement tunnel is a bored road tunnel that is under construction in Seattle. It is scheduled to open in late 2015. The 2-mile tunnel will carry State Route 99 under downtown Seattle from the SoDo neighborhood to South Lake Union in the north. The new replacement tunnel is expected to carry 110,000 vehicles per day. In July 2013 the tunnel boring machine, Bertha, began boring out the tunnel starting digging through the first of ten phases of the tunnel.

The transformation of Seattle’s waterfront is made possible by the removal of the failing Alaskan Way Viaduct and replacement of the deteriorating Elliott Bay Seawall. These waterfront projects open up new public space, from the Olympic Sculpture Park to Pioneer Square, for parks and paths, access to the water, places to enjoy views, vibrant public and cultural spaces,

warehouse district into a thriving hub of workers and retailers, all converging on the location thanks to Amazon’s wealth of employees who are already in the area. Amazon has a total of 6,120,605 SF in South Lake Union, Belltown, Seattle CBD, and Queen Anne, spanning through 23 buildings. New apartment complexes recently opened in neighborhood, and other technology companies are trying to locate in the vicinity of South Lake Union and Fremont. With the construction of the new Amazon towers in the Denny Regrade, Amazon will have room for an additional 12,000 employees and will occupy at least 9.4 million SF.

Puget Sound Overview (cont.)


Market Overview

High-Tech IndustriesThe Puget Sound takes great pride in its high-tech sector which includes software and internet-based companies as well as advanced technology manufacturers. Companies are drawn to the area for many reasons. Since 2006, Seattle had a higher percentage of residents with advanced degrees than anywhere else in the nation. Young, educated high-tech workers find the downtown cores of Bellevue and Seattle to be an extremely attractive places to live, work and play. High-tech companies benefit from close proximity to the University of Washington (UW). UW’s world-class research and educational opportunities foster the growth of new companies, promote collaborative ventures and help ensure the availability of a highly skilled workforce. The cluster of prominent and dynamic high-tech firms already located here is another major appeal bringing new businesses to the area. Information and communications technology (ICT) companies such as Microsoft, Amazon and Tableau Software generate annual revenue within the state of Washington of $39.9 billion and account for 238,900 ICT jobs.

AMAZON | The talent pool for information technology professionals in the Seattle region is so rich that many companies have identified this community as a key location for the future growth of their business. South Lake Union now boasts Amazon’s new headquarters and is expected to attract many new businesses to the region. South Lake Union has transformed from a warehouse district into a thriving hub of workers and retailers, all converging on the location thanks to Amazon’s wealth of employees who are already in the area. Amazon has a total of 6, 120,605 SF in South Lake Union, Belltown, Seattle CBD, and Queen Anne spanning 23 buildings. With the construction of the new Amazon towers in the Denny Regrade, Amazon will have room for an additional 12,000 employees and will occupy at least 9.4 million SF.

MICROSOFT | The information technology sector is the second-largest industry in the Puget Sound area including about 8,610 companies totaling upwards of 239,000 employees. Microsoft, which has its headquarters and other research and development facilities in the Seattle area, employs 42,991 people locally, and 115,905 worldwide. Heightened demand for Microsoft products will sustain Microsoft’s employment for years to come. Microsoft also has significant cash reserves that it uses to finance the expansion of their operations and to expand the company’s global reach.

Puget Sound Overview (cont.)and a new urban street that will accommodate all modes of travel and provide an important connection in the City’s transportation system. Pike Place Market’s MarketFront, a waterfront-facing westward expansion of the Market broke ground in June 2015 and is scheduled for completion in December 2016. The expansion will provide more space for farm/craft tables, additional retail/restaurant space, 30,000 SF of public open space and views of Elliott Bay, low-income housing for seniors, expanded social services and 300 parking spaces.

The Puget Sound region is the largest business center in the Pacific Northwest with cutting-edge companies and an unmatched spirit of innovation. The region is home to some of the world’s most successful businesses including Microsoft, Costco, Nordstrom, Boeing, Amazon.com, Starbucks, Nintendo of America, Targeted Genetics, Valve Corporation, Weyerhaeuser, PACCAR, Safeco, and many more. Led by the strength of the regional commercial aircraft and information services industries, the Puget Sound economy is well diversified and stable. Boeing has maintained its strong run of orders through international demand and the tech sector is expanding far beyond the Microsoft empire. The unemployment rate in the Greater Seattle region is much lower than the national average, sitting at 5.4%.


