Goal: Support vibrant concentrations of retail, office, service, residential, and recreational activity in Downtown and Overlake. |
Condition:
 |
Trend:
 |
Downtown and Overlake Vitality. Residential permits increased in 2015, with 251 permits issued for Downtown, compared to 120 in 2014. New commercial floor area increased 239,000 square feet in the urban centers, with most of that being in Overlake. Employment in Redmond's urban centers accounts for 42.9 percent of total citywide employment as of 2014, down from 44.5 percent in 2013. Employment in Downtown decreased 4.2 percent while employment in Overlake increased 1.0 percent. In 2015 the City invested $15.1 million for capital improvements in its urban centers—about 59 percent of what was expected based on budget documents.
Condition:
= good,
= fair,
= poor. Trend:
= improving,
=maintaining,
= worsening.
|
Observation |
Objective |
Condition |
6-year Trend* |
Growth in centers (ratio of achieved to expected) |
|
|
|
|
Residential |
1.0
(2015) |
1.0
(2030) |
 |
 |
Commercial |
1.0
(2015) |
1.0
(2030) |
 |
 |
Centers investment (percent of budgeted capital funds expended) |
59%
(2015) |
N/A |
 |
 |
Centers employment |
|
|
|
|
Downtown employment |
9,839
(2014) |
10,800
(2030) |
 |
 |
Overlake employment |
26,444
(2014) |
36,350
(2030) |
 |
 |
Total centers employment |
36,283
(2014) |
47,150
(2030) |
 |
 |
*Where six years of data are available.