Industrial lands are essential to the region's economy and support many of its biggest industries. With advancements in technology, changes in demographics, and impacts of climate change, proactively planning for the region's industrial lands is key to ensuring that they continue to serve the needs of the region's residents and businesses.
The regional Industrial Lands Analysis was last updated in 2015 and included an assessment of economic activity on industrial lands in the central Puget Sound region, including analysis of industry forecasts and the region's ability to accommodate economic growth on industrial lands.
VISION 2050 was adopted in 2020 and called for an update to the Industrial Lands Analysis through DP-Action-2, which calls for PSRC to:
- Update the regional industrial land inventory
- Evaluate supply and demand for industrial land across all industry sectors
- Research trends for industrial uses as technology and markets evolve
In 2022, staff began the process to update the regional Industrial Lands Analysis. A summary of stakeholder outreach completed in 2022 and the regional industrial trends identified through this work is available below. In addition, a draft industrial lands inventory has been developed and includes detail on the methodology used and industrial lands categories identified. Staff is performing additional outreach in the fall of 2023 to support the completion of the Industrial Lands Analysis Update in 2024.