Market Overview

ManufacturingPuget Sound’s manufacturing sector accounts for nearly 87% of the state’s total exports and almost 20% of the state’s living-wage jobs. According to the US Census Bureau, in 2012 Washington State ranked 4th among states in exports, amounting to $74.98 billion in total exports and making up 9.3% of Washington state’s workforce. This number makes up 3.5% of total U.S. exports,

making Washington’s manufacturing sector extremely important to the nation’s balance of trade.

BOEING | Aerospace has long been the largest industry in the Seattle region, thanks to the Boeing Company. As of November 2015, Boeing employs 85,000 workers in the state of Washington. Boeing and other aerospace companies totaled $48.8 billion in exports — 54% of the total for the state. Boeing supported $70 billion in revenues to the state economy, 11% of statewide Gross Business Incomes. In 2012, the aerospace industry provided 132,500 jobs at 1,350 establishments across the state. In 2014, Washington produced 95% of all commercial airplanes manufactured in North America.

Boeing’s new 787 and 777 airplanes are assembled north of Seattle in the city of Everett. The inaugural delivery of the 787 took place in the third quarter of 2011, and the Everett plant currently constructs more than half of all 787’s in production. Boeing’s $1 billion, 1.3 million SF 777X wing plant in Everett is under construction and on track to deliver in May 2016. The first 777X will begin to be assembled in 2017 with the first to enter service as early as 2020. Though Boeing’s orders declined 43% over 2015, they ended the year by delivering a record high 768 commercial aircraft. The company maintains a backlog of 5,848 planes.

Boeing announced in January 2016 that they would slow production of the 747 jets at the production line in Everett to 0.5 per month from 1.3. This is mostly a sign of the sluggish air cargo industry that showed a decline of 1.2% in freight orders in November 2015 from the previous year. Passenger demand is up significantly though, with 5.9% growth in November and announced a 40-plane sale to United in Q1 2016. Orders picked up as FedEx bought 50 767s from Boeing, adding to the workload in Everett. In September, Boeing announced a ramping up of production of the 767 to 2.5 per month starting in 2017 to meet increasing demand.

As Boeing’s demand remains strong, it continues to look at cost-cutting ways, such as expanding their South Carolina operations or increasing investment in robot production technology. Boeing reported a $435 billion order total during a Q2 2015 conference call. With some job losses in 2015, Boeing’s total of 116 new orders in Q1 2015, continuing demand fueled by rivalry with Airbus, and reauthorization of the Export-Import Bank, all point to Boeing continuing to be a strong presence in the Puget Sound.



Market Overview

Port of Seattle / Port of TacomaBecause of its proximity to growing markets in the Pacific Rim, the Puget Sound is expected to experience continued economic growth through international trade. The dramatic economic development and trade expansion of Pacific Rim countries, especially China, has had a significant impact on the region. Trans-Pacific trade with the United States surpassed Trans-Atlantic trade for the first time in 1985 as a result of increased volume and shorter shipping times between Asia and the Northwest. Key exports are aircraft, engines and parts, agricultural products, and wood products. With the formation of The Northwest Seaport Alliance in August 2015 combining the Ports of Seattle and Tacoma, these ports are now the third-largest container gateway in North America. More than 3.5 million containers (20-foot equivalent units or TEUs) in 2015 was a 4% increase from the previous year. This strong rebound of container volumes grew despite the slowing Chinese economy and the lasting effects of the West Coast labor negotiations throughout 2015.

TourismTourism is Washington State’s fourth largest industry behind the aerospace and software industries. The Puget Sound has long had a healthy tourist element in its economy. The King County area attracts more than 19 million people overnight annually for a total of $6.4 billion in visitor expenditures in 2014. Downtown Seattle achieved a hotel occupancy record of 82.2% in 2014, as tabulated by Smith Travel Research. According to the Seattle Convention Center and Visitors Bureau, Seattle’s Convention Center attracted 431,552 visitors at 358 conventions throughout the year 2014, and boasted a total annual operating revenue of $44.95 million. Estimated state sales tax receipts from delegate spending totaled $23.44 million. Washington State Convention Center is expanding with construction slated for early 2017 to add 250,000 SF of exhibition space, 120,000 SF of meeting rooms, 70,000 SF of ballroom and loading space, and retail and transit operations all for a projected 2020 opening.

