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An Alternative Future for the North East Mission Industrial Zone

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<strong>An</strong> <strong>Alternative</strong> <strong>Future</strong> <strong>for</strong> <strong>the</strong> NEMIZ<br />

<strong>Mission</strong> Coalition <strong>for</strong> Economic Justice & Jobs<br />

Old industrial buildings in <strong>the</strong> Central Waterfront can support<br />

a broad range of PDR uses.<br />

III.6 IPZ Literature Review & Case Studies<br />

Summary of Literature<br />

The following section provides more detailed discussion<br />

of <strong>the</strong> literature, organized by <strong>the</strong> key findings.<br />

Flexibility: Allowing Businesses to<br />

Use Space to Stay Competitive<br />

The current literature on industrial development<br />

points to <strong>the</strong> need <strong>for</strong> flexibility in terms of <strong>the</strong><br />

future use of building space (ra<strong>the</strong>r than prescriptive<br />

zoning <strong>for</strong>mulas) so that companies can<br />

remain competitive by addressing shifting market<br />

conditions and best business practices as <strong>the</strong>ir specific<br />

needs change. It also shows that when industrial<br />

protection is undertaken, many o<strong>the</strong>r economic<br />

development programs and incentives are<br />

required to make such zoning effective; zoning<br />

alone is not an effective planning tool.<br />

In cities across <strong>the</strong> country, redevelopment of<br />

industrial buildings brings commerce back to dormant<br />

districts and revitalizes communities. Thus,<br />

in many places, government has come to serve as a<br />

catalyst <strong>for</strong> <strong>the</strong>se projects by identifying and packaging<br />

sites to compete <strong>for</strong> development capital.<br />

Moreover, many cities offer grants, tax-relief, and<br />

o<strong>the</strong>r incentives to attract businesses. The literature<br />

strongly indicates that in <strong>the</strong> uncertain enterprise<br />

of <strong>for</strong>ecasting <strong>the</strong> next several years <strong>for</strong> industrial<br />

development, success will come to those cities<br />

and developers that give high priority to meeting<br />

business needs while balancing o<strong>the</strong>r public needs<br />

and social concerns. In terms of <strong>the</strong> <strong>for</strong>m and<br />

function of space, “flexibility is critical to making<br />

sure buildings don’t become obsolete. For existing<br />

tenants, built-in flexibility allows <strong>for</strong> smooth<br />

expansion or restructuring of future operations.”<br />

A recent article in <strong>the</strong> Puget Sound Business<br />

Journal explains that flexibility is of <strong>the</strong> utmost<br />

importance <strong>for</strong> newer manufacturers and hightech<br />

service providers. With its superior location<br />

next to downtown and regional transportation<br />

hubs, <strong>the</strong> Sodo neighborhood offers an ideal place<br />

to establish Seattle’s industrial incubator. Why<br />

<strong>the</strong>n isn’t Seattle’s Sodo neighborhood an engine of<br />

regional economic growth? The simple answer:

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