Seattle continues to remain competitive with Vancouver B.C. in passenger numbers, validating Seattle’s strong position in the Alaska cruise market. Two downtown cruise terminals and convenient air travel make Seattle the preferred choice for Alaska and Pacific



Market Overview

Northwest cruises as the city will host 203 ships and almost 960,000 passengers in 2016. Seattle welcomed 898,032 passengers in the 2015 cruise season. In 2016, Seattle’s cruise ship terminals will serve seven major cruise lines. Each ship will bring in $2.5 million to the local economy. The cruise industry is responsible for more than 3,600 jobs in the region, $441 million in annual business revenue, and $17.2 million in state and local taxes in 2015.

Healthcare and BiotechnologySeattle’s healthcare cluster (hospitals, healthcare products and services, training and research) accounts for 96,000 jobs and contributes over $10 billion annually to the local economy. Seattle is a hub for global health organizations non-profits. The Bill and Melinda Gates Foundation, PATH, the Benaroya Research Institute, and many other world health organizations call Seattle home. Together their endowments amount to more $3.6 billion and their proximity to Seattle’s ICT sector has led to exciting new developments in healthcare regionally, nationally and worldwide. Seattle’s strong position in healthcare, biotechnology and information technology has led to new collaborative developments in bioinformatics (using databases and algorithms to enhance biological research) and health informatics (using computer technologies for the collection, storage, communication and optimal use of health related data).

Clean Technology The Clean technology industry in Seattle/Washington State accounted for 56,762 in “total green employment,” as outlined in the Washington State Employment Security Department’s July 2015 report on 2013 data. Seattle/King County area accounts for more than 35% of this green employment, with 20,100+ employees. Industry sectors with the largest numbers of green jobs in 2013 were construction, administrative and support and waste management and remediation services and professional, scientific, and technical services. Across clean technology industries, overall employment is projected to grow by 4,975 jobs, or 9.5% from 2013 to 2018. The environmental consulting services industry is projected to grow at the highest rate, 36%, adding 895 jobs. Washington State has the single largest electricity transmission program in the United States covering all or part of 14 states. Nearly three fourths of the state’s electrical power is drawn from hydroelectric energy. Seattle City Light, a city owned utility company, has been carbon-neutral for several years.

Sound Transit – Light Rail InfrastructureSound Transit is continuing an aggressive program to better integrate major transportation modes, especially with light rail. Seattle-Tacoma International Airport is the nation’s 15th busiest airport, handling more than 34.7 million passengers in 2013. The airport is a world-class facility with a regional economic impact of over $13.2 billion. SeaTac generates more than 138,000 jobs (89,902 direct jobs) representing more than $2.2 billion in direct earnings and $412 million in state and local taxes. To handle the large volume of passengers, Seattle has recently finished connecting downtown to SeaTac by light rail. Trains now carry passengers through 13 stations and run 4.4 miles on elevated tracks, 2.5 miles in tunnels and 7 miles at grade. To integrate the light rail with the existing bus infrastructure, Sound Transit has retrofit the downtown Seattle Transit Tunnel and its existing stations for joint use by both light rail trains and buses.

DemographicsWashington State’s population grew by an estimated 64,630 people from 2012 to 2013 to 6,882,400 (or 0.95%) and is estimated to reach more than 7,000,000 by the end of 2014. Interstate population movement is primarily driven by people seeking or taking new jobs. Washington consistently outperforms nearby states and the nation in demand for workers. Washington State has good prospects for continued economic and demographic growth, given the strength of the housing market, increasing foreign exports, the continued presence of the state’s aerospace industry and the stability of the state’s high-technology industries.


Addendum


Addendum

Legal Description

Parcel Number 052027-3-002 (Eastern, R-1 zoned portion only)Legal Description The easterly, R-1 zoned portion of:

Section 27 Township 20 Range 05 Quarter 31 THAT POR OF FOLL DESC PARCEL LY NLY OF 76TH STCT E SD PARCEL DESC AS S 1/2 OF NE OF SW & E 1/2 OF SE OF NW OF SW LESS N 300 FT OF W 100 FT & LESS THAT POR BEG AT MOST NLY COR TR B CHURCH LAKE WATERFRONT TRS DIV 1 TH E ALG N LI OF E 1/2 OF SE OF NW OF SW 84.26 FT TH S 34 DEG 14 MIN 51 SEC W 153.77 FT TO E LI OF W 100 FT OF SD SUBD TH N 127.44 FT TO BEG CURRENT USE RCW 84.34 AUD FEE 2417663 AGRI 1971 CONT’D 1991 Q780249 ETN 4255287 PROBLEM WITH LEGAL WORKED ON INTENT MC 03/16/2011 OUT OF 3-002 SEG 2013-0326 DX3/13/13DX


Addendum

Future Land Use

LakeTapps

Lake Debra

Jane

LakeBonney

PrintzBasin

Fennel Creek

SwissPark

BonneyLake

Elementary

Allan YorkePark

Public Worksand

Senior Centers

EmeraldHills

Elementary

LakeridgeMIddleSchool

Justice Center& Library

Public SafetyFood Bank

FutureCivic

Campus

Pierce TransitPark & Ride

Fenn

el Cr

eek

MA

IN S

T E

Bonney LakeHigh School

Mountain ViewJunior High

Victor FallsElementary

CedarviewPark

RhodesLake

BONNEY LAKE CITY LIMITS

Puyallup River

White River

Fennel Creek

VictorFalls

Fenn

el C

reek

Fennel Creek

?u@410

?u@410

?u@410

?u@410

?u@410

D O W N T O W N

M I D T O W NE A S T O W N

MidtownPark

Ken SimmonsPark

FennelCreekPark

SR410 E

214T

H A

VE

E

112TH ST E

120TH ST E

MY

ER

S R

D E

96TH ST E

ANG

ELI

NE

RD

E

218T

H A

VE

E

SOUTH PRAIRIE RD E

SR410 H

WY E

RHODES LAKE RD E

234TH AVE E

SKY

ISLA

ND

DR E

SR410 H

WY W

SOUTH TAPPS DR E

RIV

ERSI

DE

DR

E

LOC

UST

AV

E E

166T

H A

VE

E

182N

D A

VE E

230T

H A

VE

E

WE

ST

TAP

PS

HW

Y E

92ND ST E

SUMNER BUCKLEY HWY E

CHURCH LAKE RD E

SUMNER-BUCKLEY HWY E

ENTWHISTLE RD E

192N

D A

VE E

BONNEY LAKE BLVD E

64TH ST E

86TH ST E

68TH ST E

75TH ST E

65TH ST E

193R

D A

VE E

CONNELLS PRAIRIE RD E

WEST TAPPS DR E

104TH ST E

185T

H A

VE

E

77TH ST E

74TH ST E

107TH ST E

62ND ST E

116TH ST E

91ST ST E

SR410 W

BAR

KU

BE

IN R

D E

ELHI RIM RD

78TH ST E

SUMNER-TAPPS HW

Y E

183R

D A

VE E

170T

H A

VE E

106TH ST E

108TH ST E

93RD ST E

199T

H A

VC

T E

238T

H A

VC

T E

190T

H A

VE

E

188T

H A

VE

E

195T

H A

VE

E

CH

UR

CH

LAKE DR

E

184T

H A

VE

E

117TH ST E

KELLY LAKE RD E

MAINST

E

88TH ST E

VANDERMARK RD E

224T

H A

VE

E

MCGHEE DR

99TH STCT E

174T

H A

VE E

AUTO LN

197T

H A

VE

E

210T

H A

VE

E

BUCKLEY-TAPPS HWY E

71ST ST E

227T

H A

VE

E

199T

H A

VE

E

208T

H A

VE

E207TH

AVEE

WES

T HILL DR E

200T

H A

VCT

E

101ST ST E

119TH ST E

BROOKSIDE DR E

190TH AVC

T E

82ND ST E

BONANZA DR E

CASCADE DR E

PANORAMA BLVD

195THPL

E

233R

D A

VE E

177T

HA

VEE

SNAG

ISLAND

DR

E

82ND STCT E

59TH ST E

72ND ST E

RADKE RD E

90TH ST E

206T

H A

VC

T E

61ST ST E

70TH ST E

162N

D A

VE E

211THA

VEE

111TH ST E

178T

HAV

EE

222N

D A

VCT

E

198T

H A

VE

E

VAN DYKST

222N

D A

VE E

119TH STCT E

181S

TAV

EE

58TH ST E

114TH ST E

AQU

A DR

E

NO

RTH

ISLAND

DR

E

171STAVE

E

194THAVE

E

173RD AVE E

67TH ST E

210T

H A

VC

T E

104T H STCT E

177T

H A

VCT

E

217THAV

EE

VETERANS MEMORIAL DR E

97TH ST E

RHODODENDRON DR E

SOUTH ISLAND DR E

PIPELINE RD E

112TH STCT E

221S

T AV

E E

91ST STCT E

60TH ST E

175TH AVCT E

SOU

TH VISTA D

R E

RAMP SR410 RPN1 E

100TH ST E

172NDAVE E

187T

H A

VE

E

213THAVCT E

67TH STCT E

173R

DA

VCT

E

206T

HA

V EE

237T

HA

VC

TE

57TH ST E

LA PALOMA

DR E

63RD ST E

180TH

AVE E

108TH STCT E

PR

AIR

IER

IDG

EDR

E

RAMP SR410 RPN1 W

205 T

HAV

EE

51ST STCT E

204T

HA

VE

E

205T

H A

VC

T E

168TH AV

E E

WH ISKEY RUN RD E

203R

DA

VE

E

189T

HA

VE

E

68TH STCT E

191S

T AV

E E

189TH AVC

T E

179THAVE

E

231S

T AV

E E

113TH ST E

75TH STCT E

MARYANN DR ECAUSEWAY RD E

218T

H A

VC

T E

50TH ST E

89TH ST E

94TH ST E

102ND ST E

84TH ST E

115TH STCT E

FALL

ING

WAT

ERBL

VDE

SUMMIT

DR

219 T

HA V

CT

E

85TH STE

JEN

KS

PO

INT

WAY

E

212TH AVE E

188T

H A

VC

T E

121ST ST E

209T

H A

VE

E

166THAVCT

E

225T

H A

VC

T E

LOCUSTEXT

E

215 TH

AV

EE

202N

DA

VE

E

185T

H A

VCT

E

79TH ST E

211T

H A

VC

T E

184T

H A

VC

T E

196T

HAVE

E

54TH ST E

LA RITA DR E

191ST AVCT E

80TH STCT E

198T

H A

VC

T E

179T

HAV

CT E

110TH STCT E

EVERGR

EEN

DR

RAINIERD

R

E

102ND STCT E

56TH ST E

MC

CU

TCH

EON

RD

E

74TH STCT E

NOR

THVISTA

DRE

200T

H A

VE

E

201S

T AV

E E

118TH STCT E

107TH STCT E

ASH

TON

AV

E E

223R

D A

VE E

115TH ST E

18 6TH

AVCT E

RAMP SR410 RPF1 E

164T

H A

VE

E

SPRINGWOOD DR E

52ND ST E

83RD ST E

226T

H A

VE

E

100TH STCT E

49TH STCT E

RAMP SR410 RPF1 W

224T

H A

VC

T E

81ST ST E

171S

TAV

CT

E

117TH STCT E

73RD ST E

195T

H AV

CT E

53RD STCT E

76TH

STC

T E

183RD

AVCT E

109TH ST E

PARK RD E

235TH AVCT E

238T

HAV

EE

99TH ST E

95 TH ST E

49TH ST E

221S

T AV

CT

E

80TH ST E

223R

D A

VCT

E

216T

H A

VE

E

90TH STCT E

103RD ST E

208T

H A

VC

T E

109TH STCT E

181S

T AV

CT

E

186T

H A

VE

E

MOUNTAIN

VIE

W D

R E

77TH STCT E

192N

D AVPL E

232N

D A

VE E

78TH STCT E

SPRINGHAVENW

AY

178T

H A

VC

T E

118TH ST E

86TH STCT E

94TH ST CTE

207T

H A

VC

T E

209TH AV

CT E

69TH ST E

220T

H A

VC

T E

83RD STCT E

105TH ST E

120TH STCT E

105TH STCT E

227TH AVCT E

228T

H A

VC

T E

229T

H A

VE

E

204TH AV

CT E

17 6T

HAVE E

216TH AVC

T E

184T

H AV

PL E

179TH AV

PL E

95T H LOOP E

229TH AV

CT E

226T

H A

VC

T E

106TH STCT E

198T

H A

VP

L E

201

ST

AV

CT

E

234T

H A

VC

T E

217T

H A

VC

T E

50TH STCT E

219T

H A

VP

L E

193RD AVCT E

185T

H A

VP

L E

237T H A V E E

101ST STCT E

187T

H A

VC

T E

88TH STCT E

202ND AVCT E

232N

DA

VC

TE

176T

H AVCT E

61ST STCT E

181S

T AV

PL

E

164TH AVCT E

228T

H A

VE

E

76TH ST E

225TH AVE E

116TH STCT E

58TH STCT E

OLYMPIC DR E

103RD STCT E

215T

H A

VC

T E

81ST STCT E

113TH STCT E

59TH STCT E

98TH ST E

230T

H A

VC

T E

111TH STCT E

178T

H P

L E

236T

H AV

CT E

110TH PL E

212TH AV

CT E

201S

T AV

PL

E

MT RAINIE R LOOP E

110TH ST E

79TH STCT E

172N

D A

VCT

E

219TH AVE E

183R

D A

VPL

E

197TH AVCT E

PARK DR E

175TH AVE E

165TH AV

E E

180T

H A

VC

T E

231ST AVC

T E

174TH AVCT E

220T

H A

VE

E

69TH STCT E

79TH STPL E

172ND

AVPL E

56TH STCT E

114TH STCT E

197T

H A

VE

E

207T

HAV

EE

78T H

STE

118TH ST E

107TH STCT E

203R

D A

VE E

106TH ST E

107TH ST E

115TH STCT E

181S

T AV

E E

62ND ST E

166TH

AVEE

106TH ST E

218T

H A

VC

T E

181S

T AV

E E

223RD

AVCT E

120TH ST E

11 3THST

CT

E

203R

D A

VE E

204T

H AVE E

205T

H A

VE

E

112TH STCT E

68TH ST E

101ST STCT E

106TH STCT E

93RD ST E

208T

H AVC

T E

229T

HAV

EE

75TH STCT E

225T

H A

VE

E

2 08 T

HA

VE

E

104TH STCT E

179T

H A

VE

E

208T

H A

VC

T E

120TH STCT E

59TH STCT E

226T

H A

VE

E

184T

H A

VE

E

108TH STCT E

213T

H A

VC

T E

192ND

AVE E

222N

D A

VCT

E

174T

HA

VE

E

202N

D A

VE E

221S

T AV

E E

226T

H A

VC

T E

109TH STCT E

64TH ST E

209TH AV

CT E

225T

H A

VC

T E

82ND ST E

111TH ST E

106TH ST E

233R

DA

VE

E

107TH ST E

103RD ST E

224T

H A

VE

E

109TH STCT E

106TH STCT E

191S

T AV

E E

107TH STCT E

60TH ST E

205T

H A

VE

E

208 THA

VC

TE

106TH ST E

223R

D A

VCT

E

206T

H AVE

E

108TH ST E

102ND ST E

218T

H AV

CT E

210T

HA

VC

TE

49TH ST E

63R D STE

61ST ST E

101ST ST E

222N

D A

VCT

E

184T

H A

VE

E

108TH STCTE

204T

H A

VC

T E

224T

H A

VE

E

120TH STCT E

207T

H A

VE

E

105TH STCT E

216T

H AV

E E

103RD STCT E

199T

H A

VE E

234 T HAVE

E

117TH ST E

206T

H A

VC

T E

61ST ST E

103RD ST E

197T

H A

VE

E

118TH STCT E

107TH ST E

116TH STCT E

121ST ST E

53RD STCT E

196TH AVE E

181S

T AV

CT

E

193R

D A

VE E

91ST

STC

T E

105TH ST E

73RD ST E

188T

HA

VE

E

110TH STCT E

199TH AVCT E

179T

H A

VC

T E

120TH ST E

234TH

AV

CT

E

192N

D A

VE E

207T

H A

VC

T E

81ST ST E

117T

H ST E

221S

T AV

E E

201S

T AV

E E

67TH ST E

110TH STCTE

198T

H A

VP

L E

54TH ST E

176T

H AV

E E

117TH STCT E

81ST ST E

116TH ST E

94TH ST E

204T

H AVE

E

208T

H A

VE

E

104TH ST E

73RD ST E20

5TH

AV

E E

59TH STCT E

168TH AVE E

192ND AVE E

224T

H A

VC

T E

113 TH ST E

199TH

AVCTE

119TH ST E

108TH STCT E

113TH ST E

192N

D A

VE E

70TH ST E

61ST ST E

188T

H A

VE

E

184T

H A

VE

E

186T

H A

VE

E

99TH ST E

7 9TH ST E

93RD ST E

187TH AV

E E

186T

H A

VE

E

223R

D AVE

E

78TH ST E

114TH ST E

58TH STCT E

224T

H A

VC

T E

187TH AV

E E

1 93R

DA

VE

E

207T

HA

VE

E

195TH AVE E

216THAVE

E

108TH ST E

203R

D AVE E

230T

H A

VE

E

108TH STCT E

210T

H A

VE

E

195TH AVE E

166T

H A

VE

E

60T H S T E

100TH STCT E

101ST ST E

177T

H AV

E E

200T

H A

VC

T E

76TH ST E

106T

H STCT E

205TH

AVEE

185T

H A

VE

E

56TH ST E

102ND STCT E

83RD STCT E

115TH ST E

50TH ST E

177THA

VCT

E

82NDS

TE

107TH STCT E

189T

HA

VC

TE

77TH

STC

T

E

185TH AVE E

206T

H A

VE

E

206TH AV

E E

109TH ST E

215TH AV

E E

96TH ST E

193RD

AVCT E

102ND ST E

218T

H A

VC

T E

171ST AVE

E

218T

H A

VE

E

79TH ST E

185THAVE

E

101ST STE

221ST AVEE

64TH ST E

198 T

HA

VC

TE

92ND ST E

113TH STCT E

52ND ST E

209T

HAV

EE

94TH ST E

185T

H A

VE

E

184THAVE

E

59TH ST E

202N

D A

VE E

183RD

AVEE

224T

H A

VC

T E

191S

T AV

CT

E

56TH ST E

115TH STCT E

72ND ST E

78TH ST E

58TH ST E

77TH ST E

115TH ST E

77TH ST E

228T

H A

VC

T E

195TH AVE E

107TH ST E

211T

H A

VE

E

231S

T AV

E E

64TH ST E

202N

D A

VE E

92ND ST E

231ST AVE

E

96TH ST E

230T

H A

VC

T E

97TH ST E

180T

H A

VE

E

112TH ST E

181S

T AV

CT

E

114TH ST E

194T

H A

VE

E

109TH STCT E

113TH ST E

185T

H A

VE

E

80TH ST E

203RD AVE E

83RD ST E

194T

H A

VE

E

111TH STCT E

204T

H AVE E

198T

H A

VE

E

194T

H A

VE

E

113TH ST E

96TH ST E

199T

HAV

CT

E

77TH STCT E

201ST AVCTE

89TH ST E

211T

H A

VE E

203R

DA

VE

E

212T

HAVE E

75TH STCT E

107TH ST E

191S

T AV

E E

109TH STCT E

MC CUTCHEON

RD

E

190T

H A

VE

E

221S

T AV

E E

91ST ST E

82ND ST E

99TH STCT E

193RD AVE E

183R

D AV

E E

188T

H A

VE

E

108 THSTCT

E

216T

H A

VE

E

113TH ST E

95TH ST E

196T

H A

VE

E

101ST ST E

115TH ST E

208T

HA

VE

E

205T

HAVCT E

183RD

AVE E

201ST AVE E

229T

H A

VE

E

63RD ST E

224T

H A

VE

E

190TH AVE E

189TH AVE E

190T

H A

VC

T E

116TH ST E

75TH ST E

195T

H A

VE

E

189T

H A

VE

E

69TH ST E

114TH ST E

60TH ST E

184T

HA V

EE

211T

H A

VC

T E

121ST ST E

111TH STCT E

175TH AVCT E

105TH STCT E

181S

T AV

E E

198T

H A

VE

E

170THAVE

E

225T

H A

VC

T E

75TH ST E

218THA

VE

E

94TH ST E

59TH ST E

104TH STCT E

210T

HA

V EE

111TH ST E

116TH ST E

108TH STCT E

188TH AVCT

E

115TH STCT E

90TH STCT E

202N

D AV

E E

109TH ST E

183R

D AVE

E

96TH ST E

209T

H A

VE

E

211T

H A

VE

E

230T

H A

VE

E

102ND STCT E

94TH ST E

225TH AVC

T E

171ST AVE E

217T

HAV

CTE

237TH AV

E E

219TH AVC

T E

188T

HA

VE

E

106TH STCT E

182ND

AVE

E

186T

H A

VE E

100TH STCT E

181ST

AVE

E

81ST ST E

206T

H AV

CT E

225TH AV

CT E

203R

D A

VE E

111TH ST E

113TH ST E

82ND ST E

200T

H A

VE

E

166T

H A

VE

E

202ND

AVE E

231S

T AV

E E

76TH STCT E

113TH ST E

119TH STCT E

207T

H A

VCT

E

195TH AVE E

219T

H A

VC

T E

109TH STCT E

80TH ST E

185T

H A

VE

E

183R

D A

VE E

114TH ST E

75TH ST E

10 9TH STCT E

50TH ST E

176T

HA

VEE

180T

H AVCT E

51ST STCT E

114TH ST E

193R

D A

VE E

211THAV

EE

224T

H A

VE

E

114TH ST E

82ND STCT E

110T

H STCT E

114TH ST E

119TH STCT E

218T

HA

VE

E

88TH ST E

57TH ST E

80TH STCT E

170TH AVE E

203RD AVE E

112TH ST E

60TH ST E

230TH AV

CT E

180T

H A

VE

E

198TH AVCT E

120TH STCT E

197TH AVE E

209TH AV

E E

202N

D A

VE E

103RD ST E

227T

H A

VE

E

188TH AVE E

93RD ST E

77TH ST E

185T

HA

VE

E

1 71ST

AVEE

60TH ST E

115TH ST E

234T

H A

VE

E

97TH ST E

92ND ST E

104TH ST E

210T

H A

VE

E

198T

H A

VE

E

191ST AVE

E

204T

H A

VE

E

95TH ST E

88TH ST E

207T

H A

VE

E

84TH ST E

178TH AVE E

1 00TH ST E

83RD ST E

183RD

AVE E

109TH ST E

216T

H A

VC

T E

I

January 25, 2016

FutureLand Use

City of Bonney Lake

This Future Land Use map was compiled and integrated from the most currentand accurate sources available at the time of publication. Information portrayedon this map is approximate and is not intended to serve as a legal record.Original survey notes, legal descriptions and on-site investigation should beutilized to determine exact property boundaries and locations of other features.Please contact the City of Bonney Lake Community Development Departmentfor an interpretation of Future Land Use boundaries when in question.

0 1,000 2,000 3,000 4,000 5,000

Feet

H:\Planning\Future Land Use\future_land_use_e_jan_2016.mxd

Urban Growth Area (UGA)

Tax Parcels

City Limits

Commercial - Downtown

Commercial - Eastown

Commercial - Mid-Town

Commercial - Mixed Use

Commercial - Neighborhood

Open Space - Conservancy

Open Space - Private

Open Space - Public

Public Facility

Residential - Low Density

Residential - Medium Density

Residential - High Density

TACOMA POINTTANK

TACOMA POINTWELLS

TACOMAPOINT

LakeTapps

Lake TappsElementary

K I N G C O U N T Y

P I E R C E C O U N T Y

C I T Y O FA U B U R N

SUM

NER

-TAP

PS

HW

YE

2ND ST E

4TH ST E

THOMASAVE

SE

182N

D A

V E

TACOMA

POINT

DRE

182N

D A

V E

LAKE TAPPS PKWY E 9TH ST E

16TH ST E

Non-AdjacentIncorporated Properties

LAKERIDGETANK ANDBOOSTER

PUMPSTATION

LakeTapps

CrestwoodElementary

LakeridgeMiddleSchool

LAKERIDGEJENKSPOINT

BANKERSISLAND

CITY OFBONNEY

LAKE

SUMNER-

TAPPS

DR E

RIDGEWESTDR E

A

SOUTH TAPPS DR E

SOUTH TAPPS DR E

WEST TAPPS DR E

MY

ER

S R

D E

Parcel Numbers:

Parcel Number: 0520202002

052005303705200530450520054012

Documents

For Sale - LoopNetimages1.loopnet.com/d2/FxFiObH6CoevKTpS_DZxCHtGkzpa0qjyW5GCMRsu0lc/document.pdfeconomic activity. The Port’s four intermodal rail yards, served by BNSF Railway